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Research Paper | Finance | India | Volume 6 Issue 6, June 2017 | Popularity: 6.8 / 10
Savings and Investment Pattern of Teachers Working in Arts and Science Colleges in Coimbatore District
M. Yasodha, Dr. G. Ravindran
Abstract: In modern world money is essential for everyone. For running smooth and peaceful life everyone should earn money, India is one of the fastest growing economy with a higher GDP. To reach top position proper fund management is the need of the hour for accelerating further economic development. This can be done through proper savings and investment. Saved money should be invested in proper investment avenues. Savings and investments at the gross root level channelize not only benefit single person but also benefits to the whole economy. Objective of the study is to know the savings and investment pattern of teachers working in arts and science colleges of Coimbatore district. Data was collected by distributing structured questionnaire to 748 college teachers. The research shows that majority of respondents are saving money, resorting to traditional investment method, they believe that it will be safer side for meeting their future needs and requirements.
Keywords: Money, Savings, Fund Management, Investment avenues, College teachers
Edition: Volume 6 Issue 6, June 2017
Pages: 1975 - 1979