Saving is storing money for the future or for an emergency. Saving can help us to invest in a business, purchase a big-ticket item (car, home, vacation), or simply be prepared for an emergency.
With every paycheck, we should save a portion of our income. It is suggested that you save at least 10% of your income per month. If you can’t start with 10%, its ok. Start off small. Check out the information below on saving and strategies to save below.