Shared Flashcard Set

Details

2.01
Personal Finance
10
Finance
12th Grade
02/29/2012

Additional Finance Flashcards

 


 

Cards

Term
Lifestyle Condition
Definition
Factors about the way a person lives and works that affect his/her financial income, needs, and expenses
Term
Age
Definition
A set of consecutive ages that tend to have similar incomes, needs, and expenses.
Term
Dependents
Definition
People who rely on another person for primary financial support-e.g., children spouse, other family member.
Term
Economic outlook
Definition
The state of the economy, wheather favorable or unfavorable, asmeasured by economic indicators, indicators, including interest and unemployment rates
Term
Education level
Definition
The highest grade in school or degree completed.
Term
Employment status
Definition
A person's work circumstances, wheather employed, full-time or part-time, self- or other-employed.
Term
Health Condition
Definition
A person's health factors, whether sick or well, able or disabled, injured or not.
Term
Marital status
Definition
Whether married or single, divorced, separated, etc.
Term
Financial Life Cycle
Definition
Typical stages of wealth a person accumulates during the life cycle
Term
Wealth
Definition
The sum total of asstes belonging
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