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 Once Upon a Goal Do you know how to set up your financial goals for success? This knight does. Thanks, Mom! When it comes to managing your personal finances, there’s plenty of complex advice out there. But often, simpler is better. Should You Borrow from Your 401(k)? Does it make sense to borrow from my 401(k) to pay off debt or to make a major purchase?