Analysis of Husband-Wife Interaction, Financial Vulnerability, and Objective Well-Being in Sandwich Generation Families
Article Sidebar
Main Article Content
Abstract
In sandwich-generation families, there are individuals who simultaneously support the financial needs of children and the elderly. This is a quantitative study with a cross-sectional design using an online survey as a data collection tool. The study was conducted in Indonesia with a research population including sandwich families living in one house consisting of three generations: husband and wife, children, and elderly. The research sample consisted of working wives from the sandwich generation. Of the 223 respondents who participated, 106 met the criteria for further analyses. The results show that spousal education and income play important roles in reducing financial vulnerability and improving family welfare. Harmonious interactions between husbands and wives can reduce financial vulnerability and improve family welfare. Conversely, high financial vulnerability can disrupt a family's objective welfare if not properly managed. The conclusion is the need to improve financial literacy, create a good financial management strategy, and maintain open and harmonious communication between husband and wife to reduce financial vulnerability and improve the welfare of sandwich-generation families.
Downloads
Article Details
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
Abid, A., & Shafiai, M. H. M. (2018). Determinants of household financial vulnerability in Malaysia and its effect on low-income groups. Journal of Emerging Economies and Islamic Research, 6(1), Article 1. https://doi.org/10.24191/jeeir.v6i1.8772
Anderloni, L., Bacchiocchi, E., & Vandone, D. (2012). Household financial vulnerability: An empirical analysis. Research in Economics, 66(3), 284–296. https://doi.org/10.1016/j.rie.2012.03.001
Anjani, S. A. (2024). Menavigasi Konflik Keluarga Strategi untuk Komunikasi yang Efektif. Circle Archive, 1(4), Article 4.
Budiono, S., & Purba, J. T. (2022). Reducing poverty strategy through educational participation, clean water, and sanitation in Indonesia. Jurnal Ekonomi Dan Bisnis, 25(1), 177–198. https://doi.org/10.24914/jeb.v25i1.4158
Carr, D., Freedman, V. A., Cornman, J. C., & Schwarz, N. (2014). Happy Marriage, Happy Life? Marital Quality and Subjective Well-being in Later Life. Journal of Marriage and Family, 76(5), 930–948. https://doi.org/10.1111/jomf.12133
Chuang, Y.-C. (2005). Effects of interaction pattern on family harmony and well-being: Test of interpersonal theory, Relational-Models theory, and Confucian ethics. Asian Journal Of Social Psychology, 8(3), 272–291. https://doi.org/10.1111/j.1467-839X.2005.00174.x
Daud, S. N. M., Marzuki, A., Ahmad, N., & Kefeli, Z. (2019). Financial Vulnerability and Its Determinants: Survey Evidence from Malaysian Households. Emerging Markets Finance and Trade, 55(9), 1991–2003. https://doi.org/10.1080/1540496X.2018.1511421
Delhey, J., Böhnke, P., Habich, R., & Zapf, W. (2001). The Euromodule: A new instrument for comparative welfare research (Vols. 01–401). Wissenschaftszentrum Berlin für Sozialforschung gGmbH.
Guan, N., Guariglia, A., Moore, P., Xu, F., & Al-Janabi, H. (2022). Financial stress and depression in adults: A systematic review. PLOS ONE, 17(2), e0264041. https://doi.org/10.1371/journal.pone.0264041
Hamid, F. S., Loke, Y. J., & Chin, P. N. (2023). Determinants of financial resilience: Insights from an emerging economy. Journal of Social and Economic Development, 25(2), 479–499. https://doi.org/10.1007/s40847-023-00239-y
Haqiqi, A. H., & Subroto, W. T. (2021). Pengaruh Pendapatan dan Konsumsi Rumah Tangga Terhadap Kesejahteraan Keluarga Penerima Manfaat Bantuan Sosial PKH. Jurnal Education and Development, 9(2), 484–493. https://doi.org/doi.org/10.37081/ed.v9i2.2553
Herawati, T., Simanjuntak, M., & Kumalasari, B. (2021). Investigating the Quality of Life on Farmer Family: Roles of Gender Relations, Economic Pressure, Financial Management, and Livelihood Strategies. Journal of Family Sciences, 6(1), Article 1. https://doi.org/10.29244/jfs.v6i1.35796
