Saving Perceptions and Practices of College Students of MSEUF-LC

Completed2015

Abstract

Savings plays an important role in the economic growth of the country, as this can be a source of capital for investors and entrepreneurs. This research is aimed to determine the savings perceptions of students of MSEUF-LC, including their financial practices (i.e. spending practices). Results revealed that students have poor saving practices. Many of the respondents have informal method of saving. No significant relationship was established between student's saving perception and amount they save.

Keywords

saving perception
savings
investment
financial behavior
income
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