A Study on Saving Habits of Post Graduate Students in Visakhapatnam City

Every one of us works hard and smart to earn more money to improve our financial position but if the finances are not managed well, the money can leave us easily. So, it is important that the finances are managed well. Saving is one of the most crucial way of managing the finances. Unfortunately, savings is not so profound among the students. The students lack managing their financial management skills. This paper is sought to understand the saving habits among MBA students of Visakhapatnam District. It was found that the savings into various financial schemes by MBA students is below average. There should be some awareness program conducted for the students to learn saving to secure their future wealth.