The Richest Man In Babylon
The Man Who Desired Gold
This chapter talks about the story of Bansir, the chariot maker in Babylon, and his friend Kobbi.
Bansir always complained that he would always work very hard but still had no money left at his disposal.
Bansir’s friend Kobbi, was a musician. He asked him for some money, which he didn't have to shell out.
Bansir and Kobbi, in a serious conversation, realize that they had been working for decades but their financial condition seems to be the same as always. They talk about how much gold they had earned over the years, but they had nothing left with them today as wealth. They had spent all the gold and money in their day-to-day living. Kobbi and Bansir discussed how they had both hoped that they would one day become rich, but it never happened. Kobbi and Bansir decide to seek advice from their childhood friend Arkad, who is known to be the richest man in Babylon.
According to Kobbi, a man’s wealth is not in the purse that he carries. A fat purse gets empty quickly if there are no income streams to refill it.
Arkad had a steady income stream which would constantly keep his purse full no matter the amount of money he spent.