RESOURCES Flashcards
1
Q
Methods of TIME MANAGEMENT in the home
A
- All members should assist with chores
- Fridges/Freezers
- Labour saving equipment
- Emails
- Timers on things
2
Q
Methods of HUMAN ENERGY MANAGEMENT
A
- Easy clean features
- Well designed home
- Non stick/Teflon surfaces
- Thermostats
- Dishwashers/ Washing machines
3
Q
Methods of FUEL ENERGY MANAGEMENT
A
- Insulation = cavity wall, glazing, loft, fraught, lagging
- Central heating
- Radiators with individual thermostats
- Solar panel energy
4
Q
Methods of MONEY MANAGEMENT
A
- Realistic budgeting
- Online banking
- Online shopping for deals on big household purchases
- Grocery shopping online = less impulse buying
5
Q
Interrelationship of TIME, ENERGY & MONEY
A
- less time = more convenience foods = increased costs
- Occupation = determines income
- Well designed home = minimal running costs
- Working women = less time to manage home = but more money to spend of energy saving appliances
6
Q
Factors affecting MANAGEMENT OF TIME, ENERGY & MONEY
A
- No of people in household
- Ages of household members
- Health of household members
- Gender of household members
- Skills & Talents of household members
- Geographic location of households
- Nature & Size of home
- Labour saving devices
- Working hours & nature of work
- Available help to household
- Leisure hours
7
Q
Sources of income
A
- Wages & salaries
- Welfare benefits
- Interests on savings & investments
- Allowances
- Gifts
- Loans
8
Q
Methods of payment
A
- Cash&Cheques
- Direct debit cards
- Credit Cards
- Bank loans
- Bank overdraft
- Contactless
- Internet Banking
9
Q
Financial strategies
A
- Spread large bills
- Shop around for credit deals
- Plan food shopping
- Knowledge of foods
10
Q
What are our 3 main resources?
A
- Time
- Energy
- Money
