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 Big Little Things: 5 Easy Ways to Protect Your Money Put measures in place to help you replace a portion of your income if the unexpected happens. Paying Tax Later Doesn't Always Mean Paying Less 401(k) savings are taxed as ordinary income when funds are withdrawn. Choosing a Retirement Plan that Fits Your Business To choose a plan, it’s important to ask yourself four key questions.