Title: Research how financial resources meet the goals of individuals and families.
Course: Career, Community, and Family Connections (19299-36) > Section: Managing Family Responsibilities

Research should include

- identification of the components of a budget
- definition of personal and family short-term and long-term financial goals
- consideration of the changes in financial needs throughout one's life span.

Process/Skill Questions:

Thinking

- What are some short- and long-term goals families have?
- What are some benefits of having a financial plan?

Communication

- What communication skills are necessary for a family to develop a budget?

- What can family members do to communicate the need for following a financial plan?

Leadership

- What are the implications of developing a long-term financial plan on self? On family?
- What role should each family member play in developing a financial plan?

Management

- What resources are available to the family for financial planning?
- How often should a financial plan be reviewed?