<![CDATA[This study aims to analyze the effect of Financial Stress, Income, Debt-to-Income Ratio, and Financial Literacy on the financial well-being of the sandwich generation in Titi Rantai Village, Medan Baru District. The background of this research is based on the increasing financial pressure faced by the sandwich generation due to intergenerational financial responsibilities, which potentially reduce financial stability and well-being. This study employs a quantitative approach with an associative research design. The population consists of sandwich generation individuals with criteria including productive age (25–60 years), having intergenerational financial responsibilities, and earning income. The sample comprises 110 respondents drawn from ten neighborhoods within the study area. Data were collected through questionnaires and analyzed using multiple linear regression with the assistance of SPSS software. The results indicate that Financial Stress and Debt-to-Income Ratio have a negative and significant effect on financial well-being, while Income and Financial Literacy have a positive and significant effect. These findings suggest that financial well-being is influenced by economic capacity, financial management capability, and psychological conditions. The study implies that improving financial literacy and effective debt management are essential strategies to enhance the financial well-being of the sandwich generation.]]>
Copyrights © 2025
