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 What Is a 1031 Exchange? A look at 1031 Exchanges, a real estate investment strategy that may allow you to defer your capital gains taxes. A Living Trust Primer Living trusts are popular, but their appropriateness will depend upon your individual needs and objectives. How Financial Professionals Are Compensated Read this overview to learn how financial advisors are compensated.