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 Leveraging Whole Life to Pass on Wealth Using whole life to transfer wealth when it comes to paying estate taxes Split Annuity Strategy Here's one strategy that combines two different annuities to generate income and rebuild principal. Thanks Mom It turns out Mom really did know best when she laid down essential truths to live by.