sample budget personal management merit badge

#Sample budget personal management merit badge full#

Pellegrino says this requirement is essentially meaningless if the Scout doesn’t have a job and if his parents pay his way for everything. Requirement 2 has the Scout prepare a budget of expected income, expenses and savings, and then track those categories over a 13-week period. How effectively he does that could depend on what he learns from the Personal Management merit badge.įor t ips on teaching this important badge, Scouting talked with Mark Pellegrino of Yardley, Pa., a CPA who’s been counseling the badge for 35 years. But he will undoubtedly need to manage his time and money. Your understanding of how the amount of money you have with you affects your spending habits.After he leaves your troop, a Scout might never cook over a campfire, hike into the wilderness or use CPR to save a life. The emotions you feel when you receive money.Ĭ b. Discuss with your merit badge counselor FIVE of the following concepts: c a. With your merit badge counselor, discuss what you might do differently the next timeģ. Compare your budget with your actual income and expenses to understand when your budget worked and when it did not work. (There is a table for tracking your actual weekly income and expenses that you can use, at the end of this workbook, together with a partially completed example.)Ĥ. (You may use the forms provided in this pamphlet, devise your own, or use a computer-generated version.) When complete, present the records showing the results to your merit badge counselor. Track and record your actual income, expenses, and savings for 13 consecutive weeks (the same 13-week period for which you budgeted). If income exceeds budget expenses, state how you would use the excess money (new goal, savings).ģ. However it may NOT be used or reproduced for electronic redistribution or for commercial or other non-Scouting purposes without This workbook may be reproduced and used locally by Scouts and Scouters for purposes consistent with the programs of the Boy Scouts of America (BSA), the World Organization of the Scout Movement (WOSM) or other Scouting and Guiding Organizations. Requirements © Copyright, Boy Scouts of America (Used with permission.) Discuss the plan with your merit badge counselor. Write a plan that tells how your family would save money for the purchase identified in requirement 1a.ġ. Choose an item that your family might want to purchase that is considered a major expense.ī. Please submit errors, omissions, comments or suggestions about this workbook to: or suggestions for changes to the requirements for the merit badge should be sent to: _ _ _ _ _Ī. Scout’s Name:_ Unit: _Ĭounselor’s Name: _ Phone No.: _ Email: _

This workbook was updated in September 2020.

The requirements were last issued or revised in 2019 No one may add or subtract from the official requirements found in Scouts BSA Requirements (Pub. Merit Badge Counselors may not require the use of this or any similar workbooks. 'tell', 'explain', 'demonstrate', 'identify', etc, that is what you must do. If a requirement says that you must take an action using words such as 'discuss', 'show',

#Sample budget personal management merit badge full#

You should use the work space provided for each requirement to keep track of which requirements have been completed,Īnd to make notes for discussing the item with your counselor, not for providing full and complete answers. You still must satisfy your counselor that you can demonstrate each skill and have learned the information. This Workbook can help you organize your thoughts as you prepare to meet with your merit badge counselor. This workbook can help you but you still need to read the merit badge pamphlet.