The Savings Motives: With Special Reference to Households in Kalutara District, Sri Lanka

Authors

  • P J Kumarasinghe Senior Lecturer, Department of Business Economics, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura
  • S C Munasinghe Department of Business Economics, Faculty of Management Studies and Commerce, University of Sri Jayewardenepura

DOI:

https://doi.org/10.24203/ajbm.v5i2.4005

Keywords:

Savings Behavior, Savings Motives, Factor Analysis

Abstract

The main purpose of this paper is to examine the most significant savings motive among households in Kalutara District. Data was collected through questionnaires by using hundred respondents. The factor analysis is explored to examine, what is the most significant savings motive among pre-determined savings motives of bequest, precautionary and life cycle.  It has been identified the most significant savings motive of households in Kalutara district is the precautionary savings motive

References

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Published

2017-04-22

How to Cite

Kumarasinghe, P. J., & Munasinghe, S. C. (2017). The Savings Motives: With Special Reference to Households in Kalutara District, Sri Lanka. Asian Journal of Business and Management, 5(2). https://doi.org/10.24203/ajbm.v5i2.4005

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