The Richest Man in Babylon for Today: New Secrets for Building Wealth in the 21st Century

by Fred Siegel, Rick Crandall

The Richest Man In Babylon For Today brilliantly creates a new classic set of up-to-date stories to guide you in saving money, getting out of debt and having your money work for you by making more money. With steps as easy to understand as 1,2,3 this book shows you how to take control of your life and become financially independent.

Genres: Self Help, Nonfiction

150 pages, Hardcover

First published January 6, 2004

About the author

Fred Siegel was an American historian and conservative writer who was a senior fellow at the Manhattan Institute for Policy Research, a conservative think tank which focuses on urban policy and politics. He served as a professor of history and the humanities at Cooper Union and was a contributor to numerous publications, including The New York Post (where he had a weekly column), The New Republic, The Atlantic Monthly, Commonweal, Tikkun, and Telos.
Siegel served as the political advisor to several political candidates in New York City, including former Mayor Rudolph W. Giuliani. He was the author of several books, including The Prince of the City: Giuliani, New York, and the Genius of American Life and The Future Once Happened Here: New York, D.C., L.A., and the Fate of America's Big Cities.
Siegel was the father of writer and editor Harry Siegel. Fred Siegel died from complications relating to a series of infections in Brooklyn, New York, on May 7, 2023, at the age of 78.

Reviews

[Kate · Rating 2 out of 5]

I meant to get the original "The Richest Man in Babylon" but seemed to have messed up the on-line library on-hold process.

This book was very light with little information. Nothing more than one might learn reading any other basic financial book.

Perhaps good for someone who really doesn't understand you should save money and invest.

[Camryn · Rating 2 out of 5]

For a book written in 2004, I'm sure the information and tips were helpful and may have been considered revolutionary. However, much like the author points out about the original "Richest Man In Babylon", the information is now out of date. In 2024, this is another inflection point through which the information in this book has become arbitrary. Following the crash of '08, a pandemic, and current employment, wage, and cost of living projections and reality, the theoretical approaches to money provided in this book seem inadequate. This book very well may have provided or assisted in the development of these principles that most have heard in modern media, especially with the rise of social media. But what this book doesn't provide are the actual applicable points of looking towards investing, what investment opportunities are out there, or were for the time, or any other truly actionable information. The common save 10% that is repeated in this book is developed upon progressively over the course of the book to be the foundational amount be which cn be invested. But as stated above, the ways in which to go about investing or finding a professional to assist is where this book is sorely lacking.

[Christina Kirtz · Rating 5 out of 5]

This is a great book that will teach you how to make, keep and grow money.

[dorxy · Rating 4 out of 5]

Basically like the original The Richest Man in Babylon but with some tweaks on what to do today, and how to do it. Common sense approach on how to manage your finances.
A really interesting read, although, it is really saying what most of the other books on financial management are saying also.

[Jey · Rating 4 out of 5]

Interesting read.

[Julie · Rating 3 out of 5]

It was a good beginers book, but nothing I hadn't heard before. It is money topics taught through a story.

[Aimee · Rating 3 out of 5]

Good, (very) basic information on creating wealth. It's a retelling of the personal finance classic The Richest Man in Babylon by George S. Clason.

[Tabitha Tufts · Rating 4 out of 5]

Good read.

[Petr1108 · Rating 4 out of 5]

My ratting is 3.5.
It's a short book, with important rules about saving and earning money.
Good rules, that are easy to follow.

[Tiffany · Rating 5 out of 5]

Every person should read this book! A must for money smarts and money common sense!