1. What is the meaning of Family Resources and its two classification? Differentiate
one from another and provide an example.
2. Why are Resources very important in achieving of our goals or dreams in life?
3. Do we need to prioritize Needs than Wants? Why?
1.Resources can be defined as anything we use to achieve what we want (our goals). In other words, they are the materials and human attributes which satisfy our wants.
2.Top-level athletes, successful businesspeople and achievers in all fields all set goals. Setting goals gives you long-term vision and short-term motivation
3.yes its important to prioritize and organize your budget to make sure that you have a disciplined way of saving and spending your money. You will definitely feel more at a disadvantage if you cannot pay for your basic necessities such as food, clothing, and shelter