The World Savings Day is celebrated to apprise people all around the world about the idea of saving their money in a bank rather than keeping it under their mattress.
The day, October 31 was declared as World Savings Day at the end of the first International Savings Bank Congress in 1924 in Milan, Italy. The World Savings Day is usually held on October 31 except in countries where this day is a public holiday, since the idea is for the banks to be open, so that the people are able to transfer their savings into their account. Savings are important in the global economy and every depositor contributes to its development.
Have a look at what some great personalities have said about savings:
“Too many people spend money they haven’t earned, to buy things they don’t want, to
impress people they don’t like.”
– Will Smith, American actor
“The way to build your savings is by spending less each month.”
– Suze Orman, American author
“It is never too early to encourage long-term savings.”
– Ron Lewis, Former United States representative
“The safe way to double your money is to fold it over once and put it in your pocket.”
– Kin Hubbard, American journalist
“Influence is like a savings account. The less you use it, the more you’ve got.”
– Andrew Young, American politician
“Put all of your savings on autopilot, and you won’t likely notice the missing cash.”
– Jean Chatzky, American financial journalist
“Savings and investment are indissolubly linked. It is impossible to encourage one and
discourage the other.”
– Murray Rothbard, Political theorist
“Beware of little expenses; a small leak will sink a great ship.”
– Benjamin Franklin, American polymath
“You must gain control over your money or the lack of it will forever control you.”
– Dave Ramsey, American businessperson
“A man who both spends and saves money is the happiest man, because he has both
enjoyments.”
– Samuel Johnson, English writer
