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