Which term refers to the personal standards by which an individual lives?

The term that refers to the personal standards by which an individual lives is "values." Values are fundamental beliefs that guide attitudes and actions throughout life. They shape how individuals perceive the world and influence their choices, behavior, and interactions with others. For example, a person who values honesty will prioritize truthfulness in their relationships and decisions, while someone who values compassion may choose to help others in need.

Understanding one’s values is crucial for personal development and decision-making, as they serve as a compass that helps individuals navigate challenges and ethical dilemmas. In contrast, goals refer to specific objectives an individual aims to achieve, principles are often broader rules or guidelines that dictate behavior and conduct, and beliefs are convictions or acceptance that something is true or exists, which may not necessarily inform personal standards of behavior.