Discuss what you might do differently the next time. must decide how to allocate limited income among many alternatives, which requires trade-offs. Demonstrate to your merit badge counselor your understanding of time management by doing the following: a. This is the longest part of the personal management merit badge and will differ enormously between Scouts. Budget Trade-OffsA Penny Here and a Penny There (Lesson Plan) Students participate in an activity that illustrates that budgeting is really an allocation problem. Now, requirement 2 asks you to prepare a budget reflecting your expected income, expenses, and savings over 13 consecutive weeks. With your merit badge counselor, review your “to do” list, one-week schedule, and diary/journal to understand when your schedule worked and when it did not work. Do the following: Choose an item that your family might want to purchase that is considered. We touched on budgeting a little earlier.
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. Follow the one-week schedule you planned.Put in your set activities, such as school classes, sports practices or games, jobs or chores, and/or Scout or place of worship or club meetings, then plan when you will do all the tasks from your “to do” list between your set activities. Make a seven-day calendar or schedule.List these in order of importance to you. 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.Personal Management Merit Badge Requirement 8: Time Managementĭemonstrate to your merit badge counselor your understanding of time management by doing the following: