FHCE 2100 Study Guide - Midterm Guide: Financial Statement, Debt Service Ratio, Life Insurance

• School: University of Georgia
• Department: Financial Planning, Housing and Consumer Economics
• Course: FHCE 2100
• Professor: Kabaci

Document Summary

Parents put more resources into each child. Total fertility rate: -its the average number of children a women will have in her lifetime during her childbearing years and its used to find the replacement rate. Do not need to know future cost of college calculations. Total current debts = all unpaid bills; all of revolving credit card bills; one year"s worth of mortgage, installment loans, and other loans. Use credit card instead of debit card when making big purchases. Lower fertility rates vs higher fertility rates: lack of expectations. Time use: working in and out of the home. Housing: adequate space, proximity to school, use of space. Consumption: health insurance, food, life insurance, clothing, transportation. Number of births that occur to an individual or in a population. Number of births per 1000 population-- 62. 5. Number of births per 1000 women aged 15-44. Number of births by women of a specific age in relation to all women in that age range.