9 Timeless Money Lessons from The Richest Man in Babylon

I was scrolling through YouTube this evening when I stumbled upon a video by Nischa, a renowned finance creator, breaking down lessons from the classic wealth book The Richest Man in Babylon.

I’ve read this book a couple of times in the past, and I’ve been planning to revisit it, but I just haven’t had the chance. So instead, I decided to watch her video as a quick refresher.

Here is the link to the video if you’d like to watch it yourself:
👉 https://www.youtube.com/watch?v=2K5DJWr2__I

Since I recently relaunched the 9jacashflow Insights section, I felt this was the perfect place to start. The Richest Man in Babylon is one of the greatest personal finance books ever written. Its lessons are timeless, practical, and form the foundation of wealth.

From earning money, to growing money, to protecting money, the principles remain relevant across generations.

Below is the exact list of key lessons Nischa shared from the book — simple, powerful, and worth applying immediately.

Here Are the 9 Lessons

1. Start thy purse to fattening: Start paying yourself first. A part of your income is for you to keep.

2. Control thy expenditures: What you call necessary expenses will always grow to meet your income unless you protest to the contrary. Identify real needs and separate them from unnecessary wants. Always put your wants under control.

3. Enjoy life while you can: Life is good and life is rich with things to enjoy. Use your money as a tool to create a fulfilling life. After you have saved and invested, prepare a budget where you allocate some amount for your leisure or fun time.

4. Make thy gold multiply: Gold in use will earn more than gold just sitting down doing nothing.

5. Insure a future income: Provide in advance for the needs of your growing age, and your family.

6. Increase thy ability to earn: The more you earn the more you can save and invest.

7. Guide thy treasures from loss: Do this by investing only where your principal is safe. Better a little caution than a great regret.

8. Seek the counsel of wise men: Don’t just follow the crowd or do what everyone is doing.

9. Cultivate good luck through action: Men of action are favoured by the goddess of good luck. Luck is preparation meets opportunities.

Final Thoughts

These lessons may look simple, but they are powerful. Wealth doesn’t come from complicated strategies — it comes from applying these timeless principles consistently and patiently.

At 9jacashflow, our mission is to share practical insights that help you learn more, earn more, and grow independently. Not financial advice — just real wisdom and real experiences.

If you found these lessons helpful, stay tuned for more insights, breakdowns, and practical money guides in the next posts.

Welcome again to 9jacashflow Insights.
Let’s grow together. 🚀💰