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 Is Term Life Insurance for You? Term insurance is the simplest form of life insurance. Here's how it works. Your Changing Definition of Risk in Retirement A change in your mindset during retirement may drive changes to your portfolio. The Average American Budget Learn about the average American budget in this fun and interactive piece.