Nice information related to saving money. And I really like your way of giving information by video. Will you please post something more related to this?
I did this quick video talking about the need to save money.
I was watching Niall Ferguson's The Ascent of Money, and he talked about the U.S. being call Chimerica... I was floored to think that the U.S. would be controlled by China, because they're in so much debt to them.
There are three types of savings
1) Short Term - Emergency funds
2) Intermediate Term - Savings for more expensives fixes like furnace, car, home repairs etc
3) Long Term Savings - Retirement funds etc.