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 When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Do You Know the Whole Life Story? Change comes at us from every angle as people update and upgrade everything from their diets to their devices, seemingly every day. Take the Stage: Starting Out Start planning for their financial futures by following a few helpful guidelines.