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 The Twelve Steps to Living Confidently: Goals A step-by-step plan to become more financially and emotionally confident can make this year awesome. When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. How Insurance Deductibles Work Knowing how insurance deductibles work can help you save money and give you peace of mind.