1.6 using money to meet changing needs Flashcards
1
Q
young children
A
spend most of their money
2
Q
young adults
A
spend on living expenses
3
Q
adults
A
living expenses, leisure and save for the future
4
Q
parents
A
might borrow for things for the family , living expenses, hard to save
5
Q
middle-aged
A
likely paid off debts, saving for old age
6
Q
retired people
A
spend all income (fallen since years in employment)
