The richest man in Babylon!
Chapter 6: The gold lender in the kingdom of Babylon
Intelligence solves problems and produces money.
Money without financial intelligence is money soon gone. — Robert Kiyosaki
From the king’s castle, Rodan,
the spear-smith of the Babylonian kingdom,
joyfully steered his horse to fly home.
The gold coins clashed
with the sound of shovels and the heavy leather bag swinging back
and forth at his belt delighted him.
Fifty gold coins!
perhaps throughout Rodan’s life,
he did not dare to dream
that one day he would own them.
Fifty gold coins!
It’s all yours!
He understands that this is a huge asset,
and at the same time,
he also feels the intense power of coins.
from here you can buy houses,
These things can be bought
during his life of hard work.
The horse was still running along the familiar road,
he could think of nothing
but the plans for those fifty gold coins.
What would he buy,
how would he use it to maintain this money?
and secure a rich life for him.
A few days later,
Rodan hesitantly entered the store of Mathon,
a gold lender who traded in jewelry and precious fabrics.
He didn’t care about the attractive goods on display,
but crossed and headed to the reception room.
There, he met Mathon sitting on a large rug
and enjoying a meal served by black slaves.
Rodan boldly said:
– I want to ask your opinion on a matter
that I do not know how to do.
Mathon was quite surprised by Rodan’s statement,
but then he smiled friendly and said:
– What makes you feel so awkward
that you have to go to the gold lender for advice,
Have you lost the silver?
Or are you in need?
I have known him for many years,
but have never seen him come to me for advice.
– What’s up to you?
I have not come here to borrow gold,
but because I need your wise advice.
– Strange! Strange!
What are you talking about?
no one has gone to a gold lender to ask for advice.
My ears must have misheard, right,
-You didn’t hear me wrong!
“Is that so! Spearsmith,
are you trying to play a prank on me
when you come to find this Mathon not to borrow gold,
but to need some advice?”
Many people have come to me just
for the sake of gold to pay for their foolish deeds,
but I have not seen anyone come to me for advice
– although perhaps none better
than the gold lenders in giving the best advice
to those who are confused about money.
“Sit down and dine with me,
– Mathon continued
– You will be my guest this afternoon.
He called his black slave.
– Bring an extra rug,
lots of food,
a big cup too.
My friend Rodan here is asking me for advice!
Ah! Choose the best wine
for us to invite guests to enjoy.
Rodan will be my guest.
– Any! Now tell me,
what problems are you facing?
– This comes from the gift the king gave me. – Rodan said.
– A gift from the king?
The king gave you a gift
and that confused you?
What kind of gift is that, Mr. Rodan?
– Because he was very pleased
with my decorative design on the swords of the royal guard,
the king rewarded me with fifty gold coins.
I have never had such a large sum of money.
So now I feel downright bewildered.
– That is natural.
Because there are many people who see gold,
their eyes light up
and the desire to possess
it is evident on their faces.
You shouldn’t let many people know about this!
– But if you don’t share this with your family members,
will you be able to do it?
With a reward like this,
why can’t you share it with your loved ones?
I’m sure your biological sister won’t take your joy away.
“Perhaps, but it is different for Mr. Araman,
my sister’s husband,
whom my sister still aspires to be a rich merchant.
My sister didn’t realize that he was never capable
of becoming a successful merchant.
So, my sister told me to lend this gold
to her husband to trade.
Later, when the business thrives,
he will pay me.
– Hey, Mr. Rodan!
This is a matter worth discussing,
and you are very wise to come
and consult with me. – Mathon said
– Gold gives its owner a new responsibility
and a new place in life.
At the same time,
it also brings a strong feeling,
a capacity to act to achieve better results.
But on the other hand,
it also brings with it the fear of being lost
or being deceived by others.
Have you ever heard the story of the farmer in Nineveh
who understood the voices of animals?
I don’t think
this is just a joke people make up in their spare time.
