Summary family resource management In-class activity

Family resource management In-class activity family - units where members strive to meet the needs of all members while maintaining that family unit over a period of time identification of resources to meet specific needs guided by - culture availability accessibility commuting couples - both work , separate homes. more money, less family management 5 steps to the decision making process - 1. recognize existing needs 2. identify alternatives to fulfill identified needs 3. evaluate identified alternatives 4. select and implement alternatives 5. reflect and evaluate alternative selected family resource management - an understanding of the decisions individuals and families make about developing and allocating resources including time, money, material assets, energy, friends, neighbors, space, to meet their goals difference between frm and business mgment - business: tangible, hierachial family: emotional, personal, intangible influences on decisions - socialization ability personality experience knowledge low self esteem leads to indeciseveness indecisiveness leads to - inaction avoiding decisions rational model of decision making - decision of long lasting impact ex. Medical treatment bureaucratic model of decision making - low risk decisions contextual influences on frm - historical cultural environmental financial emotional mental/intellectural spiritual physical historical influences - new ways of thinking→ new behaviors. -the way in which todays egalitarian family acquires and uses resources is radically different than previous decades cultural influences - family experience o worldview o diversity o time, relationship between human and nature, human activity value, relations environmental influences - limited resources based on location/geography -availability and accessibility of resources greatly influence how they are used financial influences - having the money to purchase goods and services o poverty: generational vs. situational o situational: lost job, natural disasters→ easier to bounce back o poverty level family of four in 2001: $18104. In 2010: $22050 per year o lack of job, house o drop out rates emotional influences - being able to choose and control emotional responses, particularly to negative situations without being self destructive -persistence/resiliency, not resorting to bad habits mental/intellectual influences - having the mental abilities and acquired skills (reading writing computing) to deal with daily life -IQ from parents. -critical thinking -social -initiative -not just sat -time management, study skills, financial planning spiritual influences - broad range of beliefs relating to finding purpose/guidance/harmony -various sources -help from higher power/support networks -quiet time to reflect physical resources - physical health and mobility, illness/work, daily tasks, psychological ailments (crossover with other resources) normative factors -normal to you/family - practical best use of time ex. better off to get a job in poverty ex. teenage pregnancy for financial aid or love 5 dimensions of worldview framework - person/nature time sense activity social relations human person/nature - subjugation to harmony with mastery over time sense - past present future activity - being becoming doing social relations - lineal collateral individualistic human - evil good mixed us worldview - time is lineal future is anticipated time is limited competition is constructive fast drivingpace material acquisition inndividualistic mixed and good household - for US census group of 2 or more related by birth marriage or adoption and residing legal system definition of family - nonspecific common residence, economic interdependency, stability, commitment based on functional and psychological qualities of the relationship-exclusivity and longevity, level of emotional and financial commitment, reliance, how members conduct they everyday lives gray areas - cohabitation (2 unrelated adults of opp sex sharing same living quarters domestic partners structural functionalist theory - 4 basic functions : loyalty, adaptation/ability to change, integration of members, goal attainment/mobilization of resources -too traditional and narrow family systems theory - when something occurs to one family member, all members are affected social exchange - family members have individual motivations members barter personal resources within the family family members have individual motivations influencing the behaviors they select differences among members create situations where personal resources can be bartered/exchanged to further ones self interests children rely on parents for resources but are expected to provide resources when they're older symbolic interactionism - interactions of family members such as talk, gestures, actions and shared beliefs create that families particular reality