The Six Laws of Wealth was quoted by Charles Conrad in his book called The Richest Man in Babylon.
THE FIRST LAW OF WEALTH
Keep a part of all you earn.
Save at least 10% of your income.
THE SECOND LAW OF WEALTH
Put your savings to work for you.
Invest it so it will multiply.
THE THIRD LAW OF WEALTH
Avoid debt.
The poor pay interest. While the rich earn interest.
THE FOURTH LAW OF WEALTH
Don’t speculate in get rich quick-schemes.
Invest in a solid business that is long term.
THE FIFTH LAW OF WEALTH
Invest in yourself.
Gain knowledge % skills to increase your earning power.
THE SIXTH LAW OF WEALTH
Safeguard your growing fortune with diversification and insurance.
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