Family Resource Management Content:  Introduction  Matching Game  Central Concepts  Processes  Frameworks

2 Introduction  Many families face a number of challenging issues whether it’s individual, family, or societal problem.  This is where Family life educators can come in to assist families by: Introducing problem-solving and decision-making processes Other resources that can be use in: Meeting life challenges Adapting to the rapid internal changes within families and external changes in society.

3 Introduction Integrating work and life the time crunch, care-giving Financial aspects of divorce Family planning the dynamics of family decision-making Saving for retirement; Social Security; Medicare College tuition cost Day care affordability Communication and conflict Families in poverty Values Leisure choices How culture or religion affects resources Some of the concerns and family trends that impact resource management of families:

4 Introduction  As a result, Family Resource Management (FRM) is one of the content areas that prepare family life educators. One of the requirements by NCFR to certify FLE is to take FMST238 which is the course on FRM on campus for students to become more knowledgeable about resource management. FRM overlaps many different areas and can integrate with all other content areas of the Framework for Life-Span Family Life Education (such as human development, sexuality, interpersonal relationship. parental education, ethics, etc.). This is why FRM is a vital component for FLE.

5 Matching Game -Central Concepts of Family Resource Management Either a DEFINITION of a concept or an EXAMPLE will be drawn. Match the Definition of the Concept with its example.

6 Matching Game

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8 Central Concepts  Problems, Values, Goals, Standards, Resources, Decisions, and Plans  Value ideas or belief about what is important and basis for making decisions  Goals Short Range Goals, e.g. completing term paper Long Range Goals, e.g. completing university degree

9 Central Concept Human Resources Health Energy Time Skills Education and Experiences Interpersonal Relationships (friends, family, colleagues, etc.) Non-Human Resources Public Services (police, libraries, schools, Medicare) Environment Resources (Living space) Monetary/ Economic Resources (paycheque, lottery, investments) Technological Resources Other Material Resources Resources Things, knowledge, skills and people that is available to help reach goal(s).

10 Community Resources Possible Community Resource Management Topics Taught by a FLE

11 Central Concepts & Processes  These Central concepts are included in many Processes that are part of resource management Processes-a series of actions, thoughts, operations, or changes that lead to a particular result. Occurs as families deal with problems that developed from external/internal changes E.g. use processes to prepare a meal, or term paper

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13 Management Process Model * Identify problem, need, want or goal Clarify values Identify Resources Decide, plan and implement Accomplish goals and evaluate Feedback Environment E.g. Choosing a Major When did you first realize you wanted to be major in ______? Why? How? Happy? Was that different from your initial goal?

14 Central Concepts and Steps in Management Process

15 Decision-Making Process -Activity Read the passage in your handout and identify how Dave follow steps to make a decision 1. Know the subject of the decision -Dave’s scholarship won’t pay for all his expenses. 2. Seek alternative solutions -Dave finds 3 different jobs he is qualified for. 3. Think through the alternatives -Two of the jobs require evening and weekend hours 4. Choose and follow an action -Dave considers his needs and wants, decides to apply for the camp job. 5. Accept responsibility -Dave visits camp, meets the directors, completes job application. 6. Make compromises when necessary -Dave decides to accept and give up one evening a week and occasional weekend

16 Four Frameworks in FRM Teaching Practices  Important in the development of FRM education for understanding management processes 1. Human Ecological Systems Framework (global) Family decisions by natural, social, and human-constructed environment; emphasizes on family-environment interactions 2. Practical Problem-Solving Framework Basis of persistent problems and what should be done What should be done to identify values, formulate goals, set standards, and make choices regarding management of human and nonhuman resources 3. Critical Thinking Framework (Specific) Use reflective thinking to decide what to do; be able to analyze problems, synthesize new alternatives, plans and evaluate. 4. I ntegrative Framework Requires both economic and a social-psychological approach of Family Study

17 Family Resource Management in Summary  Resource Management help students to: Learn how best to manage their resources by conserving energy, time, & money through effective planning Outline the steps in management process, and decision- making process Opportunity to develop consumer skills, and gain knowledge on fundamental managerial tools Aids in identifying own personal goals, resources, values and guides people to make more inform choices about possibilities in face of life challenges

18 Web Resources BC Association of Family Resource Programs Resources for Educators, Volunteers, Private/Public Corportate District 69 Family Resource Association BC Resources for Educators, Volunteers, Private/Public Corportate  Programming Topics for Family Resource Management Specialists:    Education/Career paths for FRM Specialists  (Consumer Services, Family Financial Services)

19 References Reference: Retting, K. D., Rossmann, M. M., & Hogan, M. J. (1993).Educating for Family Resource Management. In M. Arcus, J. Schvaneveldt, & J. Moss (Eds.), Handbook of family life education, v. 2 Foundations of family life education (pp ). Newbury Park, CA: Sage. Goldsmith, E. B. (2004). Resource management for individuals and families. Belmont, CA: Wadsworth. Goldsmith, E.B. (2005). Consumer economics issues and behaviors. Engelwood Cliffs, NJ: Prentice Hall. Joanos, B. L. (1991). Life management. Engelwood Cliffs, NJ: Prentice Hall

20 The End.