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Youngsters on Spending Pocket Money..
Research Objectives
•To study the spending pattern of three
age groups of students i.e. segment wise
spending habits of the students.
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
Source of Data – Primary
Sample Size – 100
Data Collection – Questionnaire distributed
college campuses and tuitions.
Under which age group do you fall ?
How frequently you receive pocket money?
42%
22%
36%
1000-2000
2000-3000
3000-4000
How much pocket money do you
receive? (Monthly Cal.)
0
5
10
15
20
25
30
35
ENTERTAINMENT TRAVELLING FOOD ENT & TRA ENT & FOOD TRA & FOOD ETF
19 19
32
2
10
11
7
Where do you spend your money “a lot”?
Do you keep a track on your spending?
Do you ask for extra pocket money?
How do you feel after spending your money on
something. Are you satisfied?
Do you get an opportunity to donate your money to
NGO or other helping
organisations?
Do you get to save your money?
Conclusions/Outcomes
•Youngsters somewhat keep track on spending
•Spend a lot on food
•Youth has now turned money minded
•Some save for future
•Haven't started giving back to society
Suggestions
•Youth should think rationally before spending
•Awareness about savings & investment
avenues
•Teach Teenagers About Saving Money
•Encourage them to get a job
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
Money is a drug..
You must have it
Youngsters' Spending Patterns and Pocket Money Habits

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Youngsters' Spending Patterns and Pocket Money Habits

Editor's Notes

  1. Research conducted in in Mumbai studying. 3 groups of students were studied (school, junior college, graduates)
  2. the findings may differ with higher sample size
  3. (School, Junior College & Graduates)
  4. B’day, valentines day 33% will include youngsters who support their family I should save money for my future.
  5. 3) 51% deposit in bank 5) Because they don’t earn
  6. 3) it is suggested that the habit of savings and investment should be imbibed from the very beginning of educational journey