AN ANALYSIS ON SPENDING AND SAVING PATTERN OF COLLEGE STUDENTS IN IDUKKI DISTRICT

Almost 50 graduates and post-graduates completed a questionnaire on their sources of personal income (pocket money/allowance, part-time job, gifts), as well as how much they had saved, where it was stored, and for what purpose it was intended. Particular attention was paid to bank accounts. The participants also responded to various attitude statements about money and the economic situation in general. Females received more pocket money than males. Over 80% of the children claimed their parents would not give them extra money if they had spent it all.