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 Message Thank you! Oops! Related Content A Decision Not Made Is Still a Decision Investors who put off important investment decisions may face potential consequence to their future financial security. Managing Your Lifestyle Using smart management to get more of what you want and free up assets to invest. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn.