Secrets of Financial Success

In the Bloglight: Personal Money Tips

I recently read the book The Richest Man in Babylon, written by George S. Clason. The book features a series of parables about ancient Babylon. They teach financial lessons about wealth, investment and living within your means. The stories are compelling. It even features some advice for sales professionals from the perspective of a merchant.

That leads me to our featured blog, Personal Money Tips, from James W. in Malaysia. He wrote recently about understanding financial terms and specifically about the Rule of 72. He doesn't claim to be a money expert, but offers suggestions and tips based on his personal experience.

The ability to manage your money is very critical for sales professionals. The nature of the profession is that you do not have a steady stream of income. You may have a salary, draw, commission, spiffs, and/or incentives. You may have multiple streams of income. So, it's critical to set some money aside to have during lean times.

I highly recommend you check out The Richest Man in Babylon. And, visit, Personal Money Tips for other suggestions. And, be sure to copy your favorite tips into a memo or note to transfer to your PDA. Tips make for great reading when you have some downtime between calls.

James is a member of the LinkedIn Bloggers.