World Thrift Day is observed on October 31st
World Savings Day
The World Savings Day was established on October 31, 1924, during the 1st International Savings Bank Congress (World Society of Savings Banks) in Milan, Italy. The Italian Professor Filippo Ravizza declared this day the "International Saving Day" on the last day of the congress.
Thrift Day
In the resolutions of the Thrift Congress it was decided that 'World Thrift Day' should be a day devoted to the promotion of savings all over the World. In their efforts to promote thrift the savings banks also worked with the support of the schools, the clergy, as well as cultural, sports, professional, and women's associationsWhat is the theme for World Thrift Day 2020?
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.
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