“When I lost my job three years ago, my wife and I used that as an opportunity to start the businesses we’d been dreaming about, rather than scrambling to find another paycheck as quickly as possible,” Becker says. “We could only make that decision because of the years we’d spent building our sav...

Part of the importance of saving money is to build cash reserves so you can take calculated risks with less worry. If you don’t have any savings, it may be harder to pursue certain passions. Take starting a business, for example. To be a small business owner, you’ll need ...

Saving money takes discipline. And a certain amount of sacrifice.

The importance of saving money is rarely disputed. Saving is one of the most basic bits of financial advice out there. Despite the importance of saving money, many of us aren’t following through on that tip. When it ...

If you need help understanding the importance of saving money, consider these key reasons why you should save money now:

1. Saving can give you freedom

It can be tough to allocate some of your cash to a savings account if you don’t have a set goal for that money. Why s...