FCSE 3120 Chapter 11: family resource 11
30 Jan 2019
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What to wear, where to eat, route to work: don"t require a lot of thought, become habits. Major decisions: long term effects on a person"s life. Buying a home, getting married, having a baby: includes financial, relationship, health, career, parenting, & quality of life decisions. Forced decisions: occur without prior planning, can be thrust upon due to outside influences. Divorce: can redirect the planning process. Step 2 estimate resources: resources such as time, energy, money, information must be considered prior to a decision, resources may dictate the amount of alternatives one has. Step 3 considering alternatives: one must consider the number of alternatives that might be involved making a decision, narrowing down to one or two alternatives helps one make better decisions. Step 6 - evaluate: was the decision successful, was the decision the right one, should another alternative or action been done, post-purchase dissonance occurs when a person seeks advice or reassurance after making a decision.
