The impact of financial literacy, financial behavior, and financial motivation on students’ investment decision

The current study aims to determine the impact of financial literacy, financial behavior, and financial motivation on students’ investment decision. The population consists of Economics and Business Faculty (FEB) students at the UPN “Veteran” Yogyakarta. In this study, we adopted a quantitative research approach. To collect samples, we employed a purposive sampling method and to analyze the data we used a statistical technique known as multiple linear regressions. The results of analysis conducted in this study show that financial literacy has an impact on students’ investment decision, while financial behavior and financial motivation have no impact on students’ investment decision.