The document summarizes research on the spending habits of students of different age groups. It collected primary data through questionnaires from 100 students to study their pocket money amounts, spending patterns, and habits. Key findings include that most students receive Rs. 1000-3000 monthly, spend a lot on food, and some save for the future but few donate to organizations. It suggests teaching youth to ration spending and the importance of savings and investment. The research could be improved by increasing samples size and including tobacco/alcohol habits and gender segmentation.
2. Research Objectives
•To study the spending pattern of three
age groups of students i.e. segment wise
spending habits of the students.
3. Limitations
•Only educated group is targeted
•Sample size of 100 is a limitation
•Sample unit and the city can be a limitation as the
spending habit may differ in Metro city, Tier 2
4. Source of Data – Primary
Sample Size – 100
Data Collection – Questionnaire distributed
college campuses and tuitions.
17. Suggestions
•Youth should think rationally before spending
•Awareness about savings & investment
avenues
•Teach Teenagers About Saving Money
•Encourage them to get a job
18. Scope for further research
•Increasing the sample size
•More precise results if Tobacco and alcohol habits had
been included
•Gender-wise segmentation
•Savings habit of adults above 30 years of age is also an
interesting area for study