Every day, individuals and family groups make choices or decisions to use the family resources to achieve their goals. Family resource management centers attention on family life as a whole, on the total goals of the family, and on how these goals can be reached for the greatest satisfaction of the family.
Management is the activity of facing and solving problems.
Management is a process of planning, controlling, and evaluating the use of available resources to reach goals. The management process involves careful decisionmaking. Its function is to reach the goal with the least expenditure of time, energy, and money and through making the best use of other resources. In other words, management is the art of getting the best results from the use of all resources with the least effort to secure maximum welfare and happiness for all family members. Management working at its best requires imagination and creative thinking.