CPSY 428 Chapter Notes - Chapter 12: Panic Buying, Essential Products, Life Insurance

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I(cid:374) (cid:373)ajority of today"s fa(cid:373)ilies, (cid:271)oth hus(cid:271)a(cid:374)d a(cid:374)d (cid:449)ife (cid:449)ork full ti(cid:373)e. Unemployment especially when it lasts 6+ months is associated with strained relationships, loss of self-respect and depression. Economic success certainly does not guarantee an intimate, healthy and happy family, but economic failure almost always leads to family problems and breakdown. Many courting couples pay almost no attention early in the relationship to each other financial values. Economic stability necessary for the development of family strength. Self-esteem one of the first things threatened by unemployment. Many families, regardless of how much they make, feel that everything. Americans have more vehicles for its population than any country in the world. One of the fastest growing sources of debt in the us is borrowing to cover the cost of education. Students who attend private for-profit colleges are 5x more likely than those who attend public universities to owe more than ,000.

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