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Personal Management MB

Merit Badges

Eagle

This is a By Appointment Badge

*Scouts sign up for appointment times with the Eagle Staff, during the times listed below, in order to discuss and review the requirements they have completed, whether it was done before camp or at camp.

Monday thru Friday

9:15 am – Noon

2:00 pm – 5:00 pm

Monday and Tuesday Evenings

7:30 pm – 9:00 pm

Where: Eagle Lodge

Ages and Stages Recommendation: Scouts 15 years old and up

Pre-Req’s:

  • Requirement 1: Do the following-
    a. Choose an item that your family might want to purchase that is considered a major expense.
    b. Write a plan that tells how your family would save money for the purchase identified in requirement 1a.
    1. Discuss the plan with your merit badge counselor
    2. Discuss the plan with your family
    3. Discuss how other family needs must be considered in this plan.
    c. Develop a written shopping strategy for the purchase identified in requirement 1a.
    1. Determine the quality of the item or service (using consumer publications or rating systems).
    2. Comparison shop for the item. Find out where you can buy the item for the best price. (Provide prices from at least two different price sources.) Call around; study ads. Look for a sale or discount coupon. Consider alternatives. Can you buy the item used? Should you wait for a sale?
  • Requirement 2: Do the following-
    a. Prepare a budget reflecting your expected income (allowance, gifts, wages), expenses, and savings. Track your actual income, expenses, and savings for 13 consecutive weeks. (You may use the forms provided in this pamphlet, devise your own, or use a computer generated version.) When complete, present the results to your merit badge counselor.
    b. Compare expected income with expected expenses.
    1. If expenses exceed income, determine steps to balance your budget.
    2. If income exceeds expenses, state how you would use the excess money (new goal, savings).
  • Requirement 8: Demonstrate to your merit badge counselor your understanding of time management by doing the following:
    a. Write a “to do” list of tasks or activities, such as homework assignments, chores, and personal projects, that must be done in the coming week. List these in order of importance to you.
    b. Make a seven-day calendar or schedule. Put in your set activities, such as school classes, sports practices or games, jobs or chores, and/or Scout or church or club meetings, then plan when you will do all the tasks from your “to do” list between your set activities.
    c. Follow the one-week schedule you planned. Keep a daily diary or journal during each of the seven days of this week’s activities, writing down when you completed each of the tasks on your “to do” list compared to when you scheduled them.
    d. Review your “to do” list, one-week schedule, and diary/journal to understand when your schedule worked and when it did not work. With your merit badge counselor, discuss and understand what you learned from this requirement and what you might do differently the next time.
  • Requirement 9: Prepare a written project plan demonstrating the steps below, including the desired outcome. This is a project on paper, not a real-life project. Examples could include planning a camping trip, developing a community service project or a school or religious event, or creating an annual patrol plan with additional activities not already included in the troop annual plan. Discuss your completed project plan with your merit badge counselor.
    a. Define the project. What is your goal?
    b. Develop a timeline for your project that shows the steps you must take from beginning to completion.
    c. Describe your project.
    d. Develop a list of resources. Identify how these resources will help you achieve your goal.
    e. If necessary, develop a budget for your project.

What to bring:  

  • A copy of the Personal Management MB Worksheet, in order to keep track of the requirements you complete.
  • The list of items you and your family came up with from Requirement 1b3.
  • Your Tracking Sheet for you income, expenses, and savings from Requirement 2.
  • Bring your “To-Do” List, 7 day Schedule, and Diary from requirement 8.
  • Your written project from requirement 9.

Important Notes:

  • Scouts need to be proactive and prepare when taking the By Appointment Merit Badges offered at our Eagle Dept.
  • Appointments are “First Come, First Serve”, so please do not wait.
  • There may be times set up to complete requirements that need a group setting.

Helpful Links:

 

Requirements:           Click Here! This page also provides links to information regarding certain requirements, which should prove to be helpful in preparing to take this merit badge at camp. This site offers reference sources in and below the requirements in order to make answering the questions easier. Scouts should use these resources to become more familiar with the material, and be better prepared for the class.