A Study on Personal Finance Management Practices among Youngsters with Special Reference to Ernakulam District

Personal finance management is one of the problems faced by the present youth. The aim of this study is to know how young individuals manage their personal finances, to examine their financial behaviors, the challenges and strategies faced by them. In this digital era, the demand for financial literacy is growing, so it essential to understand how young people manage their money. The research explores into their methods of budgeting, saving, investing, and debt management. Also assessing the impact of digital tools and resources on their financial choices. Through surveys and interviews, the study focusses on providing insights into current financial management practices and identify various opportunities for enhancing and promoting healthier financial habits among the youth.