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(1.) 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. Choose an item that your family might want to purchase that is considered a major expense. However it may NOT be used or reproduced for electronic redistribution or for commercial or other non-Scouting purposes without the express permission of the U. All Rights Reserved Requirements © Copyright, Boy Scouts of America (Used with permission.) 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. Do the following: Prepare a budget reflecting your expected income (allowance, gifts, wages), expenses, and savings for a period of 13 consecutive weeks. 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). Scout's Name: _ Unit: _ Counselor's Name: _ Phone No.: _ Email: _ Please submit errors, omissions, comments or suggestions about this workbook to: Comments or suggestions for changes to the requirements for the merit badge should be sent to: Workbook © Copyright 2023 - U.S. Personal Management Scouts Name: Personal Management - Merit Badge Workbook of 21 2. This workbook was updated in October 2023.The requirements were last issued or revised in 2019 No one may add or subtract from the official requirements found on. When complete, present the results to your merit badge counselor.(There is a blank Sample Budget Plan table and a blank table for tracking your actual income and expenses that you can use at the end of this. Attachment (NOTE: It is not necessary to print this page.) of 20. 12 of 13 Table for Tracking your actual income, expenses, and savings for 13 consecutive weeks. Making a BudgetIt Is All Spending (Lesson Plan) Students discover that all elements of a budget are essentially spending on goods and services. Personal Management - Merit Badge WorkbookPage. Personal Management - Merit Badge Workbook Page. If a requirement says that you must take an action using words such as "discuss", "show", "tell", "explain", "demonstrate", "identify", etc, that is what you must do. Sample Budget Plan Budgeted Amounts Actual Amounts Tot. You should use the work space provided for each requirement to keep track of which requirements have been completed, and 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 Merit Badge Counselors may not require the use of this or any similar workbooks. Personal Management Merit Badge Workbook This workbook can help you but you still need to read the merit badge pamphlet.