15# Should I lend to my sister and her husband? 🎙️ - The Richest Man in Babylon (4)

Date
26.01.2020
Read time

2 minutes

Author

Editorial Invest in Slovakia

Rodan is a manufacturer of spears. The king has given him 50 gold coins. He consulted Nathon, the banker, about how to use them. 

What will you learn in the new podcast?

Wealth is the child of knowledge and perseverance. Earning is not difficult, but being consistent in your financial behavior is a whole other discipline.

Gold or money is power.

The simple truth! If you are a good person, money will multiply your opportunities to do good things. If you are bad, the exact opposite happens and with any luck for all of us, you will end up in jail.

Money brings fear.

Fear that we will lose this acquired power, because with great power comes great responsibility. Even a well-intentioned move that turns out to be a mistake, multiplied by money, can get you into big trouble.

  ♀️ Lend to family?

But what if a friend or family asks me for help? If you want to help your loved ones, do it in a way that doesn't shift all of your friend's worries onto yourself.

Do you have experience?

If someone wants a loan from you to start a business, ask them what experience they have with that business. If the answer is clear and convincing, you may be looking at a super opportunity.

Foreign gold is easier to spend.

If the person standing in front of you can't even get started, then remember rule number 4 from the previous podcast. Gold flees those who invest it in things they don't understand!

In the podcasts, we cover money, productivity, investing, as well as living a fulfilled and abundant life.

Sources of information are world-famous books, videos, biographies, quotes from successful personalities, as well as real interviews with successful investors, entrepreneurs and inspirational peoplewho are achieving remarkable results.

We are interested in how these people think about money, what habits influence their daily lives, what they attribute their success to, but also what their biggest failures in life have been. 

We select only the best for you and together we will give you insight into the secrets of how to live a more successful, wealthy and productive life.

About the author
Editorial Invest in Slovakia
The Invest in Slovakia crowdfunding platform facilitates investments in Slovak real estate projects to investors from all over Europe. It focuses on innovative solutions with benefits for the surrounding area. The long-term effort of the team of specialists is the development of financial literacy. It provides clients with access to thoroughly vetted assets with different appreciation strategies.

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