2.01 Key Terms

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Across
  1. 3. Families that do not follow the “typical” life cycle stages
  2. 5. The stage of retirement and wealth consumption, money given to chosen ones
  3. 8. A family of young adults who marry; newlyweds
  4. 9. The stage that includes the peak earning years, giving money to oneself
  5. 10. A developing family, with children growing into middle childhood and early teens
  6. 11. A family of elderly adults, usually retired
  7. 12. A set of consecutive ages that tend to have similar incomes, needs, and expenses
  8. 13. A person’s health factors, whether sick or well, able or disabled, injured or not
  9. 14. The state of the economy, whether favorable or unfavorable, as measured by economic indicators, including interest and unemployment rates
  10. 16. A pre-retirement famly, no children at home
  11. 18. The sum total of assets belonging to one person---including money, property, and personal possessions
Down
  1. 1. A family with middle-age parents and children leaving home for college, etc.
  2. 2. A person’s work circumstances, whether employed or unemployed, full-time or part-time, self- or other-employed
  3. 4. The highest grade in school or degree completed
  4. 6. A child-bearing family; has one or more young children
  5. 7. The stage during which most people form a family, begin to work and earn money
  6. 15. Whether married or single, divorced, separated, etc.
  7. 17. People who rely on another person for primary financial support---e.g., children, spouse, other family members