I’m going to tell you so that you realize
that lending isn’t just about transferring gold
from one person to another.
“There was a farmer
who understood the voices of animals,
so every afternoon,
he used to linger in the barn to listen
to the animals talk.
the farmer heard the bull complain
to the donkey about his hard work:
– I pulled the plow hard from early morning
until late at night,
even though it was very sunny,
my legs were tired or my neck was sore…
On the contrary,
his life was always peaceful and happy.
he was wrapped in a colorful blanket
and did nothing
but carry his boss wherever he liked.
And if the boss didn’t go anywhere,
he could just lie down
and graze on young grass all day.
Hearing you say that, the donkey,
even though it is suffering
from the scratches on its heels
from carrying its master all day on rough roads,
still shows that it is a good friend
and has a lot of sympathy for the cow,
so it should say:
– Hey, dear friend, seeing
that you work very hard,
I also want to help you.
I will show you how to have a comfortable rest day.
when the slave comes
and ties the plow to your neck,
lie down and roar loudly.
They’ll think you’re sick
and stop making you work.
So the next morning the bull lay down on the ground
following the advice of the donkey.
The slave returned to the farm to report,
and the farmer said:
– Then make the donkey do the ox’s plowing.
All that day,
out of goodwill to help the cow,
the donkey had to do the ox’s work.
In the evening,
when the plow was removed,
the donkey felt very bitter in his heart,
his legs and feet were tired,
and the back of his neck was sore
from being rubbed
by the yoke all day.
At that time,
the farmer purposely returned
to the barn to listen.
The bull spoke first:
– You are indeed my good friend.
Because thanks to your wise advice,
I enjoyed a very comfortable rest day.
– And I,
like other idiots,
at first wanted to help you avoid doing heavy work,
but in the end I had to do it for you.
you have to take care of your own business.
I heard the boss say he will butcher you
when you get sick again.
You really are a lazy man!
The bull was very angry
at the donkey’s words.
they don’t talk to each other anymore.
This also ended the friendship
of cows and donkeys.”
Did you learn anything from this story, Mr. Rodan?
– It’s a very interesting story.
But I didn’t learn any lesson.
Why can’t you learn a lesson?
In fact, it’s as simple as that:
“If you want to help your friends,
you have to make sure that the burden doesn’t shift
from your friends to yourself.”
– Oh! But I didn’t think of it.
It was a wise lesson
and much needed for my case now.
I don’t want to take the burden
from my brother-in-law.
But tell me,
you’ve lent money to many people,
so is it possible
that those people won’t pay you back?
Mathon smiled calmly,
demonstrating the bravery
of a person who has been experienced in lending money:
– If you are a smart
and calculating lender,
you must use some means to ensure
that the borrower will pay back the amount borrowed,
I will show you the mortgages
I keep from the borrower
and will tell you some interesting stories about this.
Mathon went into his bedroom
and pulled out a rather large trunk,
about an arm’s length in length,
wrapped in red pig skin
with bronze sculptures.
Mathon left the box on the floor,
opened the lid with both hands,
– For each person who comes to borrow money,
I ask them to leave some of their belongings as proof.
All are carefully stored in this box by me.
When the borrower comes to pay,
I will return the item.
But if they don’t pay,
I will keep the item forever as proof
that the person has betrayed my trust.
The first thing, in my opinion,
lending money to people
who own a lot of properties is the safest.
the amount they borrowed should not be more
than the value of their property,
so that if necessary,
they would sell their land,
camels or other items
to pay off the debt.
For these people,
when I lend money,
I often ask them to provide collateral.
If they can’t repay the loan,
the thing they have mortgaged will be mine
or I will sell it to make up for the amount I lent.
Also, is there another way
to make sure my loan amount is not lost.
That is to make an evidence card,
on which the promise is recorded,
if the debtor is unable to pay by the due date,
they must give me something of equal value to deduct.
