sum q3 Flashcards

1
Q

supply of money material staff that can be drawn on by a person

A

resources

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2
Q

include money material and people that can help the family to sustain their living

A

family resources

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3
Q

3 types of resources

A

human
material
non material

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4
Q

include the member of the family who are able bodied and can contribute their time effort skills strength to the family

A

human resources

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5
Q

tangible resources for available usage

A

material

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6
Q

intangible include time health experience

A

non material

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7
Q

time

A

proper time management help in finishing work without giving burden to a person

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8
Q

health

A

having goodhealth will enable you to do work effectively

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9
Q

experience

A

the more experience the more he can contribute to the family by using it in giving service

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10
Q

desire to become the most that one can be

A

self actualization

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11
Q

respect self esteem status

A

esteem

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12
Q

frienship intimary family sense of connection

A

love and belonging

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13
Q

personal security,employment,health,property

A

safety needs

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14
Q

air water food shelter sleep clothing

A

physical logical needs

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15
Q

2 types of need

A

basic and social need

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16
Q

essential materials to support wellbeing,including housing food housing

A

basic need

17
Q

essential in self growth of individual such as appreciation acceptance belonging and companionship

A

social need

18
Q

money recieve through work or business

19
Q

money earned from services .money paid to the member of a family who’s employed

A

wage or salary

20
Q

dividends from shares of stock and bonds thatadd income include profit

A

profit from business and investments

21
Q

rental of family owned real estate property

A

lease of property

22
Q

income of retired ,old, or any member

23
Q

additinal income that is over and above the regulay salary

A

commission and bonus

24
Q

types of family income

A

money
real
psychic

25
income in form of cash include salary,wage,rent,interest,pension,etc.
money income
26
income in form of assets such as land,goods,farm,home activities
real income
27
called as enjoyment income or the feeling of satisfaction bcs of the proper utilization
psychic
28
what is budgeting
creating a plan to spend money
29
components of family budget
1.food household operation 2.shelter medical dental care 3.clothing rest recreation education saving utilities social moral obligation
30
include groceries fruits and veg
food
31
rent,repair,maintenance and taxes
shelter
32
uniforms,clothes,accessories
clothing
33
tuition fee,allowance,transportation fee, school suplies
education
34
paid monthly basis .electricity,water,telephone, home cable bills
utilities
35
things needed in house furniture, other things to make fam mem comfy
household operation
36
expenses for medical and dental appointment and medicines
med and dental care
37
relaxation entertainment for family such as family activity
reast and recreation
38
seperate amount of money that is set aside for emergency purposes
savings
39
allocating budget for the fam who attends personal events
social moral obligation