October 31 is World Savings Day – an event designed to boost awareness of the importance of saving, not just for our own financial health, but for the global economy.
World Savings Day was established in 1924, during the 1st International Savings Bank Congress in Milan, with the aim of informing people across the globe about the benefits of keeping money in a bank, rather than under their mattress.
Over the years, its profile has grown, and today, with most people in the developed world having a bank account, the focus is firmly on developing nations.
However, it’s the perfect opportunity to take a look at your own savings habits and see if there is anything you can do to boost your nest egg.
Here are a few ideas it might be worth trying to mark the occasion.