In these ways,
it is certain
that the gold I lent must be repaid along with the interest.
Because, the loan job on an asset basis
that returns over time.
There are a few other people
that I also feel comfortable lending to them.
Those are people who have the ability to make money,
Having a job and a stable income,
I guarantee that they are able to pay both capital
and interest to the lender.
This guarantee is based on the work efforts of the borrower.
there are some people who borrow money
but themselves have no assets and jobs.
The lives of these people are indeed difficult
and they often cannot pay off their debts.
Although I lent them no more than a dime,
I also took something as proof.
And these things can stay in my trunk forever,
because these people very rarely pay off their debts.
When the lid of the trunk was opened,
Mathon carefully picked up the red cloth wrapper,
inside which was a beautiful copper-colored scarf.
– This will be kept forever in my evidence box,
because its owner has passed away.
He is also my dear friend.
For a long time,
we did business together
and achieved a lot of success,
until he married a Western wife.
She is very beautiful,
but not like our hard-working women.
He had to spend a lot of wealth,
gold and silver to satisfy his wife’s lavish hobbies.
Until one day,
he came to me in despair to tell me
that his estate was exhausted.
I comforted him a lot,
I promised to create conditions
to help him trade again.
He promised to be determined to follow my good advice.
But this was forever impossible.
A few days later,
during an argument with his wife,
he had a heart attack
and never woke up again.
– How about the wife?
Rodan asked curiously.
– After his funeral,
the wife regretted so much
that she threw herself into the Euphrates.
So the debt he borrowed
from me was never paid back.
Through this story,
I have learned from an experience
that promises made in the midst of human turmoil
and emotion are often unbelievable.
If you rely on that promise,
it is really not safe for the capital spent.
Mathon pointed to a beautifully carved bovine bone ring
– And here is another story.
This ring belongs to a rancher,
I often buy rugs woven by his wife.
A few years ago,
their farm was destroyed by locusts
and destroyed their crops.
I lent him money to buy new food
When the next crop came,
he immediately paid me all the capital and interest.
After a while,
the owner of the farm came to me again
and told the story of a visitor
from afar who said that in his hometown,
there were very strange goats
They have very long and soft fur.
He very much wanted such feathers to weave carpets.
He expressed his intention to buy the goats,
but did not have the money,
so he came to ask me for a loan.
This project is very good,
so I am willing to help him.
A year later,
I was surprised to see the riches of Babylon
spreading beautiful carpets.
It can be said that there has never been
such a beautiful carpet in Babylon
I later learned that the rugs were woven
by the wife of the other farmer.
In a few days,
he will come to pay me
and get this ring back.
“Are there many borrowers who can do that,
Rodan asked again.
– If they borrow for the purpose of working for money,
it can still happen and the loan amount guarantees
they will pay back.
But if they borrow money
because of a difficult,
I advise you to be very careful.
Because in these cases,
it is very likely
that they do not have the money to repay you.
– Mr. Mathon!
Please tell me clearly about this case. ‘
holding up a gold bracelet
with beautiful gems inlaid with it.
– The owner of this bracelet used to be a friend of mine. ‘
said Mathon wittily.
“She’s pretty chubby and talkative,
which makes me go crazy for her sometimes.”
– Some time ago,
she owned quite a lot of property
and was a good client of mine.
She had a son and always wanted him
to become a rich merchant.
she came to me
and borrowed some gold to give her son a capital
to do business with a caravan owner.
They often carry goods from one place to another to sell.
the owner of this caravan is a guy
who specializes in defrauding other people’s money.
he secretly took all the money,
shared property of the two,
and left, leaving the poor young man,
who was sleeping,
to be alone in a foreign country
with an empty bag.
with the help of a group of kind merchants,
he was able to return home.
I may have to wait
until he has enough money to get the loan.
Now I can only keep this jewelry as evidence.
– Did she consult you about the use of that loan?
