The Richest Man in Babylon In good times and bad, consistently saving a percentage of your income is a sound financial practice. Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Content To Buy or Not to Buy The decision whether to buy or rent a home may have long-term implications. The Financial Literacy Crisis Many Americans are operating their personal finances with only the barest minimum of knowledge. Managing Your Lifestyle Using smart management to get more of what you want and free up assets to invest.