Saving money remains one of the oldest and smartest route to wealth creation. In the early 90s, saving involved storing in "piggy banks", a safe or under mattresses.
Today, this can hardly pass as forms of saving money given that the human race has evolved and wealth creation has been enhanced such that savings has become an integral part of the modern day financial services industry, and players have managed to create links between savers, the liquidity providers, and users of these savings, the deficit units.
Notwithstanding the medium, the central theme supporting saving has not changed. Saving a portion of what you earn has been proven to be one of the best ways to take charge of your finances in today's global economy faced with uncertainties.
This edition of the Human Angle anchored by Taiwo Adeoti discusses saving for rainy days: why, when and how.