Family Resource Management Flashcards
What is family resource management?
Allowing family to achieve goals by using their resources wisely.
What is one function of family resource management?
Have a better quality of family life: All bills are identified & paid on time, therefore reducing financial worry for family members.
How can family resource management help achieve goals?
Family members need to decide when is the best time to go on holiday and find a location ideal for their needs, then save each week to avoid financial worry.
What does using resources wisely entail?
When doing the food shop, write a shopping list and bring a Clubcard.
How does family resource management allow for unexpected events?
Having life assurance on a person who dies.
What is a closed management system?
All activities happen within the family’s own boundaries, such as a self-sufficient Amish community.
What is an open management system?
The family uses systems outside of themselves to achieve family goals, like children going to school or family members visiting the doctor.
What is an example of childcare management?
Deciding who is going to mind the child.
What does meal planning involve?
Writing a list, food prep, and cooking.
What is money management in family resource management?
Budgeting and finding the best value for loans.
What is an input in family resource management?
Goal - What you want to achieve.
What is a need in family resource management?
Something that is essential to achieve the goal.
What is a want in family resource management?
Non-essential items that enhance the event.
What is planning in throughputs?
Consider your options.
What is organizing in throughputs?
Doing the little jobs.
What is implementing in throughputs?
Put the plan into action.
What are outputs in family resource management?
Questions the day after, such as was it worth it? Would you do it again?
What factors influence family resource management?
Composition of family, stages of life, socio-economic status, both parents working outside of home, and dual role of a person working in and outside of home.
