Get Personal Management Workbook 2020-2026

The Personal Management Workbook is designed to assist Scouts in learning essential financial management skills. This guide provides clear steps for effectively filling out the workbook online, ensuring you can complete each requirement thoroughly.

Follow the steps to successfully complete your Personal Management Workbook.

1. Press the ‘Get Form’ button to access the workbook and open it in your online editor.
2. Begin with the introductory section, which requires the Scout's name, unit, counselor's name, and counselor's phone number. Fill these fields accurately to initiate the workbook.
3. Move on to Requirement 1. Choose a major family expense and write a plan on how savings will be managed for this purchase. Prepare to discuss this with your merit badge counselor.
4. Complete Requirement 2 by discussing the plan with your family to ensure everyone is on board with the financial strategy outlined.
5. In Requirement 3, develop a shopping strategy. Determine quality using consumer ratings, comparison shop, and establish where to get the best price. Document your findings diligently.
6. For Requirement 4, prepare a comprehensive budget. Track income sources, expenses, and savings for 13 consecutive weeks. Utilize the provided tables or a custom version, and review your data with your merit badge counselor.
7. Complete Requirements 5 and 6 by researching five stocks and discussing the details with your counselor. This includes current prices and the importance of each stock's information.
8. For Requirement 7, explain loans and interest to your counselor. Discuss the different methods of borrowing and the implications of using charge, debit, or credit cards.
9. Work on Requirement 8 by demonstrating time management. Prepare a ‘to-do’ list and schedule your tasks, keeping a journal of your progress over a week.
10. Consolidate your findings in Requirement 9, developing a written project plan outlining steps, goals, and required resources. Discuss this with your counselor for feedback.
11. Finish Requirement 10 by researching a potential career and evaluating the necessary qualifications. Document your findings to discuss with your counselor.
12. Once all fields are filled, review your workbook. Save changes, then download, print, or share the completed Personal Management Workbook as needed.

Start filling out your Personal Management Workbook online today to enhance your financial skills!