Published Paper Details:

The study aims to understand the saving and spending habits of youth in the Jalgaon District of Maharashtra State. By studying their substantial population, purchasing power, leisure time, and exposure to abundant information through technology, youth have a significant influence. The objective of this study is to investigate the factors that impact the saving and spending habits of youth, specifically focusing on the extent of peer influence, parental and family influence, and financial literacy. A survey design was adopted, involving the collection of data through a structured questionnaire administered to conveniently selected youth. Descriptive analysis and correlation results were conducted to determine the relationship between peer influence, parental influence, financial literacy, and the saving and spending habits of youth. The study has significance in the area of financial literacy, economic impact, financial inclusion and long term financial well-being. Researcher has made study with the 100 respondents (Youth) of Jalgaon District. The findings indicate a significant correlation between these factors and the financial behaviors of youth.