Financial Literacy, Emotional Intelligence for Young Investors


  • Triyonowati Triyonowati Sekolah Tinggi Ilmu Ekonomi Indonesia Surabaya
  • Rika Rahayu Indonesia School OF Economics



corporate governance; financial inclusion; microfinance institutions; bottom of the economic pyramid; board accountability, Emotional Intelligence, financial literacy


Changes in individual activities lead to changes in behavior. In particular, adolescents experience changes in learning and teaching activities, resulting in a gap between the amount of time available and the lack of activities that adolescents can do. It becomes a momentum for adolescents to create new activities, one of which is investing in the capital market. The relationship between emotional intelligence and adolescents’ intention to become investors, as well as the moderating effect of financial literacy in the relationship. These values indicate that the model is suitable enough to explain about 42.8%-52.6% of changes in the relationships tested.  Emotional intelligence has a positive effect on adolescents’ intention to become investors, and financial literacy is able to strengthen this influence. This study contributes to a greater understanding of the importance of emotional intelligence and financial literacy when adolescents have the intention to become investors, especially when capital market uncertainty increases. As capital market uncertainty increases, adolescents should be able to assimilate emotional intelligence with their financial literacy to obtain greater returns. It may encourage adolescents to keep choosing their career as an investor. These results have significant theoretical contributions and provide recommendations for industry and policymaker. This can encourage teens to still choose their careers as investors. These results have significant theoretical contributions and provide recommendations for industry and policymakers.  


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How to Cite

Triyonowati, T., & Rahayu, R. (2024). Financial Literacy, Emotional Intelligence for Young Investors. International Journal of Finance & Banking Studies (2147-4486), 12(4), 27–33.