Having been burned by computer glitches and software hangs over the years I've developed a behavior of creating a Save As trail of versions of files I'm working on. So for every song I start with something like "Song Name" PL15E rev1a. 20 mins or whatever series of changes later I use Save As and continue the work in rev1b, and so forth.
I'm happy to trash 20 Save As versions when I am further along. It's easy to trash. It's not easy to reconstruct or re-perform stuff, or remember the creative ideas, if saving in only one file and it gets messed for some reason.
I happen to append PL15E to note what version of Sonar I'm using while working on the piece. As time goes on it's been useful for me to know which exact version of Sonar I was in when returning to the file at a later date or for rework.
15 is this year, E is Everett at the brief moment...