Tangible assets such as house and lot, furniture and appliances, jewelries, automobiles, and cash are referred to as the family’s material resources.

Preparing a schedule of work and following it help make wise use of time.

Every family and every member of the family has needs and wants.

Son and daughter should not share in managing the home.

Family members can be assigned any task even if they do not have the skill for it.

Time, health, and experience are intangible resources but are also important.

Parents alone are the important resources of management.

Human resources include abilities and skills, attitudes, knowledge, and energy.

Managing family resources is part of family-living.

What do you call the resources like effort, skills, strength, and expertise?

Anna needs to buy weekly stocks of food at home. What will she prepare for her not to forget the things to be bought?

We are in a pandemic situation and it’s hard to earn money.

What should be the priority of the family in order to live?

A family must be safe and protected especially during bad weather. What basic need they must have?

How do you know that the money you have is well spent?

Goals are specific and measurable while objectives are long term.

Time Management is

Good time management is for

Bad time management leads to

Human resources are those which refer to family members and what each one possesses.

Non-human resources are things and elements which are available to the family and to everyone.

Money is the purchasing power that helps one acquire his needs.

1. Abilities and skills are both native and acquired.

Considered as one of the most important items that need to be prioritized.

This component includes tuition fees, books, and allowances.

Most priority in the household budget.

This needs have become only secondary to food and other needs.

How can you manage family resources wisely?

What are the components of family budget?

What resource management can be implied or definite. It is something that you aspire to achieve.

These are what you cherished the most and what you consider as desirable or important.

These are examples of material resources.

Ability

Time

Attitude

Knowledge

Energy

Money

Goods and Property

Community Facilities

Skills