A Study On Impact Of Financial Stress On Career Choices And Saving Habits Of Young Professionals

Abstract

Financial stress has become a significant concern in today’s economic environment, affecting individuals across various socio economic backgrounds. This study aims to examine the impact of financial stress on career decisions and saving behaviour among ind ividuals. Primary data was collected from 100 respondents using a structured questionnaire. Statistical tools such as percentage analysis, descriptive statistics, correlation,
regression, and ANOVA were applied using SPSS software.
The findings of the study reveal that financial stress significantly influences career decisions, particularly in terms of job security preference and risk avoidance. Individuals experiencing higher financial stress tend to prioritize stable employment over high risk career oppor tunities. Furthermore, financial stress also affects saving behaviour, limiting individuals’ ability to save regularly.
The study also highlights the importance of financial knowledge, which positively influences saving habits and financial planning. Howev er, the ANOVA results indicate that financial stress does not significantly differ across income groups, suggesting that stress is experienced across all economic levels. The study concludes that improving financial literacy and promoting effective financial planning can help reduce financial stress and enhance decision making capabilities.

DOI: https://doi-ds.org/doilink/04.2026-38165795