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 Financial Hacks for Millennials: Don’t Get Burnt With FIRE Financial Independence, Retire Early (FIRE), also known as radical savings, encourages aggressive saving to retire by age 40. Five Most Overlooked Tax Deductions Five overlooked tax deductions to help manage your tax bill. How Income Taxes Work A quick look at how federal income taxes work.