Copyright © 2025 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

@article{176870,
        author = {Krutika Dignesh Patel and Babali Singh},
        title = {Saving and Investment Pattern of Youth in Mumbai},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {11},
        number = {11},
        pages = {7292-7295},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=176870},
        abstract = {Redirecting savings into investments is crucial for the advancement of a developing economy. The worth of a rupee in the future is inferior to the worth of a rupee today. Investments provide an excellent chance for individuals to gain returns and increase their earnings. Without investments, cash circulation in the economy diminishes, resulting in stagnation. A significant amount of investments promotes economic stability, enhances capital flows, and most importantly, fosters development and opportunities for income growth. The levels of financial literacy were discovered to be low, which raises concerns given that Mumbai is the financial hub of the country. Some youths also faced challenges due to incorrect guidance from others when it came to investing. It is essential to promote awareness programs that cover investment opportunities along with their associated benefits and risks. Enhancing awareness and financial literacy would likely lead to a rise in investment volumes, thereby supporting economic growth.},
        keywords = {Youths, financial, financial literacy, savings, investment.},
        month = {April},
        }