Impact of Digital Payment Usage, Budgeting Discipline, and Financial Goal Setting on Personal Savings Behavior of MBA Students
Abstract: The rapid incorporation of digital payment platforms has changed how consumers manage their finances, especially among tech-savvy MBA students. The purpose of this study is to investigate the combined impact of the use of a digital payment platform, budgeting discipline, and setting financial goals on the personal savings behaviors of students in an MBA program. Using a quantitative, cross-sectional research design, primary data were collected from 102 respondents, through a structured questionnaire that captured behaviors across three key financial behaviors. Reliability tests indicated high internal consistency (Cronbach?s ? = 0.860) supporting use of the instrument with students. Correlations indicated that digital payment convenience is conducive to tracking expenses, budgeting discipline helps mitigate overspending, and with respect to consistent saving behavior, financial goal setting was the strongest predictor of the three behaviors measured. Factor analysis (KMO = 0.715, p
Keywords: Digital Payment Usage, Budgeting Discipline, Financial Goal Setting, Personal Savings
How to Cite?: Pranesh P, Raj Navin, "Impact of Digital Payment Usage, Budgeting Discipline, and Financial Goal Setting on Personal Savings Behavior of MBA Students", Volume 14 Issue 12, December 2025, International Journal of Science and Research (IJSR), Pages: 513-522, https://www.ijsr.net/getabstract.php?paperid=SR251206214336, DOI: https://dx.doi.org/10.21275/SR251206214336