– Absolutely not,
on the contrary
She always bragged to everyone
that her son would later become a rich
and powerful merchant in Babylon.
I used wise words to analyze for her to understand,
but was scolded by her once.
I also know that lending money to inexperienced young men
is very risky.
But since she brought this for security,
I couldn’t refuse.
At the same time,
I also want to help these guys,
as long as they have the will
and determination to work,
just like me when I was young,
I developed my career
by borrowing money like that.
This one belongs to Nebatur,
the camel dealer in Babylon. ‘
picking up a knotted piece of rope.
– When he wanted to borrow money
from me to buy a camel,
he brought this knot as evidence.
I am willing to lend him money.
Nebatur is a shrewd merchant
and I have great confidence in his clever,
clever calculation ability.
I also trust the other merchants in Babylon,
because they are very reputable.
Their loan proofs come and go regularly,
not sitting in this box.
Good merchants are the best earners
and hoarders of our kingdom.
I am always willing to help to make their trade
and business smooth and bring prosperity to Babylon.
Mathon took out a turquoise bug-shaped object
and threw it on the floor
with his hand,
– This is a bug that originated in Egypt.
Its owner doesn’t care about paying me back
and I probably won’t get it back
for the rest of my life.
I went to collect the debt many times,
but he replied nonchalantly:
“I really don’t have a dime left.
To repay you,
my life is very miserable right now.
if I don’t get the money I owe you,
your assets won’t decrease at all.
You still have a lot of gold out there!”.
What can I do with him?
Even his gentle father destroyed all his inheritance
because of him.
He mortgaged all his land
and livestock to finance his son’s business.
In the beginning,
he was quite successful.
because he wanted to get rich quickly,
he did not hesitate to participate in reckless investments,
did not research carefully,
so he went bankrupt.
TS is still very ambitious and often hasty
and impatient in realizing his promising visions.
They do not think that their talent
and strength are still limited,
and do not even pay attention to the correct advice
of their predecessors.
Only when the job is broken,
they bitterly realize the valuable lessons for themselves.
It is worth mentioning here
that each time they fail,
they take on an additional debt.
And instead of trying to change their lives for the better,
they fall into poverty,
even losing all their self-esteem,
confidence and will to strive.
this bug is probably right forever in my chest.
“You have told me many interesting stories,
– Rodan said. – Now,
do you think
I should lend my brother-in-law fifty gold coins?
You also know,
this amount is very large for my monthly income.
– Your sister is a brave,
that I respect a lot.
So if her husband asked for a loan,
I would ask him how he would use the money?
If Araman replied
that he wanted to become a successful businessman,
so that his family,
wife and children could live happily and richly,
I would continue to ask:
“Do you know how to do business?
Do you know where to buy at the lowest price
and sell at the highest price?”.
So in your opinion,
can he answer “yes” to these questions?
– No! He can’t do those things.
– Rodan admits that Araman can only help me
with the work in the spearsmithing shop.
– Then you can say that,
even though his aim is very noble,
with such ability he cannot become a merchant yet.
Before becoming a merchant,
Araman needed to learn and master the trade.
And in the process of learning and experimenting,
he should not risk that large amount of money.
though much appreciated,
could not be loaned to him.
But if Brother Araman replied,
“Yes! I worked a lot with merchants.
I already know how to go to Smyrna
to buy rugs at very low prices,
woven by housewives.
Then I sold them to the rich in Babylon at a higher price
to make a profit.”
Then I would say:
“Your ambition makes me very proud,
and with that wisdom
I believe you will succeed.
I will kindly lend you fifty gold coins
if you assure me
that you will be able to repay me
as soon as possible.”
But if he says,
“I have nothing to guarantee,
other than that I am a decent person
and promise to repay you in full as soon as possible.”
Then I will reply:
“I appreciate every penny and my gold.
while you were going to Smyrna,
the robbers took your gold,
or when you returned,
they took it all away,
what would you do to repay me?
