Resource management

Time management 

• Important that time is given to necessary routines & socialising
• Important every individual has free time and family time
• More women work so important that all able members of the family share household chores, according to age,physical heath and capabilities
• Children expected to take responsibiltiy age appropriate tasks as children grow up more equitable division of time, so no single member is overburdened.
• Parent need to be responsible for childrens time for school work and bed times to ensure enough sleep to cope with school and work
• Consideration should be given about task that need to be done daily and others less frequently, when distributing chores

Energy Management

• Includes personal human enrgy as weel as fuel and heat energy (points for human energy in time management)
• Human energy involved in running & maintaining a home, any feature/equipment aimed to make home easy to clean and managemnt save time and human energy
• Well designed house that is suitable size will save time& energy, effort not wasted on unused space or cramped spaced that is difficult to maintain
• Easy to clean surfaces with be easy to clean minimise dust and dirt collecting
• Easily accessible storage, things can be stored saves time looking for things
• Technological fixtures- lighting, heating, air-con. controlled by sensors/thermostat easy to get confortable living environment
• Temperture controls- setting on heating, fridges save energy kwwp temperature regular without manual attention
• Dishwashers/washingmachines save human energy, can be set then left. however careful in terms of electrical energy used should only be used when full.

Money Management

• good money management requires an evaluation of total income forom all sources and a budget
• realistic budget must include;regular expensive,allowing extra money for saving or emergency e.g car repairs
• if household has has either very young or elderly people may be extra medical/childcare/heating/dietary costs
• online banking/shopping save time and increase awareness of how much your spending (comparision websites)
• online food shopping save petrol, and impulse buying
• comparison websites - if planning on major purchase (e.g. a car)

Reducing fuel energy

• Fuel energy is major household cost, can be reduced with effective insulation and right heating system
• New housing must comply with building regulations that stipulate need for good inslulation. - can be added if not addequate in orginal build
• Cavity wall insulation & double glazing
• Hot water cylinder lagged to save fuel energy
• Central heating prgrammed to come on when needed, only when house has people in, radiators set to specific temperatures
• Temperature setting on hot water can be set according to household needs
• lower temperature settings make it easier to save money on water/space heating
• solar power- expensive to install but cheap to maintain

Factors affacting time, energy and money menagement

• number of people in a household
• ages of members of the household, very young and elderly with affect time and money, dependent members of the household involve additional cost, unable to contribute financially
• health of household- members suffer from ill health/disability greater consumer of resources, time, money
• Gender of household members, affect what they are able to do, what they perceive acceptable roles for men and woman (men-labor, women-chores)
• skills & talents of members, how they can contribute to money,time & energy available. (e.g good cook, save money can be inventive with small amounts of food)
• Geographical Location- location in relation to work/school/college. affects traveling costs, (public or petrol) also amount of time to get to and from
• location, affect cost of living, areas more expensive than others
• nature & size of the house- affect maintenance costs, heating/cleaning. (terrace usually easy to heat than a detached)
• nature and quantity of content- surfaces, equipment and furnishing affect how time consuming to maintain
• labour saving appliances 

Time and energy saving techniques

• timers - allow household appliance to be set to prgram so they can operate alone while other activies can be completed. e.g dishwasher
• email- quicker than waiting for the post, saving also on the postal fee and phone bill, saves frustration of delayed post
• labour saving equipment- food mixers/processors save both time and energy
• fridges/freezers- can store perishable foods so that shopping needs to be done less frequently, bulk cooking can be saved for another day saving time on cooking
• news items, radio & TV- can be acceseed by internet so you don't have to be at home to see or hear a broadcast allowing you to get on with other things

Interrelationship between time, money and energy

By interrelating it is easier to reduce the consumption of each, maintain a balanced yet affordable diet and ensure we remain healthy, some of the following statements illustrate how resources interlink together:

• People with little time spend more on convinience foods not beneficial to our diets.
• Income will influence amount spent on food.
• Time switches can be used to save money
• Amount of money we have will depend on how we look after our health, which affects energy levels.
• Children can help if parents have less time.
• If you have the time shopping wisely can save money.
• Occupation decides income.
• Thermostats can save energy.
• Insulating the home saves energy.
• Good budgeting ensures all bills are paid.
• A well designed home saves energy.
• Many women now work leaving them less time for housework.

Sources of Income   

• Wages and Salary
• Self - employment and rent
• Property development
• Benefits and Pensions
• Grants, transfers from abroad.
• Interest on savings and investments
• Allowances.
• Gifts
• Lottery wins