Family Resources: Definition, Classification and Characteristics

The first connections for every individual in this world is her/his family. Family resources are the approach that may be utilized by the own circle of relatives to deal with tough situations; those encompass social, cultural, religious, financial and medical resources.

The family is a socially recognized unit of people united together by marriage or legal ties. Its ultimate aim is to provide for optimal development of its individual members. Management of own circle of relatives lets in us to triumph over our man or woman limitations. Through the aggregate of man or woman efforts and sources, we reap some distance greater than what we ought to do independently. Most households aren’t privy to all of the sources at their disposal, the nice and amount of sources that every own circle of relatives has, varies.

What is Family Resources?

Resources can be defined as anything we use to achieve what we want (our goals). In other words, they are the materials and human attributes which satisfy our wants.

Resources are the ones matters people and households want to gain their needs. Using Resources accurately enables households to perform their goals.

Anything which satisfies our wants or needs is called resource. Family resources are those matters which assist in attaining the own circle of relatives dreams. Without having resources, dreams can not be achieved. All resources are scarce and want management.

Family Resources Importance

Resources are important for us as we utilise them to satisfy our wants. Many minerals like iron, copper, mica etc. are used in industries for manufacturing various goods. Minerals like coal and petroleum are used for the generation of electricity. Natural resources like water and air are indispensable for human life.

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Types of Family Resources

The Family resources are broadly classified in to three, namely

1. Human Resources
2. Non-Human Resources
3. Community Resources

Human Resources

Human Resources are the ones characteristics which a character possess. Human Resources Are Parts of an character; they exist inside that character and might best be utilized by the character.

Also these resources are personal and unique to each person as human resources are exist within an individual. They have the excessive ability to gain what we need and lots of a instances won’t be cultivated or made available. Most of the time, households underestimate those sources and are ignorant of them.

Human resources includes,

1. Knowledge
2. Skill
3. Attitude
4. Interest
5. Human Energy
6. Time

Knowledge 

• It is vital to be conscious of factors if you want to gain what we need.
• If we need to shop for a T.V we want to realize what capabilities to appearance for, manufacturers available.
• This will assist in shopping for a higher great product.

Skill

• These are inherited and acquired.
• These may also encompass capabilities like cooking, decorating, gardening. Each character has unique talents with which he/ she will be able to attain his/her goals.
• These capabilities also can be advanced with the aid of using systematic getting to know and practice.

Attitude

• These are reviews or feelings someone has toward a aspect which might also additionally preclude or assist in achieving his goals.
• A high-quality mindset might also additionally assist someone acquire what he/she needs while a terrible mindset might also additionally hinder him/her in attaining what he/she needs.

Time

• It is regular for everyone, 24 hours a day.
• The manner someone man-a while and makes use of her time is her personal choice.
• A pupil might also additionally end all of the paintings earlier than going to play; some other might also additionally waste his time watching tv or speaking at the cell phone.

Human Energy

• This is each intellectual and bodily strength of a person.
• To gain goals, one desires to plan, organise and subsequently put into effect the plans.
• This could require each intellectual and bodily energy.

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Non-Human Resources

Non-human resources already known as Material resources. which is exist outside the people or the family, but they can be controlled by the family.

Material or Non-human sources are money, possessions and equipment. They make own circle of relatives works easier. These sources belong to the own circle of relatives, own circle of relatives individuals have proper over them, manage and employ them the manner they want.

Examples of non-human resources include: houses, cars, books, tools,  refrigerators, gas, etc. Material sources supply happiness and satisfaction. Proper use of fabric sources makes existence easier. These are substantial and are more identifiable.

These Non-human resources classified as,

1. Money
2. Material Goods
3. Energy
4. Space

Money

• Money is one of the very important resource that can be used to get most of the family need.
• Money is used to measure the value of the property that an individual have.
• Money additionally be used for future use and for this reason offers a experience of protection security to the family.

Material Goods

• Material goods consist of long lasting items or perishable items used and owned through a own circle of relatives of their normal use. Land, house, fixtures and car are examples.
• These assist to make existence simpler and extra snug for all own circle of relatives members.
• Durable items like land also can assist households to earn or store cash.
• If veggies are grown on land, the own circle of relatives can store cash on shopping for veggies or promote those veggies to earn cash.

Community Resources

Community assets encompass market, motor parks, schools, hospitals, churches, leisure facilities, police stations, courts, counselling centres and different institutions. Provision of some of these assets with the aid of using the network enables in enhancing the right makes use of of human and fabric assets with the aid of using households and people which assist them remedy their troubles and be happy. All families can access these facilities by indirectly paying for them through taxes beyond directly paying for them.

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Characteristics of Resources

All the Resources have fundamental traits as diagnosed through the senior control specialist. But in every case one have to have records to be had approximately the capability of all to be had assets so that you can faucet them effectively. Then best one might be capable of preserve and judiciously use the assets. There are 3 critical traits of all assets.

