World Savings Day 31st October

Considering the future and crafting financial plans is a prudent practice. World Savings Day, which encourages setting aside a portion of your income on a regular basis, epitomises this financial wisdom.

The history of World Savings Day was established in 1934 in Milan, Italy, during the First International Savings Bank Congress, where representatives from 29 nations convened, World Savings Day was originally conceived to promote thriftiness worldwide. Interestingly, it was initially known as World Thrift Day!

Emerging in the wake of the Great Depression’s impact on global economies, the concept behind World Savings Day aimed to rekindle people’s confidence in saving money, ultimately striving for an improved quality of life. By raising public awareness and nurturing hope for a brighter financial future, this day serves as a valuable reminder and educational platform for those seeking financial security.

 

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