A Study on Saving Habits Among College Students With Special Reference in Coimbatore City
Year: 2026
Type: article
Study design: Observational Study
Abstract: Saving is an important financial habit that supports financial security, disciplined spending and preparation for future needs. College life is a significant stage in which students begin to make independent financial decisions and develop money-management practices. This study examines saving habits among college students, focusing on sources of money, saving frequency and amount, saving methods, budgeting, family influence, financial awareness, digital payment use and barriers to saving. A descriptive research design is used for the present analysis. Primary data comprise 50 submitted responses collected through a structured Google Form questionnaire. The data are analysed using frequency and percentage analysis, response-frequency ranking, weighted mean scores for selected ordered responses, and a chi-square test of association between saving regularity and budgeting regularity. The leading responses show that 44% reported always having a saving habit, 41.7% of valid responses reported saving every week, and 34% identified future needs as their main saving purpose. Unnecessary spending was the most frequently selected barrier (40%), while parents were the most frequently selected influence (57.1% of valid responses). A chi-square test with continuity correction indicates an association between the recoded saving and budgeting categories in this sample (χ² = 5.751, df = 1, p = 0.0165). The results describe the 50 responses analysed and should not be generalised to all college students without a representative sampling design
Author: Dr.K.Baby Saranya, Jasmine J
Language: English
Subfield: Finance
Domain: Social Sciences
SDG: Quality education
Open Access status: green
OpenAlex ID: W7225562891