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Family Life Cycle

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Family Life Cycle
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  • 1. Beginning Stage
  • In the beginning stage, living on one partners earning and saving the rest you would probably want an apartment so your home isn't draining all of your money.
  • 5. Midyears Stage
  • 2. Child-bearing Stage
  • In the child-bearing stage, you need a decent sized home because the kids need room to do all of their activites ,but with one partner still part-time they still need to keep their house in budget to live their daily lives until they are financially stable
  • In the midyears stage the family frequently hangouts together but when they don't have guest they are travelling all over the world
  • 2. Parenting Stage
  • 6. Aging Stage
  • Once both parents are at a full time job and they are financially stable and have put a down-payment on their home that will carry them through their kids growing up
  • The kids have graduated college one is off to marry her dream man and the other is off to get his dream job. So, the parents decided it would be the best idea to downsize since they wont be needing as much space with their kids gone
  • 4. Launching Stage
  • They still stay in their home from the launching stage because there is no need to move to anywhere else
  • Sadly after a long life together the wife has passed on. Now leaving the husband by himself but he will still keep their house so he can have their kids and grandkids over more.
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