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Get to know the Sandwich Generation, the Double Financial Carrier

4 Desember 2023   15:01 Diperbarui: 8 Desember 2023   14:39 56
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Kompasiana adalah platform blog. Konten ini menjadi tanggung jawab bloger dan tidak mewakili pandangan redaksi Kompas.
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Sandwich generation discussions have recently been heavily discussed by the public especially on social media. What does the sandwich generation really mean?

Sandwich generation is someone who not only carries the cost of his own life or his new family, but also has to bear the needs of his parents and his children. It's called a sandwich generation because it's a posture that's painted like a sandwich. They should be able to organize their finance into two layers, the previous generation and the next generation. Sandwich generation usually happens because parents are no longer productive so they can't live up to their own needs. It's not just that the sandwich generation can come up because of the minimum knowledge and long-term financial planning. This is due to a less advanced mindset and also because of a lot of expenditure factors without any investment for the long term. To cope with the emergence of a sandwich generation that is going to continue, then the first thing that can be done is to implant a mindset from within to get out of this cycle. The way is by managing your finances well, making long-term investments, preparing an emergency fund, and also avoiding consumerism. Don't forget to discuss this with the family, which should be a priority, and discuss the parents or siblings to find a joint solution to get extra income to meet their needs. Getting out of the sandwich geeneration is definitely not easy and takes a long time. So start from now, so that you don't be a burden. In short, the sandwich generation is not easy thing to do. So then, get out of the zone, do your best to live a quieter and more peaceful life.

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