Parlaungan Nasution
Universitas Labuhanbatu Rantuprapat, Sumatera Utara, Indonesia

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The Influence of Financial Literacy and Lifestyle on Accounting Students’ Investment Interest Karmila Nasution; Parlaungan Nasution; M. Irwansyah Hasibuan
Advances in Economics & Financial Studies Vol. 4 No. 2 (2026): February - May
Publisher : Yayasan Pendidikan Bukhari Dwi Muslim

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60079/aefs.v4i2.766

Abstract

Purpose: This study aims to examine the influence of financial literacy and lifestyle on theinvestment interest of Accounting students at Universitas Labuhanbatu.Research Design and Methodology: This study employed a quantitative approach with acausal-associative design. The population consisted of all active Accounting students atUniversitas Labuhanbatu, and a saturated sampling technique was used to select respondents.Data were collected through questionnaires and analyzed using SPSS version 26. Theanalysis included validity and reliability tests, classical assumption tests, multiple linearregression, t-tests, and F-tests.Findings and Discussion: The results indicate that financial literacy has a positive andsignificant effect on students’ investment interest. In contrast, lifestyle has a negative andsignificant effect on investment interest. Simultaneously, financial literacy and lifestylesignificantly influence students’ investment interest. These findings suggest that studentswith higher financial literacy are more likely to engage in investment activities, whereas amore consumptive lifestyle tends to reduce investment interest.Implications: Universities should strengthen financial education programs and encourageresponsible lifestyle behaviors to enhance students’ investment awareness and participation.Originality: This study provides empirical evidence on the simultaneous effects of financialliteracy and lifestyle on investment interest among accounting students in an Indonesianhigher education context.