How important to inculcate the habit of saving money at early age??

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Adversity is the best friend. It teaches a person how to remain tough through thick and thin. People only realise the importance of saving once they come closer to adversity or face it. Saving as a habit should be inculcated at the early age. It should be taught as equivalent as alphabet.savings help a person during the adversity and teaches a person to remain happy during tough times. But how many people realise this???? How important is to inculcate the hobby of saving money at early age???