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 The Five Basics of Financial Literacy How literate are you when it comes to your finances? Brush up with these five basics. The Cost of Procrastination Procrastination can be costly. When you get a late start, it may be difficult to make up for lost time. Is it Too Late to Plan for Retirement? These financial strategies can get you on track even if it feels too late to plan for retirement.