
World Savings Day
It is wise to think about the future and make financial plans. World Savings Day encourages you to make a plan and put aside a few dollars each week.
World Savings Day was established in 1934 in Milan (Italy) during the First International Savings Bank Congress, where representatives from 29 countries met. Its original purpose was to promote thriftiness around the globe. The original name of World Savings Day was actually World Thrift Day.
The idea for World Savings Day was born just after the Great Depression had a devastating impact on all economies around the world. It was created to restore people’s confidence in saving money to help them live a better life. This day is intended to raise awareness and inspire hope for the future by reminding and educating those in financial need.
Different types of promotions have been held in different countries around the world to mark World Savings Day. Austria had a mascot, the “Happy Saver”, who achieved such high brand awareness that there was even a street named for him.
World Savings Day was created to encourage people to visit the bank to transfer money to their savings accounts. It is usually scheduled on a day that banks are open.
Participating in World Savings Day is fun and lucrative! These are some ideas to get involved in World Savings Day.
World Savings Day is a great time to open a savings account. It is possible to start with a very small amount of money, and the balance can grow over time depending on which bank you go to.
It’s possible to open a savings account online with certain banks, even without having to go to the bank. It’s a smart idea to link your savings account with your checking account. This will make it easy to make regular transfers that help grow and build your savings.
Financial security is a wonderful gift that can be passed on to the next generation. It’s a great investment in your future if you encourage your children to start a savings account early. It helps them save money for the future. But the best investment is that they are learning to be more thrifty and to save.
Many banks offer special programs for children that allow them to open savings accounts without fees and with a low limit. Check out your local bank to learn more about the many ways that children can get started with World Savings Day.