National Savings Day

National Savings Day is observed every year on October 12 and is dedicated to everyone who values saving and wants to build better financial habits. This is the perfect day to review your collections, check your savings goals, and find new ways to manage your money. The holiday was established in 2017 by Capital One to encourage people to improve their relationship with money.

History

National Savings Day was founded in 2017 by Capital One and was quickly added to the National Day Calendar. The day aims to inspire people to take a fresh look at their finances and to recognize the benefits of saving—both large and small.

Interesting Facts

• Modern technology and falling unemployment helped fuel a stock market boom in the 1990s.
• The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010, provided consumers with stronger rights against large Wall Street firms.
• In 2017, a major tax reform bill cut income tax rates, doubled standard deductions, and eliminated personal exemptions in the U.S.

How to Take Part

On National Savings Day, consider reviewing your credit report for any inaccuracies—every year you’re entitled to a free credit report from the three major credit bureaus: TransUnion, Equifax, and Experian. You can also sign up for a free debt consultation, which can help you manage your budget, negotiate with creditors, or prepare for important financial goals like buying a home. On this day, you can also enjoy non-monetary rewards by attending free community events, concerts, or theater performances.

When is National Savings Day in 2025?

National Savings Day is observed on October 12 each year.

Observations