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 Risk Perspective Is it possible to avoid loss? Not entirely, but you can attempt to manage risk. Financial Hacks for Millennials: 5 Ways to Manage Finances De-stress money management in your household with a systematic approach. What Is a 1035 Exchange? 1035 exchanges provide a way to trade-in an annuity contract or life insurance policy without triggering a tax liability.