68: Great Money Principles from a Great Book with Clifton Corbin

In this episode of *The Teacher Money Show*, Shaun Morgan interviews Clifton Corbin, author of *The Richest Person in Babylon*, a reimagined version of the classic tale The Richest Man in Babylon to explore timeless money principles from his modernized version of the classic financial guide. Clifton shares how he updated the language, characters, and stories to make the book more inclusive and accessible for today’s readers, especially children and young adults while keeping the principles the same for all to enjoy. Explore the show notes at: https://www.teachermoneyshow.com/show68 Become a guest on the show: https://www.teachermoneyshow.com/guest Leave a voicemail question: https://www.speakpipe.com/teachermoneyshow The Richest Person in Babylon (affiliate link): https://amzn.to/40etu1e Main Take Aways - **Paying Yourself First**: We spend considerable time focusing on the main idea from the book, pay yourself first. In other words, setting aside a portion of your income before expenses can ensure consistent wealth-building. - **Investing Wisely**: Then we talk about avoiding "get-rich-quick" schemes and focusing on informed, diversified, and strategic investments. - **Paying Down Debt**: WE had a fun discussion on the "best" way to pay down debt and Clifton emphasizes the value of structured and intentional debt repayment while continuing to save and invest. - **Mentorship & Knowledge Sharing**: Lastly we discuss the value of mentorship and the power of sharing financial lessons with others to uplift communities and empower the next generation. This insightful discussion offers actionable tips to help teachers and anyone striving for financial security apply these timeless lessons in their own lives. 👉 **Don’t forget to subscribe for more financial tips and strategies for teachers!** 🎧 **Listen now and start building wealth today!** #TeacherMoneyShow #RichestPersonInBabylon #FinancialLiteracy #PayYourselfFirst #DebtFreeJourney #InvestingWisely #MentorshipMatters #PersonalFinance