1. All resources are useful and all help to achieve goals.
2. All resources are limited.
3. All resources are inter-related.
4. Resources can be substituted.
5. Resources are Accessible.
6. Resources are Interchangeable.
7. Management Process can be Applied to all Resources
8.  Quality of Life is Determined by the Use of Resource.

All resources are useful and all help to achieve goals

The definition of useful resource itself is indicative of this character. All useful resource have utility, this means that they have got the need enjoyable power. The cost or usefulness of any given detail is diagnosed in terms of a particular goal.

Example: Money can be maximum treasured assets whilst buying a commodity. It can be a vain useful resource to by skip an examination.

All resources are limited

All useful resource are scarce and a few are greater scarce. If all assets have been in abundance, control could were unnecessary. The assignment for control lies withinside the shortage of assets and nonetheless being  capable of reap the goal. The limits of every useful resource should be assessed in terms of the unique desires to be achieved. The dilemma at the assets can be each quantitative and qualitative. The quantitative boundaries may be accurate.

Though the assets like energy, intelligence may be quantified they can’t be assessed as measurable assets. Money can fluctuate from different assets, because of this that that it’s far limited, however on the identical time it may be procured thru the funding of human useful resource. The nice variations in assets can’t be measured, however may be without problems identified.

Example: time, cash etc.

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All resources are inter-related

Individuals frequently can also additionally should use a ‘useful resource blend’ or mixture of various assets to obtain the own circle of relatives dreams. This mixture or blend of assets differs from person to person and own circle of relatives to own circle of relatives.

Decisions can’t be taken up with use of 1 or assets a few of the numerous to be had assets in isolation to obtain the dreams. But through simultaneous utilization of all of the assets to be had the dreams may be achieved. Hence use of assets is constantly an interrelated process.

It is the combination of all of the required assets, that is an essential step in figuring out whether or not or now no longer a purpose could be attained. However, in identity of assets, options may be labored out as a way to alternative or update any useful resource if the want arises.

Example: time and energy

Resources can be substituted

One can trade one useful resource for another. A own circle of relatives makes use of time, ability and power of a servant and offers her cash in trade. Similarly, cloth items may be sold in trade of cash. One can trade information with the aid of using paying lessons fees.

Resources are Accessible

Resources are the ones assets, that are on hand for use. Skills of youngsters come to be own circle of relatives aid simplest whilst youngsters are to be had to assist the homemaker. Resources are on hand in various characteristics or quantities. Some are clean to degree and others are difficult.

Accessibility of material resources is easy to measure but some other human resources, though accessible, are difficult to measure. For example if a friend goes to the college in a car and gives another friend lift regularly, even friend’s car can be considered resource. On the other hand, emotional support and courage are difficult to access, unless demanded though always they are part of human beings.

Resources are Interchangeable

All resources to a sure quantity may be substituted for or interchanged with any other useful resource. In the instances in their scarce availability, or really for saving cash, time, strength or environment, one useful resource may be used withinside the area of the other. A fabric useful resource may be interchanged with any other fabric useful resource to store cash or strength or maybe environment.

For example if the cost of coffee beans goes up, it can be substituted with tea leaves to save that extra money spent on buying coffee.

A material resource can also be substituted by human resource in case latter is scarce or visa versa. For example if a home manager has little time or energy resource to do household work but has the money resource, she can hire paid help to do the work thus exchanging material (money) resource for human (energy) resource.

Reversing the use of these two resources in another situation is also possible. For example, if a’ home manager has the talent of being a good cook, she can earn material (money) resource in exchange of her human (energy) resource by supplying food for sale. Therefore, it is seen that it is possible to interchange one resource for another resource depending upon their availability, need and situation.

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Management Process can be Applied to all Resources

In general, households want to be aware about the ability availability zero assets in the own circle of relatives. Sometimes a homemaker may also fail to comprehend the human aid to be had withinside the own circle of relatives which will be applied in preference to the use of most effective the scarce assets like money, her time or energy. Lack of assets may also lead them to experience uncomfortable and poor.

• getting more resources
• making our resources more productive and
• changing our standards

All assets are doable to a few extent. Their quantity, quality, waft and their use may be regulated to sure degree. Thoughtful planning, organisation, manage and assessment can assist someone in deciding on the proper useful resource on the time while that useful resource is in maximum call for and while it could get the excellent results.

For example, careful choice of savings and investments for the higher education of one’s child require a long term planning on how and how much money should be saved every month, besides organising the family efforts, control of money expenditure and evaluation of their activities. All these efforts will ultimately ensure that there are enough funds to cover for higher education. The task of saving money cannot be achieved by a homemaker without the understanding of process of management.

Quality of Life is Determined by the Use of Resource

It is clear that desires may be carried out handiest thru the usage of assets and their management. Therefore, the top-rated distribution of assets determines the diploma to which a own circle of relatives is virtually Striving toward a specific goal. Maintaining the fitness of the own circle of relatives participants might be finished with the aid of using right usage of cash and meals assets consistent with the dietary necessities of the own circle of relatives participants. Time, electricity and know-how also are important to meet those desires.

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