World Thrift Day

World Thrift Day

Established on 31^st October 1924 by the World Savings and Retail Banking Institute (WSBI) founding fathers as the ‘World Thrift Day’, the World Savings Day has been marked ever since.

World Thrift Day is celebrated every year on 31^st October worldwide to promote savings and financial security of individual and nation as a whole. 

World thrift day was established to inform people all around the world about the idea of saving their money in a bank rather than keeping it under their mattress or at home.

In India due to death of late Prime Minister Indira Gandhi on the same day in 1984, this day is being celebrated on 30^th October.

World Thrift Day 2023

This year, as in the past, WSBI launched an awareness raising campaign, much in harmony with similar actions conducted by saving banks across the world. This kind of awareness raising campaigns and the subsequent increase in savings are especially meaningful to build “resilient” generations which is something that we all need regardless of where we live in this world. We believe that individual savings makes the society advance, as it is a collective movement.

Encouraging the young generation to plan their finances will not only give them freedom and security, two things that are vital for them, but also it will help build a strong society aware of the importance of savings.

The central message of the campaign is to "Conquer your Tomorrow" through savings! 

Source : www.wsbi-esbg.org