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Definition
| Set of consecutive ages having similar incomes, needs, and expenses |
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| People relying on other people for primary financial support --- eg., children, spouse, other family members |
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| State of economy, whether favorabe/unfavorable, is measured by economic indicators, including interest and unemployment rates. |
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| Education level/ Employment Status |
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Definition
| Highest grade/work circumstances completed . |
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| Person's health factor, whether sick or well, able or disabled, injured or not. |
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| Wheher married, single, divorced, widow, seperated, etc. |
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| Typical stages of wealth one accumulates during life cycle. |
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Term
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| Sum total of assets belonging to one person---including money, property, and personal possessions. |
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| Stage during which most people form a family, begin to work and earn money. |
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| Stage including the peak earning years, giving money to oneself. |
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| Stage of retirement and wealth consumption, and money given to chosen ones. |
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Term
| Individual and Family Life Cycle |
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Definition
| Typical stages of life for individuals and families. |
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| Family of young adults who marry, newlyweds |
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| Child-bearing family; has one or more young children. |
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| Developing family which children growing into middle childhood and early teens. |
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| Family with middle-age parents and children leaving home for college, etc. |
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| pre-retirement family, no children at home. |
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Term
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| Family of elderly adults, usually retired. |
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Term
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| Families that do not follow the "typical" life cycle stages. |
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Term
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Definition
| Something someone intends to acquire,achieve,reach,or accomplish. |
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Term
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| Exact,clearly defined or explained. |
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Term
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| Figure that can be objectively assessed---e.g, a measurable cost or time. |
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| Able to reach---e.g, a budget amount that can be realized. |
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| In keeping with reality, likely to happen. |
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Term
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| Containing date with/when goal will be reached. |
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Term
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| Reason in favor of an option;potential benefit. |
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Term
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| Reason in opposition to an option; potential limitation or weakness. |
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Term
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| Whim or sudden desire to do something; acting without thinking |
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Term
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| Learned behavior that is repeated over and over, usually without thinking. |
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Term
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| Related to traditions, beliefs, roles, and communication styles of a group. |
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Term
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| Related to all people, collectively. |
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Term
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| Statistical data about population(s). |
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Term
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| Related to state of economy, financial balance of a population. |
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Term
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Definition
| Products, resources, and systems used for specific purposes. |
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Term
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| Print, sound, and image channels through which information is conveyed. |
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| Related to a sense of right and wrong. |
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Term
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| Someting on must have in order to live. |
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Term
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| Something one desires to improve quality of living that is not required to live. |
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Term
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| fundamental belief about what is desirable and worthwhile. |
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Term
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| Measure of quality or excellence. |
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Term
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| Relative importance a person places on a value, goal, or alternative. |
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Term
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| Outline of what you have to offer a prospective employer, school, or organization. |
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Term
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| A person who is qualified and willing to speak on your behalf. |
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Term
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Definition
| Talk between you and admissions officer of a school or a prospective employer. |
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Term
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Definition
| Owning and operating your own business. |
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| Seperate entity created and owned by founder and shareholders. |
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| Agreement permitting franchisee to market and sell goods and services in a given area that the franchiser provides. |
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Definition
| You and your spouse both planning/plan to have careers outside the home. |
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Term
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Definition
| General sense of concern for needs of others in community, country, and world. |
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