World Savings Day is celebrated yearly on the 31st of October. The day highlights the importance of saving for the future and the numerous benefits inherent in it. It’s also a day to train young people on financial literacy and sensitize them on saving early for the future.
Saving is vital to making welfare sustainable, and this habit should be cemented from an early age to help people avoid economic hardship and build bright futures for themselves and their families.
There are many reasons why we should save, such as; retirement, education, property purchase, marriage, tourism, etc. It is also good to be prepared for unforeseen circumstances and save, even if you have no plans for the money yet.
Every year, World Savings Day comes with a theme that encapsulates the SPIRIT OF SAVING. These themes prompt more people to engage in the habit of saving. Banks and other financial institutions like Advans Nigeria have come up with several schemes that help people to save more and make meaningful investments.
World Savings Day should remind us of the importance of saving money, and there’s no better time to begin than now if you have been spending on WANTS instead of NEEDS. It is necessary to open a savings account where your money is secure to prevent stories that touch the heart
Advans Nigeria is prepared to celebrate World Savings Day 2022 with activities like Financial Literacy Training for selected Secondary Schools, CSR initiatives in selected locations, and mass awareness in markets and unbanked environments.
If you tend to grow your money while you save, then Advans Nigeria is your best plug as we offer competitive interest rates on all our savings accounts. Advans Nigeria is regulated by the CBN (Central Bank of Nigeria) and deposits are insured by the NDIC (Nigeria Deposit Insurance Corporation)
World Savings Day was established on October 31, 1934, during the 1st International Savings Bank Congress