Jemuel is an electronics engineer, software engineer and author of articles about electronics, technology, personal development and finance.
Do you know the importance of home management?
Home is chaotic without management. Parents must know their responsibility in keeping home safe, secure and peaceful. The following list shows the factors to consider in home management.
Resources of the Family
Family resources refer to money, goods, and services that the family receives at any given time. The wise use of these resources helps in the achievement of family goals.
Here are the two groups of family resources:
1. Human Resources
These resources are within the family members themselves. They should develop these to the fullest to contribute their best to the home. Each member of the family has the following resources:
- attitudes, opinions and feelings
- knowledge attained at home or outside the home
- energy is the power of each member to do work
- abilities and skills
2. Nonhuman Resources or Material Resources
These resources are more visible and concrete since actual evidences of these resources can be seen. These are the following:
- Time is the most constant resource since everyone has 24 hours a day.
- Money is a resource that can be used to buy services, goods and commodities.
- Goods, property, and other investments that are owned by the family.
- Facilities of the community that are offered free of charge. Parks, schools, roads, police and fire protection, markets, medical facilities and free cultural shows are free and available for the use of families anytime.
The resources that the family has differ in amount and kind. A family uses different amounts and combinations of resources daily. Management then becomes important for the wise use of its resources. Money may be plentiful today but limited the next day. If the family members have poor health, their capacities for work are reduced.
To be able to use one's resources wisely, the following guidelines may be followed:
Identify all the family resources that the family receives at a given time.
Make a list of the family's income from wages and other sources. Indicate the goods and services that come free as part of the family income too. An example of this is a sack of rice received free every month. This may either come from the company where one is employed.
Involve the family in the planning and use of the resources.
All family members should be included in making plans. Each member should be made to understand how much the family has and how it is being used. In this way, the children will not make unnecessary demands and their cooperation can be attained when needed. It is advisable that parents will teach their children the effective money management tips.
Make a list of priorities.
Find which among the family needs and wants are more important and should be given priority. The list must be well-planned and accurate according to the demands of family members. In this way, expenses at home will be greatly reduced.
Evaluate plans periodically.
Include priorities and goals in the evaluation. Make the adjustments whenever necessary for the welfare of the whole family.
Decision Making in the Management of the Home
Decisions are made everyday. All the activities in the management process involve decision making. This includes planning, organizing, controlling, and evaluating.
Planning. This is the first step in management. It is the basis for other activities in the management process. With goals, planning becomes easier. A plan is a forecast of some actions. There are long term and short term goals. Long term plans involve planning for a longer period of time like a plan for a year or five years. Short term plans are made daily, weekly or monthly. These are made to achieve the long term plans.
Planning should be shared by all members of the family. It should consider the needs of the family members. It should be realistic and flexible enough to make the needed changes in the use of family resources.
Organizing. Organization is needed so that all the activities included in the plans are carried out successfully. Persons going through these different activities should be assigned by the manager. The work is assigned to a person should fit his age, ability, and skills. The same is true in the home. The manager is either the father or the mother. Every member of the family is expected to do his part well.
Controlling the plan. Controlling is checking if the work is carried out as planned, using a set of standards. A standard on what is to be done guides the action or performance of the family members in doing the work activity. It must be flexible enough to suit the situation and the capacity of the person doing it.
Controlling is needed to make sure that the activities are done according to standards in order to get the desired results. It involves close follow-up to see to it that the activities are in the right direction and done according to the plan. Correct direction and guidance are required to help control the plan in operation. Greater success will result if all the activities are planned into a coordinated whole.
Evaluating the results. Evaluation is a part of controlling. Follow-ups and check ups form part of evaluation to see whether things are turning out as planned. If the family goals are attained, the plan is a success. If not, the plan is a failure.
Intelligent and objective evaluation is needed. Evaluation should be made at anytime of the plan or at every step of the way to see if there is progress. It will help the family decide whether to go on with the plan or to change directions.
This article is accurate and true to the best of the author’s knowledge. Content is for informational or entertainment purposes only and does not substitute for personal counsel or professional advice in business, financial, legal, or technical matters.
© 2013 Jemuel
Jemuel (author) from Cebu, Philippines on November 12, 2013:
You're welcome Maric! I'm glad to know that you appreciate this hub.
Mahir from Bosnia and Herzegovina on November 12, 2013:
Awesome hub, thanks for effort that is included in this hub.
Jemuel (author) from Cebu, Philippines on November 12, 2013:
Thank you so much @My Cook Book! I am glad that this hub helps you.
Dil Vil from India on November 11, 2013:
So useful, thank you for the info. Good hub, voted UP.