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 2016 Tax Data You Should Know Like it or not, taxes are part of life. Understanding them could help your tax-saving strategy. What Do Your Taxes Pay For? Here's a breakdown of how the federal government spends your tax money. The Importance of Business Valuation You know your company inside and out. But do you know how much it’s actually worth on the open market?