Abstract

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Members of the family can create wealth for the family’s survival by engaging themselves in many handcrafts, using simple equipment, in order to earn their living and live comfortably. The paper examines wealthcreation through handcraft for diversification of family economy, by looking at what wealth creation is and the strategies to employ for wealth creation. It also looks at various handcrafts members of the family can be engage in and what factors to consider before selecting any handcraft. Also, it looks at ways handcrafts candiversify the family economy. Family member should bear in mind the money at hand, time for the completion of the chosen craft and the expected audience should be considered before starting any handcraft. It was recommended that the chosen handcraft by family members should be relevant to the societal needs, within the family’s means and income, the craft must also be creative and innovative, as well as it being pleasing to the eyes

Keywords: Family Members, Wealth Creation, Handcrafts, Family Economy