“World Savings Day is celebrated on 31 October. Established in 1924, its main objective remains as relevant more than a century later: to promote saving as a means of achieving financial security and independence. (...)

For younger people, starting to save early is the most effective way to prepare for retirement: time allows even small amounts to grow thanks to compound interest. For everyone, savings provide a safety net during periods of greater uncertainty. But this requires knowing where and how to invest money, and this is where financial literacy becomes essential.”

Read the full article by Filipa Mota, Professor at Católica Porto SBE, here (available in Portuguese), or in the print edition of Jornal de Negócios dated 30 October 2026.