The Influence of Self-Motivation and Financial Literacy on Students’ Interest in Investing, Mediated by Technological Development

Hendrieta Ferieka, Meutia Meutia, Munawar Muchlish, Tri Lestari

© 2025 Hendrieta Ferieka, published by UIKTEN. This work is licensed under the Creative Commons Attribution-NonCommercial 4.0 International. (CC BY-NC 4.0).

Citation Information: SAR Journal. Volume 8, Issue 3, Pages 275-281, ISSN 2619-9955, https://doi.org/10.18421/SAR83-08, September 2025.

Received: 04 August 2025.
Revised:   16 September 2025.
Accepted: 22 September 2025.
Published: 27 September 2025.

Abstract:

This study explores how self-motivation and financial literacy affect students’ investment interest, with technological development as a mediating factor. Using a quantitative correlational method, data from 90 economics students in Banten, Indonesia, were analyzed through path analysis. Results show financial literacy directly increases investment interest, while self-motivation indirectly influences it through technological engagement. Technological development enhances investment participation by improving platform accessibility. The findings highlight the importance of integrating financial education with digital skills to foster early investment behaviour, offering practical insights for educators and policymakers in strengthening youth participation in financial markets.

Keywords – Investment interest, self-motivation, financial literacy, technological development, student behaviour.

                   

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