TLE 2nd Quarter Reviewer

• Resources - Anything that can help you accomplish your goals
• Human Resources - SHown by members of the family such as abilities, talents, skills, knowledges, energies, attitudes, and health
• Material Resources- Refers to objects, things, or possession that you use daily to satisfy your needs and wants
• Priorities of the family - Goals and objectives in life
• Tangible - Resources that can you can see
• Intangibles - Resources that can't be touched or physically seen
• Money Income - Gets paid for working. Can be in the form of salary, pensions, wages, dividends, interests, royalties, vacations, profits, benefits, and rents.
• Cash - Coins and bills made by the government and given a certain value.
• Check - Piece of paper that serves as your payment when you purchase something
• Gift check - Certificate with a printed amount on it
• Credit card - Identifies the holder to have his or her purchase billed on a charge account
• Real or Nonmoney Income - Flow of goods and services user or available for any given period of time
• Direct Real Income - Material goods and services available to the family without the use of money
• Indirect Real Income - Material goods and services made available after an exchange is made.
• Expenses - Things that you buy or pay for
• Fixed Expenses - Expenses that you are obliged to pay regularly
• Variable or Flexible Expenses - Expenses that will vary in cost, depending on the family's current needs.
• Expenses paid by Employer - Special expenses not listed in our budget and vary from one person to the other
• Emergency Expenses - Expenses for unexpected events
• Household Accounts - Short-term records showing the income and expenditures of the family.
• Record Sheet System - Loose sheets with columns
• The Cash Payment System - Place money in several envelopes. Each item of expenditure has its own envelope. Write the amount and the item name on the top of the envelope.
• The Pure Sheet Accounting System - A large envelope either single or double is used. All bills are placed inside the envelope and recording is done at a convenient time.
• Notebook - A loose-leaf or bound notebook can be used for keeping household accounts
• Card-File System - Cards are arranged according to the different items of expenditures
• Time - is a Gift
• Effort - The strenuous mental or physical exertion of performing a task.
• Energy - In managing your own energy resource, your plan must be a very personal.
• Planning – Thinking in advance and putting your thoughts in order.
• Tape measure - used to take body measurements
• Ruler -  used to measure small details
• Tailor's square - used to measure and to help establish the crosswise grain and the bias grain on the fabric.
• Skirt marker - used to measure and mark hemline
• French curve-used to draw curve lines such as armholes and necklines
• Dressmaker's gauge - used to take detailed measurements such as the distance between buttons, buttonholes, pleats, and hems
• Dressmaker's shears - used to cut the fabric
• Pinking shears - used to finish seam edges to prevent from raveling
• Seam ripper - used to remove stitches from the seam
• Thread clipper - used to cut the hanging threads
• Buttonhole scissors - used to cut buttonholes