1. Lesson 3 Consumer Science
LEARNING TO MANAGE
Lesson 3
Consumer Science

2. Key Terms
Prioritize- decide which goal and activity is most important to you
Short-term goal-something you want to accomplish soon.
Long-term goal- something you plan to accomplish further in the future.
Resource-something you can use to achieve a goal.
Resourceful- people who are able to use creative problem solving to manage their resources wisely.
Contingency plans-alternative course of action that could help overcome potential obstacles.

3. Notes
This chapter focuses on establishing priorities and setting achievable goals. It discusses the benefits of setting goals and describes different types of goals. It also explains how to identify resources that can help people achieve their goals and how to use resources effectively.
One of the many challenges of the teen years is to learn to manage you own life.

4. Notes Over the next few years you will need to decide:
How you will earn a living?
How you will spend your time?
How you will use your resources?
How you will reach your goals?

5. Notes
Learning the basics of managing now will help you in the short term and longer term.
It will help you determine:
Your Priorities
Setting career goals
Personal goals
Using your time, money, energy and other resources effectively
Find ways of balancing your work and social life.

6. Notes
Managing your life starts with determining what your priorities are.
When you prioritize you decide which goals and activities are most important to you.
Identifying your priorities gives you a direction to follow as you learn to manage your life.

7. Needs and Wants Needs are those things you must have for survival.
Food
clothing
Shelter
Wants on the other hand are:things that you desire but that aren’t essential.
Good managers focus on meeting needs
before wants.

8. The Role of Values When setting priorities examine:
beliefs
Ideas that guide your life
Your values help steer you toward what is right for you and away from activities that are not in your best interest.

9. Differing Priorities Priorities differ from person to person.
Figuring out your priorities isn’t a one time job.
Right now your list might include getting your driver’s license or finding a part time job.
Life changes cause priorities to change and shift.

10. Setting goals
A goal is something you aim to achieve and are willing to plan and work for.
The ability to set and meet goals is a basic tool for managing you life.
Like priorities, your goals are personal.

11. Setting Goals
The goals you choose are influenced by your own particular
Needs
Wants
Values
Priorities.
Families, businesses, communities, and other groups or organizations often set goals to accomplish as well as individuals.

12. Setting Goals Goals give direction and a sense of purpose.
Achieving goals gives you:
a sense of accomplishment
boosts your self-confidence
improves your self-esteem.

13. Short-term and long-term goals
A short-term goal is something you want to accomplish soon.
Examples of short-term goals
baking brownies for tomorrow’s bake sale
A long-term goal is something you plan to accomplish further in the future, perhaps in six months, a year, or after you finish high school.

14. Fixed and Flexible goals
A fixed goal is one that can be met only at a certain time.
Fixed goals are often tied to specific dates over which a person has no control.
Flexible goals, on the other hand have not definite time limit.
Building your savings is an example of a flexible goal.

15. Fixed and Flexible Goals
Fixed and flexible goals can be either short or long term goals.
Preparing to take the SAT test in six months is a fixed short term goal.
Distinguishing between fixed and flexible goals helps you better manage your time in order to meet them.

16. Aiming for Success
To make your goals a reality, you need to stay focused and motivated.
Many people have found these suggestions helpful:
Analyze your goals
Be realistic
Put goals in writing
Follow through

17. The Management Process:
This is a systematic way of working toward your goals.
Planning
Organizing
Implementing
Evaluating
Think of the management process as a road map.
It helps you find the most effective ways to use your resources in order to achieve your goals. The more complex the task or project, the more important the management process becomes.

18. Planning “If you fail to plan, you plan to fail.”
When you take time to plan you can get more done and use your resources more effectively.
Successful planning includes:
Identify your goals
Establish your priorities
Assess your resources
Create a task list
Always have a plan B to fall back on in case problems occur that change your plan.

19. Organizing After the plan is made then next step is to get organized.
This will make your task go smoothly.
Steps for organization:
Create a schedule
Gather your resources
Implementing

20. Implementation
Now that you have planned and organized it is time to implement your plan.
Follow your plan and track your progress.
If you find that things are not working according to plan you may need to rework your plan or reexamine your priorities.
Evaluate
After you finish your work, you need to take stock of your plan and how well you carried it out. Doing so will help you manage more successfully in the future.
Evaluating helps you learn from your experiences.