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

P J Kumarasinghe, S C Munasinghe


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


Savings Behavior, Savings Motives, Factor Analysis

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