[header] How to persuade someone to save money [title] Discuss the importance of an emergency fund. [step] You should also note the importance of saving for a " rainy day fund ". Remind the person that they may develop a serious health issue or have to pay unexpected expenses like car repair. 
They may then need to stop working for a period of time due to the health issue. Having a " rainy day fund " will ensure they are able to pay their bills even when they cannot work or can be used to cover unexpected costs.