Do Financial Behavior and Income Effect on Student Investment Decisions in Yogyakarta?

Abstract

The investment decision is a decision to postpone current consumption for the benefit of the future in the hope that it will provide the desired profit. There are many factors that influence a person to invest, such as financial behavior consisting of financial literacy, financial knowledge, financial attitudes, financial experience, and income. The purpose of this study was to determine and analyze the influence of financial literacy, financial knowledge, financial attitude, financial experience, and income on investment decisions. The population in this study were students in the Special Region of Yogyakarta with 173 students as respondents. The test method and data analysis used multiple regression analysis. The results of this study indicate that financial literacy, financial knowledge, financial attitude, financial experience, and income have a positive and significant effect on investment decisions.