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Both the reliability and validity of the Family Resource Scale (FRS) are described. The FRS is a 30‐item rating scale for measuring the adequacy of resources in households with young children. The ordinality of the items, rank ordered from the most to least basic, was established in a study of 28 professionals. Both the reliability and validity of the scale was established in a second study of 45 mothers of preschool‐aged children. The utility of the FRS for assessment and intervention purposes is discussed.