Charlwood Leigh - Independent financial advisers based in Surrey, England
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Your Money Magazine :  7 cures for a lean purse

Or How to Become Wealthy - No Quick Fix But Without Fail

These basic rules were written down over 2000 years ago by AKRAD - THE RICHEST MAN IN BABYLON.

Even after all these centuries, these rules are still valid and if you can follow them, you too will become rich.

"Of ten coins placed within thy purse take out only nine"

Obvious really. Don't spend all you earn, put a little away out of every pay cheque - here 10% is suggested but with low interest rates these days, 15%, or if you can manage it 20%, would be better.

"Budget thy expenditures, so that thou mayest have coins for thy necessities, thy enjoyments and thy worthwhile desire without spending more than nine-tenths of thy earnings"

Keep a careful track of what you spend and budget for fun, bills and savings. Try to keep within budget and look over the bank statement each month. It's your money - maintain control!

"Put one tenth to labouring that it may reproduce its kind even as the flocks of the field"

This means invest the money you save - get it working for you - money makes money - if you use it well.

"Guard thy treasure from loss, consult with wise men. Secure the advice of those experienced in the profitable handling of gold"

Take only as much risk as you feel comfortable with and get advice from experienced experts - Independent Advisors such as Charlwood Leigh - need we say more!

"Own thine own home"

Why rent? You put money in other peoples' pockets. We can help you get on the housing ladder and sort out mortgages and ways to pay them off.

"No man can afford not to insure a treasure for his old age and the protection of his family, no matter how prosperous his business and investments may be"

Insure for your old age - get a pension plan started as soon as you start work! Insure your life and your health with the best arrangements you can afford.

"Increase thy ability to earn. Cultivate thy powers, study and become wiser, to become more skilful in thy labours"

Never stop learning - technology advances, times change, new skills are needed as well as old. Sign up for vocational courses. New qualifications command better wages - more money to spend and, of course, more money to SAVE.

Extracts from the teachings of "AKRAD - THE RICHEST MAN IN BABYLON" (Translated by George S Clason). Available in paperback from www.amazon.co.uk .

   
Charlwood Leigh is an Independent Financial Adviser Charlwood Leigh Limited
Registered Office: Cameron House, Church Street, Leatherhead, Surrey, KT22 8EF, UK. Registered in England 2436806.
Telephone 01372 374444 Facimile 01372 378016 email

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Charlwood Leigh is authorised and regulated by the Financial Services Authority (FSA) , and subscribes to the Mortgage Code.
Cameron House (Circa 1835)
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