TLE-HE 6 - Types of Family Resources

Types of Family Resources

1. Human Resources

Every able-bodied member of the family is considered an important human resource. People who can contribute their time, effort, skills, strength, and expertise is considered part of the family’s human resource.

1. Human Resources

Capabilities, Intelligence, and Skills

Every person has his or her unique ability and intelligence in a way that improves not only him or her but also others. It is important to identify the talents and skills that each person has and utilize them for the common good.

1. Human Resources

Strength/Energy

The strength of a person does not only mean having good health and a strong body. It also means having emotional stability, mental alertness, and having a reasonable commitment and a positive outlook in life, especially in work that improves self and society. Strength is also needed to accomplish tasks on time to play, entertain, and relax with the family afterward.

2. Material Resources

Tangible assets such as houses and lots, furniture and appliances, jewelry, automobiles, and cash are referred to as the family’s material resources.

 

Every family must invest wisely in material resources, making sure that they consider quality, durability, and appreciation value when choosing what to purchase.

 

Real properties and jewelry increase in value over time while the value of furniture, appliances, and automobiles depreciate or go down as they get old and worn out.

 

Non – monetary material resources are valuable too because they can be sold for a certain amount of cash.

3. Non-material Resources

Time, health, and experience are intangible resources but are also important. Without non-material resources, family members will be unable to perform their duties and responsibilities at home, in school, and at work.

Time

Time is very important. This is the resource that cultivates cooperation, fulfillment of the prescribed duties, and smart maintenance of homes. This is used to start and finish the work without giving burden to the body or resentment to the person.

Health

The health of family members is important. When family members are in good health, they can do their duties without delay.

Experience

The more experience a family member has, the more likely he or she will get hired and be paid a good amount for his or her services. So, job or work experience is an important non-material resource to have.

Draw

Direction: Place a check under a resource that you value for each row.

Legend:

T – Time  

S – Strength

M – Money    

C – Capability/Skill/Talent