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Economic Activities
Goals and Decisions
Lifestyle
Stages of Life
Protecting Financial Security
100
Money gained from earning.
What is earnings?
100
A figure that can be objectively assessed.
What is Measurable?
100
People who rely on another person for primary financial support---e.g., children, spouse, other family members
What is dependents?
100
A family of young adults who marry; newlyweds
What is beginning family?
100
Not securing personal information and property
What is Failure to protect?
200
The style of living that a person can afford, according to his/her income.
What is Standard of Living?
200
A whim or sudden desire to do something; acting without thinking.
What is Impulse?
200
A person’s work circumstances, whether employed or unemployed, full-time or part-time, self- or other-employed
What is employment status?
200
A child-bearing family; has one or more young children
What is expanding family?
200
Not asking questions, discussing purchases, saying “no” when needed
What is failure to communicate?
300
A period in which individuals/businesses are financially successful and thriving.
What is Prosperity?
300
Related to a sense of right and wrong
What is Moral?
300
The stage that includes the peak earning years, giving money to oneself
What is wealth accumulation?
300
A family with middle-age parents and children leaving home for college, etc.
What is Launching family?
300
Hiding information; hiding the truth
What is concealing information?
400
The highest-valued alternative that must be given up when a choice is made
What is Opportunity Cost?
400
Products, resources, and systems used for specific purposes.
What is Technology?
400
The highest grade in school or degree completed
What is education level?
400
A family of elderly adults, usually retired
What is aging family?
400
Means of communicating
What is media?
500
Having enough money saved to be able to withstand crises and emergencies.
What is Financial Security?
500
Related to the law
What is Legal?
500
Whether married or single, divorced, separated, etc.
What is marital status?
500
A pre-retirement famly, no children at home
What is Pre-Made finance
500
A letter asking one to send several letters with money in order to, supposedly, receive money in the mail yourself
What is a chain letter?