If you don’t have the money to repay,
have I lost it completely?”
You see, Rodan!
Gold is the commodity of moneylenders.
It is very easy to lend,
but if it is not wise to lend,
it is very difficult to get it back.
For experienced lenders,
they never take risks in their work,
but on the contrary they always find some way
to force borrowers to repay on time.
– Yes! Mathon continued.
– Helping people who are in difficulty,
in need or are starting a career is essential.
But you must know how to help them wisely.
Otherwise, you will be like the donkey in the story
I just told,
only having to bear the burdens of others.
Rodan, take my advice:
“Keep those fifty gold coins.
Since it is a legitimate reward for his hard work,
no one has the right to force him
to share it with others,
unless it is his will.
If you want to lend
that money to earn more gold,
then do it very carefully and spread it out.
I do not want to leave gold lying in my pocket,
I am also very afraid of encountering risks
Rodan thought silently about what Mathon had just said,
when suddenly Mathon asked:
-How many years have you been doing spearsmithing?
– It’s been three years. Rodan replied.
– In those three years,
how much did you save aside from the king’s bounty?
– Three gold coins.
– You work so hard every year
that you only get one gold coin?
– That’s right.
– So, if you save fifty gold coins,
it takes you fifty years of hard work?
– A whole life of work!
“Do you allow your sister to risk money
you might have saved up during fifty years of hard work
by the copper furnace,
just to give her husband the experience
of being a businessman?” family?
– That can’t be! Rodan exclaimed.
– Then, you should go
to your sister and say:
“In three years,
I worked hard,
so I have three gold coins left over.
You are my only relative
and I also hope
that your husband has the opportunity to become rich.
If Araman can show me
and my close friend Mathon
that his business plan is working,
I’d be happy to lend my brother-in-law all of my savings
for three years. via”.
By doing so,
I mean that if Mr. Araman is indeed capable of doing business,
he still has some capital to execute.
And if Mr. Araman fails,
the amount he owes will not exceed his ability to pay.
I am the owner of a lot of gold.
And I use that gold to help other people do business.
This not only allows them to become rich,
but through which
I can earn more gold for myself.
But I don’t want to take the risk in this job.
I had to work hard,
and accumulate for a long time to get that gold.
I will not lend money to anyone
if I do not trust that person’s ability to repay.
In addition, I also do not want to lend,
if the amount of interest is not paid quickly when due.
Through the stories
I have just told,
you can understand that many people often want
to borrow money
but few are able to repay.
Some people think
that they will have a successful business
if they have gold in hand,
but in fact they fail.
That’s because they didn’t appreciate
their abilities properly.
Mr. Rodan! Now,
he was lucky enough to own fifty gold coins.
To maintain his wealth,
he should find a way to make that gold profitable.
The best way is to become a gold lender,
And if you know how to keep your possessions safe and secure,
then I can guarantee that your life
from here on out will always be full and prosperous.
If you plan to do a certain job,
you should boldly cooperate with people
who have a lot of experience,
wisdom and reputation in the field in which
you intend to enter.
Thanks to them,
on the one hand,
he can learn
and gain a lot of experience,
on the other hand,
his assets are not only safe but also profitable.
The king’s gift will probably bring him many good opportunities.
if he wanted to keep those fifty gold coins,
he had to be discreet and careful.
Because, in my experience,
many people will come to you
with bad intentions.
He had to make sure
that when he took a gold coin out of his pocket,
it would definitely return to his pocket on time.
If you need more advice,
come back here.
I would be happy to help you in all your work.
“It is better to have a small precaution
than to suffer a great regret later on.”
You should remember this saying by heart.
it is also my secret to success.
Rodan thanked Mathon
for his thoughtful advice and left.
Unlike when he came here,
now not only his mind
but also his whole life seems to have turned to a new,
much brighter page.