31/10/2023
World Savings Day
Savings is a prerequisite to investment, like a financial lifeline, even in tough times. There's no limit to saving, as it's a mindset and a rewarding culture that can start with small amounts.
World Savings Day, observed globally on October 31 each year, has its roots in the First International Savings Bank Congress held in Milan, Italy, from October 24 to October 30, 1924. Officially established on October 31, 1924, this day serves as an educational platform, emphasizing the vital role of saving for the future, the value of prudent financial planning, and the preparation for unforeseen financial challenges, including retirement. It facilitates diverse educational campaigns to raise awareness about the imperative need to save for future requirements.
Make this day significant by committing to regular savings, regardless of the circumstances. Consider it a debt to yourself if you ever miss a designated savings day.
We encourage you to set aside a portion of your income today in our Sacco.
~Edward Kinyungu
Intergenerational Partner, Mimi Na Wewe Youth Sacco
