Why do we celebrate International Workers’ Day? This was a question many of us asked as children. The best answers we probably got hovered around the day being one for workers to rest or one to celebrate the diligence of workers.
Many have walked the path to adulthood without getting to understand the foundation of this day, and still, do not understand it. The history of International Workers’ Day is rich and emotional, dating back to the early 19th century. Though it was initiated to celebrate blue-collar workers, professionals partake in the celebrations. Interestingly, the prevalent work hour length for professionals has its roots in this day.
IN THE BEGINNING: ROBERT OWEN
A charismatic and brilliant entrepreneur of the early 19th Century named Robert Owen, who would later become a critical subject matter in the study of economic and business thought, strove to redefine the working conditions of industrial workers. Ten hours to sixteen hours of labour for six days a week was the norm for workers then. These were the dark industrial days; when workers worked for long hours with little pay and poor savings (there was no Cowrywise then ☹).
Owen, being an influential figure in the British business space, spoke hard against this work anomaly and enjoyed some support. Even the likes of Karl Marx towed the path of his argument on work hours. His motto was, “eight hours labour, eight hours recreation, eight hours rest”. And there began the journey towards the 9 to 5 work style.
Although, it is still argued that there should be a further review of work hours today, from the view of the factory workers then it was a great deal. A great deal that some were willing to die and actually died for.
THE AMERICAN WAVE
Deepening its reach, the eight-hour workday demand spread to other continents such as North America. In America, it sparked a remarkable and historical revolution in the late 19th century, one that climaxed on May 4, 1886.
On Saturday, May 1, 1886, thousands of workers came out to protest long work hours. A protest that would last for three more days. The protest was based on an earlier declaration on October 1884 by the then Federation of Organized Trades and Labour Unions, pronouncing May 1, 1886, as the set date for the start of the eight-hour workday.
The chant on that historic day was simple but firm, “Eight-hour day with no cut in pay”. The protests were characterized by strong and brilliant speeches from the likes of August Spies and Albert Parsons.
As expected, the demonstrators faced strong opposition even from law enforcement agents. This angered some of the leaders pushing them to organize a more massive protest which would later be dubbed the Haymarket Affair. It was staged in Haymarket Square, Chicago.
THE HAYMARKET AFFAIR
May 4, 1886, was the date this protest reached a climax which was a buildup of other massive protests which had been peaceful according to reports. On that day, various speakers took turns speaking to the teeming crowd. As the speeches continued, the police arrived at the scene with the sole aim of dispersing the protesters. Just as Spies and his counterparts stepped down, after trying to effortlessly convince the officers that there was nothing wrong in holding the protest, a bomb was ignited!
The bomb was ignited in the midst of the officers, killing one officer outrightly and leading to a chaotic crossfire between the police officers and the demonstrators — some of them were armed. To this day, there has been no concrete proof on who ignited the bomb; some say the demonstrators did and some argue that it was a police tactic.
Sadly, over 60 casualties were recorded that day with 7 policemen and 4 workers getting killed.
In a bid to hold someone responsible, Spies and six other men were arrested on the grounds that they masterminded the bombing. Despite no strong proof, according to this report, to indict them they were charged guilty of the crime. One of them was sentenced to 15 years in prison while the others were sentenced to death — with two having their sentences converted to life in prison. Spies and 3 others were executed on November 11, 1887.
INTERNATIONAL WORKERS DAY
Their sacrifices, though too great, paid off as various firms and governments in later years adopted the eight-hour workday for workers and professionals. Today, these men are remembered as the Haymarket martyrs. May 1 was adopted by the pan-national organization of socialist and communist political parties in remembrance of the Haymarket affair.
Today, this remembrance event is known as International Workers’ Day and is celebrated across various countries of the world. Though better working conditions, including work hours, still need to be provided, the 9 to 5 journey was a major step.
SUSTAINING PROGRESS
Now you know why this day is considered important by various labour unions across the world. As we celebrate workers globally and work towards a better work system, you can also improve your experience as a professional/worker with this article on how to get a pay raise; or this one on how to keep your money working even after the 9 to 5. Don’t worry monies cannot organize protests :).
Happy Workers’ Day!
How has your experience with Cowrywise been so far? Share your story with us here. We want to celebrate you!

I really want to control my finances. I envisage that I have a great tendency of making money and mismanaging funds. Most times I run out of money before the month ends and I feel terrible about it.
Hi Sonia.
Thanks for your vulnerability.
We provide a lot of financial education guides on our blog that can help you better control your finances.
Take it step by step and you’ll do better in now time!
What about school fees, health , charity and insurance.
school fees, insurance, and health can be placed in that friend’s wedding column as talked about in the article, t its all about understanding the main idea, looking within yourself where does this item fall, it’s about been creative and manageable with your money, i.e how long money stays in our hand using it effectively.
thanks a lot,Ope.really helpful,sometimes we outline the fixed and forget the discretionary ,and wonder how alll the money disappeared .This is very insightful
I look forward to more articles from you guys, random articles on various life topics. I love the active voice you used in writing and that sacarsm part too?
