Financial Literacy & It’s Correlation With Saving And Investment Patterns Among Youth In Mumbai.

Author(s)	Ms. Priya Chinkate, Ms. Amruta Muchhala
Country	India
Abstract	This study, titled “ Financial Literacy and its correlation with saving and investment patterns among youth in Mumbai.” This explores how well young people understand financial concepts and how thus understanding shapes their real life money decisions. The research is based on primary data collected through a Google form survey from 111 young respondents across Mumbai, including college students and working individuals aged between 18 and 30 years. The question focused on areas such as saving habits, budgeting behaviour, and awareness of different investment options. In addition, secondary information from journals, financial articles, and government reports helped strengthen the study. The results show that while most respondents believe saving is important, many still lack proper knowledge of investment tools such as SIPs, mutual funds and shares. The findings clearly shows that those with higher financial literacy tend to save more consistently and make smarter investments decisions. The study highlights the need for stronger financial education to help youth build secure and confident financial futures.
Keywords	Financial literacy, Youth In Mumbai , Saving & Investment Decisions, Personal Finance.
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-25
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.65942

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