Portugal's Insurance and Pension Funds Supervisory Authority (ASF) marked World Savings Day by having its board members deliver classroom sessions on saving to around 1,000 primary and secondary students across schools in Bombarral, Linda-a-Velha and Lisbon, as part of the Ministry of Education, Science and Innovation’s “Educating for Citizenship: Saving, a Commitment to the Future” initiative. The sessions covered long-term saving and investing, including the importance of not making investment decisions based on short one- to two-year market conditions, the need to understand risks and diversify, and the idea of saving as “paying yourself first”. They also emphasised setting savings goals across life stages including retirement and starting early, choosing savings and investment products suited to individual profiles and objectives, and relying on credible information sources, including caution about financial advice promoted by social media influencers. The initiative was organised by the Ministry with the collaboration of financial supervisors and included financial literacy lessons delivered nationwide by higher-education students and faculty in economics, management, finance and accounting, alongside other contributors including ASF’s board members.

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