Spending & Saving Habits of College Students in Delhi

A student must consider the importance of the relationship between expenditure and savings for better financial management. This Research Paper focuses on the changing trend of transactions where the maximum numbers of students avoid paying through cash and use other modes such as debit cards, credit cards, and e-wallets where actual physical money is not exchanged; this psychologically suppresses the sense of loss (expenditure) in our brain and resulting in increased expenditure.