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Personal Financial Life Cycle (dependent stage (Needs (Food :apple:,…
Personal Financial Life Cycle
dependent stage
sources of income :moneybag:
Summer Job :sunny:
Needs
Food :apple:
Shelter :house:
age - 0-18
Wants
Games :video_game:
phone :iphone:
Independant Stage
Age - 20-35
Sources of income :moneybag:
Salary
job seekers benefit
Needs
Food :banana:
Shelter :house:
Wants
Television :tv:
Car :car:
Growth stage
Age - 35-55
Sources of income :moneybag:
salary
child benefit
Needs
Food :grapes:
Shelter :house_with_garden:
Wants
good paying job
Holiday :airplane:
Maturity Stage
Sources of Income :moneybag:
Salary :moneybag:
Age - 55-65
Needs
Food :tomato:
Shelter
Wants
Second House :house_with_garden:
Holiday :ship:
Retirement Stage
Sources of income
State Pension
Private Pension
Age - 65- -->
Needs
Food :pineapple:
Shelter :house_with_garden:
Wants
Holiday :airplane:
Family :family: