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There are basically three stages . These are ,the accumulation phase, consolidation phase and the spending phase
The accumulation phase
A stage where individuals accumulates wealth , purchase of shares , ceding of life policies , insurance policies , purchase of fixed assets etc
Consolidation phase
a stage of strengthening what has been gathered , more of security to assets and life polices
Spending phase
The name suggest , its time to spend , life style is lavish at this stage , going for holidays is more common
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What are the 7 stages of the family life cycle?
individual marriage childbearing parenting launching middle years senior years
How long do life cycles last for?
Different organisms have different life cycles. The length of a life cycle will depend on the species you want to know about. One life cycle is the time for an individual organism to reach reproductive maturity and reproduce, i.e. produce offspring (children).
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it is a life cycle to them or their life.
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What are the Characteristics of the budget?
A budget is a financial blueprint. A budget is something that is put into action, followed by people, constrains spending, sets targets and has a life cycle.
Explain the term accounting cycle why is it cycle?
Series of steps in recording an accounting event from the time a transaction occurs to its reflection in the financial statements; also called bookkeeping cycle. The order of the steps in the accounting cycle are: recording in the journal, posting to the ledger, preparing a trial balance, and preparing the financial statements.Its is an cycle because when the financial statements are made at the end of the year and after the closing of the financial year u have to start ur business again for the new financial year. So everything u do repeats again. Hence, it is a cycle. Hope it answered the question.
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What is life cycle of a plum?
what is a plums life cycle
Where is the cougar in the life cycle?
cougars life cycle === ===
What is the life cycle of a weta?
what is the wetas life cycle
