Why do we save? We save because we can’t predict the future no matter how hard we try. Saving money can help you become more financially secure and provide a safety net in case of an emergency. Here are a few reasons why we save: retirement, emergency cushioning, education for children, and home buying. It is important to develop a household budget so you can develop a savings strategy and plan. Did you know 21% of Americans do not set any money aside for emergencies? It may be a good time to start looking at how we are developing our savings strategy. Who could have predicted the effects of a global pandemic like Covid-19?