Thank you! We look forward to having you back here too ?
This is really amazing and educating! Keep it up and thank you so much for THIS ARTICLE ?
Our pleasure ?
Hello Ope,
This piece is quite insightful and helpful. Thank you. I Read the part where you advised to not document budget on a book as one can lose the book. Can you recommend an app on playstore one can use?
Yes. I’m seconding this comment. I believe an accounting application can help. I actually document my expenses daily but combining them into a general heading is a big task.
Please help us, Ope.
Hi Glow, I can’t recommend any tool off the top of my head right now, but creating a simple Google sheet or excel file for your budgeting can work.
I have a challenge, am the one catering for the house so most times I run into debts because expenses are higher than income . please how do I work on this.
thanks
Okay, Ope, you got me on with this one! ?
I know I make a lot of money as a full-stack digital marketer, but after some time, I’m broke and I’m wondering how come? As you said, I’m wondering “where did all the money go to?”
Sha, this post is very helpful and I’ve just downloaded this app I want to make use of in listing out the entire process… but quick ??
Which app or tool would you recommend for proper budgeting and evaluation?
Regards,
Sam
Hey Sam, happy to hear you found this helpful! ?
For the tool to help with budgeting, I highly recommend that you get down to do the “dirty work” first by yourself. Create a sheet on Google Sheets or Excel to input and track your spending to give you a raw idea, and then you can use other tools for lighter budgeting work based on the idea you now have from your sheet.
Hi Glow
You can download money manager on playstore, that’s what I use. There are others there too
I spend close to 38,000 only
Hi Sam,
I found it fascinating when I had to keep track of my sister’s account, but tracking my own expenses or developing a personal budget appears to be an impossible feat.
I mean… I don’t have a stable source of income yet so it seems almost hard to do but then after going through your write up I wrote a few ways in which I get money and am hoping I’d be able to get an hang of it soon.
Thanks for the detailed explanation.
Ope rather not Sam, sorry.
Wow! This is great, learnt a lot
Thank you so much for sharing this, Ope.
I have a question though. How can I budget as a student?
Because it seems like I can’t apply the whole concept of budgeting in my life at the moment.
I mean, I am a student, I don’t have a fixed source of income; I receive allowance from my parent and sometimes from relatives. I also do not work and I have no investments.
Sometimes, I feel like financial plans and budgeting is just not for me, even though I’m quite interested in them.
Like when I even receive my allowance, the rate at which the money finishes fast, makes me ask myself, “How?” “Where did all the money go to?” and “What did I spend the money on?”
I want to know how to track my expenses, save effectively and if possible invest and then build a financial plan, even as a student but I don’t know how to go about it neither do I know what to do.
So, if there’s any advice you could give me, please do. I’m very ready to learn.
Also, thank you so much for your financial lessons. I am always happy when I see your blog updates in my email. Thank you!?
This is very insightful and educative. I will make a do with this tips immediately. Thanks immensely Ope.
This is helpful I learnt a lot as a young graduate budget helps in build Future occurrences coming in the future also helps to pridict a lot of plan that u ought to achieve
Thanks Ope for this rich enlightenment.
But I got to ask you a question.
What if you don’t get an income per say but, a kind of allowance that’s not stable that you’ll have to ask before its been given to you. How then do you plan a budget given such instance?
Thanks for this wonderful post of yours.It is more encouraging.
Dear Ope,
Thanks for this insightful write up. I am definitely practicing this starting now. This is just what I needed to hear at this time. Thanks again
Really amazing thanks alot for this
I need withdraw
Thank for this wonderful post of yours. It is more encourage
I need withdraw
This article came in on time. Am guilty of many of the bad money management stated in the article. Not withstanding, it is not too late to start. I will be better equipped for the remaining part of the year and next year as well. Thanks Ope
Alisabiu744@gmail.com
This article came in on time. Am guilty of many of the bad money management stated in the article. Not withstanding, it is not too late to start. I will be better equipped for the remaining part of the year and next year as well. Thanks Ope
Ope thanks for this powerful awareness, pls if the is an app I can use for something like this let me know. I should start taking records this month
Mohammed
How can I do this
Thanks very much Ope. I always enjoy your post they are enlightening.Talking about budgeting how can one who’s money doesn’t come in bulk monthly go about making and achieving his or her budget.
I can control my financial status on my own. Because I really feel to be financially independent, on the basis of personal interest, and growth. Thank you so much.
Hi Ope,
Thanks for the blog,
I am currently working and I don’t earn enough. Also, I have to settle bills at home and help the family.
I find it hard to save, any advice on this?
Thanks for this piece, I really needed it to start my next month.✨
Thank you so much Ope. We shall do this
Cowrywise has really helped me to everyone more and spend less
I wish it will not crash
Thanks so much. This is an eye opener. I always wondered why I’m left with nothing at the end of the week/month/year after making so much money. Please, do cowrywise have a budgeting app that could be helpful.? It’s important