A Study on the Awareness of Personal Financial Planning Among Pharma Students in Chennai City”

摘要

An Individual’s proper personal financial planning adds value to the growth and safety of an economy. But majority of the individual thinks of their financial goals and plans only after attaining the age of 30 wherein their target objectives require high investment. Inculcating the importance of Personal financial planning among the pharmaceutical students as they are in their earlier age is the need of the hour. This study deals with the financial planning of pharmaceutical college students and it gives a portrait of Student’s behaviours and inclination towards their financial planning. This study examines how students view the significance of saving, effective spending, and budgeting; it also examines the opinion on how well their tasks are executed. This study helps to understand the future economical and financial health of our country through the mirrors of students who are tomorrow’s potential consumers. The key findings of this study narrates that the pharmaceutical students population is more pessimistic on managing their expenses with respect to their financial inputs. The key route to know about the financial status of any person is by maintaining proper records and through this study it is inferred that majority of students are very much concerned about maintaining their financial records. In the further study 86% of the students check their financial status monthly which illustrates their regular interest towards knowing the financial position.