World Thrift Day is celebrated every year on 31st October worldwide to promote the savings and financial security of individuals and nations as a whole. In India, the day is celebrated annually on October 30. World Thrift Day is a day devoted to the promotion of savings all over the world.
World Thrift Day History
The World Savings Day was established during the 1st International Savings Bank Congress (World Society of Savings Banks) in Milan, Italy on October 30, 1924. 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.
World Thrift Day was said to have been celebrated in Spain as early as 1921.