Bicol University
COLLEGE OF INDUSTRIAL TECHNOLOGY
Bachelor in Technical Vocational Teacher Education
Legazpi City
Name: Jude M . Bien
Course/Year/Block: BTVTED – Food Service and Management 2D
Subject: Home Economics
Date: February 7, 2024
This study highlights how family resources, both tangible (like money) and
intangible (such as skills and time), play a crucial role in managing a household. It
categorizes resources into human (qualities like knowledge and energy) and material
(physical items like money and goods). It stresses the importance of using these
resources wisely to make a home unique and prosperous.
The concept of resource management is introduced as a way of making decisions to
effectively use limited family resources. Strategies like increasing resource supply,
enhancing utility, alternative use, balanced utilization, and ensuring satisfaction are
suggested.
The study introduces the idea of a monthly budget as a practical tool for managing
limited resources, emphasizing its role in creating awareness, maintaining balance,
encouraging savings, saving time and energy, and ensuring the family's well-being. In
simple terms, the study concludes that understanding and managing family resources
wisely are key to achieving household goals and maintaining a happy and balanced
home.