Factors Affecting Saving and Investment Behavior of the Teachers

Saving and investment behaviour is influenced by several factors are Income, Education, Wealth, Employment Status, Stages in life cycle, Pension, Insurance and Banking infrastructure (Achar, 2012). It is supported that the 85 % of the high school teachers and 80% of college teachers were highly influenced by income as saving and high school teachers were influenced as education (77.5%), wealth (47.5%), pension (32.5%), stages in life cycle (30%), banking infrastructure (25%) and employment status (10%) respectively whereas college teachers were influenced as education (77.5%), stages in life cycle (37.5%), wealth and pension (35%), banking infrastructure (27.5%) and employment status (20%) respectively. Tabassum Sultana and Pardhasaradhi (2012) carried out a survey on factors influencing Indian individual equity investors’ decision-making and behaviour. It is supported that the high school respondents (82.5%), decision of investment was influenced by the factor ‘safety’ followed by returns (77.5%), liquidity (35%) and tax saving (22.5%) and none of the respondents were any others. In case of college teachers (75%), decision of investment was influenced by the factor ‘safety’ followed by returns (67.5%), tax saving (60%) and liquidity (52.5%) respectively.