12 Chapter 1 Personal Finance: An Overview
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It is easy to overlook some of these resources. People often do not see their
possessions as resources or as a means to achieving goals. Consider the
resource value of a computer, camera, car, time, and other things available
for your use.
You often can make use of public resources, such as libraries, parks,
recreational facilities, schools, and public transportation. For instance, can
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The people in your life often serve as resources, too. Parents, friends,
teachers, and neighbors are among the people who may be helpful resources.
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Everyone has different amounts and types of resources. To be a good
manager, you need to identify all the resources available to you. As you plan
the use of your resources, keep the following tips in mind.
¶ Resources are scarce. The amount of available time, energy, money, land,
and other resources is limited. By planning, you can make the most of
them.
¶ Resources are manageable. You can manage resources to meet specific
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items you cannot purchase with a single paycheck. Planning your
errands to follow direct routes and avoid backtracking saves time and
fuel. Reading a book when you are on a bus or in a waiting room makes
idle time productive.
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Use the resources available to you to achieve your goals.