--An Article by Poojan Patel
Welcome to World Thrift Day, where we celebrate the art of saving money and spending wisely! World Thrift Day, observed every October 30th, stands as a global initiative aimed at fostering a culture of prudent financial management and encouraging individuals worldwide to prioritize the importance of saving money. This annual celebration, now observed in over 177 countries, was first introduced in 1924 by the World Savings Banks Institute (WSBI), an international association dedicated to promoting financial well-being. Why is Saving Money Important? Saving money is like buying insurance for your future—without the pesky premiums. The significance of saving money cannot be overstated, as it serves as a fundamental pillar for financial stability and security. Saving money enables individuals to achieve various financial goal