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Definition
| set of consective ages that tend to have simialar income needs and expenses |
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a person who relies on another for support
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| Forecasted expectations for how well the economy will perform during an upcoming quarter, year or other time |
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Definition
| factors about a way a persons lives and works that effects his/her finanicial income needs and expenses |
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Definition
| the highest grade in school or degree completed |
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Definition
| a persons work circumstances whether employed unemployed full time or part time self or other employed |
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Definition
| a person's health factors whether sick or well able or disabled injured or not |
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| whether married or single divorced or seperated |
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Term
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Definition
| typical stages of wealth a person accumalates during the life cycle |
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Term
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Definition
| the sum total of assets belonging to one pesons including money property and personal possesions |
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| the stage during which most people from a family begin to work earn money |
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Definition
| the stage that includes the peak earning years giving money to oneself |
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Term
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Definition
| the stage of retirement and wealth consumption money given to choosen ones |
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Term
| Individual and Family Life Cycles |
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Definition
| typical stages of life for indivuals and families |
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Definition
| a family of young adults who marry newlyweds |
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Definition
| a child-bearing family has one or more young children |
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Definition
| a developing family with children growing into middle childhood and early teens |
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Definition
| a family with middle-age parents and children leaving home for college etc |
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Definition
| a pre-retirement family no children at home |
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Term
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Definition
| A family of elderly adults usually retired |
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Term
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Definition
| families that do not follow the typical life cycles stages |
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