Today marks World Savings Day, a financial literacy initiative which celebrates the benefits of being thrifty.
This year’s focus is on the stabilising role played by savings and retail banking in the overall financial system.
The World Savings Day was first celebrated on October 31, 1924, during the 1st International Savings Bank Congress in Milano, Italy. Italian Professor, Filippo Ravizza declared this day as the “International Saving Day” on the last day of the Congress.
Nigerians are encouraged to imbibe a culture of saving , planning and strategic spending in a bid to better manage their daily expenditure