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Personal Management Merit Badge Pamphlet - Interactive Digital

Item: 622499

Availability: In Stock

$4.99
This newly updated, interactive digital version of Personal Management Merit Badge Pamphlet allows more room for added material and more experiential content, such as:

• Videos
• Photo Slideshows
• Pop-up Information
• And more!

Learn about Interactive Digital.

Details
This newly updated, interactive digital version of Personal Management Merit Badge Pamphlet allows more room for added material and more experiential content, such as:

• Videos
• Photo Slideshows
• Pop-up Information
• And more!

Using this new enhanced digital download assists Scouts in mapping a life plan that involves setting goals and investigating different ways to reach those goals.

To achieve your goals, you will choose the best path and make a commitment to it, while remaining flexible enough to deal with changes and new opportunities.

While completing the requirements for this merit badge, Scouts will learn to explain and/or demonstrate the following:
• Purchasing strategy for a major expense item, including preparing a budget of expected income, expenses, and savings; and determining steps to balance your budget
• Personal concepts of how money, savings, and charitable giving affect you
• Differences between saving and investing, including the concepts of return on investment and risk
• Concepts of simple interest and compound interest and how these affect the results of your investment
• Stocks, mutual funds, life insurance, certificates of deposit (CDs), savings accounts, U.S. savings bonds
• What a loan is, what interest is, and how the annual percentage rate (APR) measures the true cost of a loan
• Different ways to borrow money, including charge cards, debit cards, and ways to reduce or eliminate debt while learning how credit reports and personal responsibility can affect your credit report
• Time management

Successfully completing this merit badge is one of the requirements to earn the rank of Eagle Scout.

Standard English-language print version (SKU 35928 MBP 4C Personal Mgmt English) and Spanish-language print version (SKU 619147 MBP 4C Personal Mgmt Spanish) also available.
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