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Abstract

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

Keywords

financial literacy lifestyle investment interest accounting students

Article Details

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How to Cite
Nasution, K., Nasution, P., & Hasibuan, M. I. (2026). The Influence of Financial Literacy and Lifestyle on Accounting Students’ Investment Interest. Advances in Economics & Financial Studies, 4(2), 223–238. https://doi.org/10.60079/aefs.v4i2.766
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