Hosseini, Z., & Homayuni, A. (2022). Personality and occupational correlates of anxiety and depression in nurses: The contribution of role conflict, core self-evaluations, negative affect and bullying. BMC Psychology, 10(1), 215. https://doi.org/10.1186/s40359-022-00921-6
Hunziker, S., & Blankenagel, M. (2024). Cross-Sectional Research Design. In S. Hunziker & M. Blankenagel (Eds.), Research Design in Business and Management: A Practical Guide for Students and Researchers (pp. 187–199). Springer Fachmedien. https://doi.org/10.1007/978-3-658-42739-9_10
Kawalod, R. T. A., & Tewal, B. (2020). ANALISA KONTRIBUSI PEKERJA WANITA SEBAGAI PEDAGANG DI PASAR TRADISIONAL PINASUNGKULAN KAROMBASAN UNTUK MENINGKATKAN KESEJAHTERAAN KELUARGA. Jurnal EMBA : Jurnal Riset Ekonomi, Manajemen, Bisnis dan Akuntansi, 8(2), 79–88. https://doi.org/doi.org/10.35794/emba.8.2.2020.28796
Lusardi, A. (2019). Financial literacy and the need for financial education: Evidence and implications. Swiss Journal of Economics and Statistics, 155(1), 1. https://doi.org/10.1186/s41937-019-0027-5
Maresova, P., Javanmardi, E., Barakovic, S., Barakovic Husic, J., Tomsone, S., Krejcar, O., & Kuca, K. (2019). Consequences of chronic diseases and other limitations associated with old age – a scoping review. BMC Public Health, 19(1), 1431. https://doi.org/10.1186/s12889-019-7762-5
Margelisch, K., Schneewind, K. A., Violette, J., & Perrig-Chiello, P. (2017). Marital stability, satisfaction and well-being in old age: Variability and continuity in long-term continuously married older persons. Aging & Mental Health, 21(4), 389–398. https://doi.org/10.1080/13607863.2015.1102197
Marsudi, G. A., Wulandari, K., & Mayangsari, W. (2023). Peran Ganda Istri dalam Meningkatan Ekonomi Keluarga (Studi Deskriptif Pekerja Perempuan Peternakan Ayam Petelur di Desa Kandangan, Kecamatan Srengat, Kabupaten Blitar). Jurnal Wanita Dan Keluarga, 4(1), Article 1. https://doi.org/10.22146/jwk.7497
Maulana, R. (2020). Apakah Pendidikan Tinggi Meningkatkan Kemungkinan untuk Bekerja di Sektor Formal? Jurnal Ekonomi Kuantitatif Terapan, 133. https://doi.org/10.24843/JEKT.2020.v13.i01.p06
Mustika, I., Herawati, T., & Muflikhati, I. (2023). Strategi Penghidupan, Manajemen Keuangan, Kerentanan Ekonomi, dan Ketahanan Keluarga Nelayan. Jurnal Ilmu Sosial dan Humaniora, 12(2), 269–279. https://doi.org/10.23887/jish.v12i2.62017
Nadhifah, L., Puspitawati, H., & Defina, D. (2021). PEMBAGIAN PERAN, TINGKAT INTERAKSI SUAMI-ISTRI SERTA PENGARUHNYA TERHADAP INDEKS KEBAHAGIAAN KELUARGA PETANI PADA DUA MASA. Jurnal Ilmu Keluarga dan Konsumen, 14(2), Article 2. https://doi.org/10.24156/jikk.2021.14.2.116
Noerhidajati, S., Purwoko, A. B., Werdaningtyas, H., Kamil, A. I., & Dartanto, T. (2021). Household financial vulnerability in Indonesia: Measurement and determinants. Economic Modelling, 96, 433–444. https://doi.org/10.1016/j.econmod.2020.03.028
Puspitawati, H. (2009). Teori Struktural Fungsional dan Aplikasinya Dalam Kehidupan Keluarga.
Rahman, M., Isa, C. R., Masud, M. M., Sarker, M., & Chowdhury, N. T. (2021). The role of financial behaviour, financial literacy, and financial stress in explaining the financial well-being of B40 group in Malaysia. Future Business Journal, 7(1), 52. https://doi.org/10.1186/s43093-021-00099-0
Santoso, M. D. Y. (2020). REVIEW ARTICLE: DUKUNGAN SOSIAL DALAM SITUASI PANDEMI COVID 19. Jurnal Litbang Sukowati : Media Penelitian dan Pengembangan, 5(1), 11–26. https://doi.org/10.32630/sukowati.v5i1.184
Silverstein, M., & Giarrusso, R. (2010). Aging and Family Life: A Decade Review. Journal of Marriage and the Family, 72(5), 1039–1058. https://doi.org/10.1111/j.1741-3737.2010.00749.x
Tyas, P. F., & Herawati, T. (2017). KUALITAS PERNIKAHAN DAN KESEJAHTERAAN KELUARGA MENENTUKAN KUALITAS LINGKUNGAN PENGASUHAN ANAK PADA PASANGAN YANG MENIKAH USIA MUDA. Jurnal Ilmu Keluarga Dan Konsumen, 10(1), Article 1. https://doi.org/10.24156/jikk.2017.10.1.1
Zhou, H., & Zheng, Q. (2022). Work Stressors and Occupational Health of Young Employees: The Moderating Role of Work Adaptability. Frontiers in Psychology, 13. https://doi.org/10.3389/fpsyg.2022.796710