good idea mate. in our country too people follow the same kind of saving techniques. They keep there money in form of provident fund, insurance, and what now. its like a culture here to buy or build houses and then give it on rent. 
they want to save from everything they can. but then it really does helps in emergency. 
Its a great idea of an author of the books that i have read, but i can't remember what he is name? but that article was steal my sympathy because its so very helpful to the people. they want to save from everything they can. but then it really does helps in emergency.