Personal Development
Eagle Required
Personal Management Merit Badge
Learn budgeting, saving, investing, credit, insurance, and time management through hands-on activities to earn this Eagle-required merit badge.
What you'll do
- 1. Smart Shopping Choose an item that your family might want to purchase that is considered a major expense.
- 2. Budgeting Prepare a budget reflecting your expected income (allowance, gifts, wages), expenses, and savings for a period of 13 …
- Psychology of Money Discuss with your counselor FIVE of the following concepts:
- Saving vs. Investing Explain the following to your counselor:
At a glance
- Requirements
- 10
- Category
- Personal Development
- Eagle Required
- Yes
- Updated
- March 29, 2026