Study on Financial Discipline and Spending habits among youth with special Reference to College going students in Ernakulam District, Kerala.
LAGHEESH V.M
, Dr.SUDHEENDRA BHATT
Key words: Financial discipline, spending habit, nation building, mobilising, credit cards.
Spending and saving are two sides of one coin. Savings and expenditure are tied to one another. Human desires are limitless. When one desire is satisfied, another desire emerges. Early on, people spent more money on frivolous stuff thanthe required supplies. For young people, the transition from childhood to adulthood can be challenging people . Young people must overcome obstacles and step up to leaving their parentsstarting a family and entering the working world from home. However, for studentPeople today have an even greater task because they must complete all ofthese in the midst of an economic downturn.The students being discussed here are undergraduate and graduate students. Although people in this age group are still mostly financially dependent on their parents until they are between the ages of 15 and 25, there is a marked difference in how our country's youth behave when it comes to their spending habits. The study's goal is to examine college students' spending and saving behaviours, particularly in Ernakulam. The study's primary drivers are the youth's rising spending habits and diminishing saving habits. This study also reveals a number of variables that affect students' spending and savings.A key to maintaining strong control over personal finances is to spend less than you earn and save for the future. By keeping track of your monthly spending, you may instantly spot any spare cash, which can boost your emergency fund, retirement savings rate, and even your net worth. But in practise, a lot of people struggle to set aside extra money for savings. So we should start the habit of saving and controlling our financial disbursements even from youth.
"Study on Financial Discipline and Spending habits among youth with special Reference to College going students in Ernakulam District, Kerala.", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.7, Issue 12, page no.1184 - 1186, December-2022, Available :https://ijsdr.org/papers/IJSDR2212193.pdf
Volume 7
Issue 12,
December-2022
Pages : 1184 - 1186
Paper Reg. ID: IJSDR_203304
Published Paper Id: IJSDR2212193
Downloads: 000347849
Research Area: Commerce
Country: ALUVA,ERNAKULAM, KERALA, INDIA
ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: IJSDR(IJ Publication) Janvi Wave
