ANALYSING SPENDING HABITS TO UNDERSTAND BEHAVIOURAL ASPECTS OF PERSONAL FINANCE AMONG EMPLOYEES

This study investigates the behavioural aspects of personal finance among employees at Skyjet Technologies,
focusing on spending habits, saving behaviour, financial stress, and the influence of job-related factors. Using a structured
questionnaire, data were collected from 50 employees through a census sampling method. The study adopted a
quantitative approach and employed SPSS software to analyse the data. Statistical tests such as ANOVA, Chi-square,
correlation, and regression were conducted to explore relationships between variables such as monthly income, impulse
spending, financial satisfaction, and job performance under stress.
The findings revealed no statistically significant association between income levels and frequency of spending beyond
income, suggesting that overspending is influenced more by behavioural patterns than income range. A moderate positive
correlation was found between financial literacy program attendance and monthly savings, indicating the beneficial role
of financial education. Regression analysis showed that job insecurity had a modest negative impact on financial decisionmaking
and job performance, although not statistically significant. The study also observed that many employees lack
formal financial education, and a notable percentage engage in impulse purchases.
These insights highlight the importance of introducing structured workplace financial wellness programs, with a focus
on building saving habits, reducing financial stress, and enhancing overall well-being. The study recommends further
research on a larger and more diverse sample and encourages organizations to promote financial literacy as part of
employee development.