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[ad_1] Published By : Nibandh Vinod Last Updated: October 30, 2023, 07:00 IST World Thrift Day, celebrated on October 31. (Image: Shutterstock) World Thrift Day aims to teach people the importance of depositing their money in banks so that it can be accessed during times of need. World Thrift Day, celebrated on October 31st, is a day dedicated to highlighting the value of saving money and fostering a culture of being economical. While it might not be as widely recognised as some other global observances, its importance lies in encouraging financial responsibility and thriftiness. In this current era, saving money is extremely important. The primary aim of this day is to emphasise on the significance of saving money and achieving financial security. It was established to teach people the importance of depositing their money in banks so that it can be accessed during times of need. Money is power. Despite the spiritual and humanistic criticisms of material wealth, when handled wise