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Family Resource Management
- Componets ofManagement
- Inputs
- Demands & Resources
- Needs wants goals and values
- Human, Material, Environmental
- Needs wants goals and values
- Demands & Resources
- throughputs
- Planning
- Organising
- Implementing
- Planning
- outputs
- Results- Consideration
- Demmands?, Resources?, changes in
values
- Results- Consideration
- Inputs
- Factors affecting Family
Management
- Size and composition of Family
- Stages in the family cycle
- Employment Patterns
- Socioeconomic Status
- Management of Dual Role
- Culture
- Gender Roles
- Values & Standards
- Size and composition of Family
- Household Finaces
- Social factors affecting
income
- Age
- Socioeconomic Status
- Gender
- Culture
- Age
- Sources of
Income
- Benifits
- Social Insurance Payments (Contributory)
- Social Assistance Payments (non- contributory)
- Universal Payments
- Social Insurance Payments (Contributory)
- Other e.g. Investments
- Pensions
- Wage
- Benifits
- Pensions
- Personal Pension
- Occupational Pension
- State Pension
- Contributory
- Non- Contributory
- Contributory
- Personal Pension
- Social factors affecting
income
- Household Expenditure
- Budgeting
- Plan for spending
Money
- Prevents
overspending
- Provides security & reduces
stress
- Encourages saving
- Plan for spending
Money
- Creating a Budget
- List sources of Income
- Calc. Yearly Expenditure for each
item e.g. health Ins.
- Incorporate long/ short term
savings
- Review regularly
- List sources of Income
- Essential or Discretionory
- MABS
- Free, Confidential, non
judgemental
- Support/ help draw realistic
budgets
- Free, Confidential, non
judgemental
- Budgeting
- Payment Methods for
goods and services
- Cash
- Cheque
- Debit Card
- Credit Card
- 3V (Virtual Value
Vouchers)
- Direct debit &
Standing order
- Billpay
- 24 hour banking by phone
- Credit Transfer/ bank giro
- Online banking
- Cash
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