Are you saving money? If not, then this is an article you must read. The importance of saving cannot be emphasized enough and even if you start saving $5 per day, its something that can make the difference between a comfortable retirement and a life of struggle when your earning years are over. No one wants to work when they are old and meant to be retired, but the reality that many people face all over the world is that they will have to work well past retirement age - just to survive. The global financial crises wiped out many retirement funds and those who though they had enough saved up are now being left short and with governments just as broke you are the only one that can help yourself.

So, why start saving now? Well, the first and most important reason to develop a habit of saving is because it allows your money to work for you. By getting interest on your money, it grows and with the principle of compounding it keeps growing faster and faster. Knowing that your money is growing even when you don;t work can give you a sense of security and a sense of confidence in your future.

its estimated that we all need at least 3 months of monthly expenses saved up in cash. This means that even if you lose your job or even if some disaster strikes, then at least you will have enough tome to find your feet again without risking losing your home or losing any of your possessions.

Let's face it. We don't know what tomorrow may bring but what we do know is that we are going to face ups and downs. being prepared financially is important and having a robust savings plan is a very important aspect of it. Many of your daily expenses are just bad habits - habits that you can easily do without and funnel into your savings account. So, why not sit down and see where you can get some extra money to help grow your nest egg and secure your future.