Financial Literacy and Pocket Money as An Investment Decision: Financial Behavior

This research shows that financial literacy and pocket money influence
investment decisions and financial behavior. The research object was
FEB students at the Muhammadiyah University of Surabaya; the
research sample was 350 FEB students. Data collection uses primary
data in the form of a questionnaire, which is filled with research
instruments according to the indicators of the variable. Data processing
using SEM-PLS tests hypotheses with outer and inner models. The
results of the study show that financial literacy, pocket money, and
financial behavior have no significant effect on investment decisions,
while financial literacy and pocket money have a significant effect on
financial behavio