MoneySkill Modules 3 & 4

household

a person or group of people living in the same residence unit

flex time

adjustment of scheduled work hours around family commitments

cost of living adjustment

an automatic increase in income or benefits that occurs when the average price level rises

Delta stage

at least one dependent child above preschool age remains

"off the family dole"

becoming financially independent from parents

telecommuting

completing employment work from home; especially by phone or computer

today's dollars

dollar amounts or prices that have been adjusted for inflation

Charlie stage

from birth of first child until youngest child is school age

Foxtrot stage

from retirement to death

Bravo stage

married but childless

Alpha stage

single, childless persons who are independent from their parents

negligible

so unimportant that it can be disregarded or ignored

Echo stage

still employed but no dependent children remain; or about 10 years before planned retirement

probation

the testing or trial of a person's conduct, character, qualifications, or the like

job sharing

two or more workers share the responsibilities of one full time employee