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 A Look at Diversification Diversification is an investment principle designed to manage risk, but it can't prevent against a loss. What Is My Current Cash Flow? Assess whether you are running “in the black” or “in the red” each month. Social Security: Maximizing Benefits There are other ways to maximize Social Security benefits, in addition to waiting to claim them.