Based on the stages of the family life cycle, which of the following groups most likely has the largest amount of discretionary income?
A)young couples without children
B)single parents with children
C)young singles
D)young married couples with children
E)middle-aged couples with children

Question

Quizplus · Accepted Answer

Middle-aged couples with children have the largest amount of discretionary income because they have typically reached the peak of their earning potential and their children are likely to be older and more independent, requiring less financial support.

Based on the Stages of the Family Life Cycle, Which