It’s a good idea to save money as it can be useful for a rainy day. We can start by creating a budget and following the 50/30/20 rule - spending no more than 50% on needs, no more than 30% on wants and saving at least 20%. Automating transfers from checking to savings can make it harder to access the money and remind ourselves that a little bit every day/week/month adds up to a lot. For example, if we save $100 per week, that will amount to $52,000 over 10 years. This can help us build our wealth and protect us from emergencies.