In today’s complicated world cost of living is extraordinarily high. We need to be organized for all our expense; everyone should make practice of saving money in different ways. I would like share my own experience with you all; I was employed in a small company and paid good salary. I used to spend all my salary for myself and I won’t save anything out of it, while surfing the net I read an article about the saving and certificate of deposit (CD’s) and how it helps in case of emergency and how it helps to plan our future. And I was impressed a lot and I started a savings-accounts and forced my dad to make a CD (certificate of deposit) and compared a few cd rates too. Once I was out of station with my colleague and my dad was admitted in hospital due to cardiac arrest. My mom called me and told about the situation. I immediately rushed back and took my saving amount and I used for my dad’s medical expense and ha got saved. That time I was very happy for making a savings. Savings are most essential part of financial plan. Make your savings in different ways and use them in case of emergency, education, big purchases.