CAFS AT1 Fundamental Concepts of Resource Management and Wellbeing

These flashcards cover key concepts related to wellbeing and resource management as discussed in the lecture notes.

Wellbeing

A measure of the state of satisfaction that an individual or group experiences when their needs are met.

Illbeing

A state or condition of lacking health, happiness, or prosperity; the opposite of wellbeing.

SPEECS

An acronym representing the factors affecting wellbeing: Social, Physical, Emotional, Economic, Cultural, Spiritual.

Individual Wellbeing

An individual's personal experience of happiness, satisfaction, and overall quality of life.

Group Wellbeing

The collective well-being of a group, encompassing the shared experiences, relationships, and outcomes of its members.

Safety and Security

A specific need crucial for the protection and stability of individuals, varying in significance across different life stages.

Maslow's Hierarchy of Needs

A tiered system that outlines people's needs, including Physiological, Safety, Love/Belonging, Esteem, and Self-actualization.

Needs vs. Wants

A need is essential for survival or basic functioning, whereas a want is something desired but not essential.

Resource Interchangeability

The concept where one resource can be exchanged for another to enhance wellbeing.

Resource Sustainability

The ability to make a resource last longer, which is often associated with non-renewable resources.

Human Resources

Skills, abilities, and talents that individuals possess, including energy, knowledge, and motivation.

Non-human Resources

Tangible or touchable items, such as food, clothing, shelter, and money.

SMARTER Goals

A method of goal setting ensuring goals are Specific, Measurable, Actionable, Realistic, Timely, Evaluated, and Rewarded.