These days, many countries are discovering that average savings amount of their people are getting lower each year. This means that once people get their salaries, they tend to splurge until none is left. This can be potentially risky especially during emergencies. With only minimal savings, there will not be enough to spend for untimely events. Financial institutions should instil into society the habit of saving and investing money. Banks are offering deposit accounts where people can keep their savings secured and unspent. Furthermore, people earn interest with money deposited in banks. Additionally, other financial institutions such as insurance providers also offer investment options in addition to the usual insurance policy. In the end, your saving or investing habits are all about personal discipline and control. For everything else, financial institutions are there to assist you.