About Boy Scouts of America
The Boy Scouts of America is one of the largest and well-known youth organizations in the United States. Today, they are also known as Scouts BSA and welcome boys and girls from 5th grade all the way through high school.
Part of the Scouts BSA program is earning merit badges which are achievements for learning different topics in scouting curriculum. While they are traditionally known for wilderness and trade-related activities, Scouts BSA also has several merit badges that can help build strong financial skills for boys and girls. Below are some of those most relevant merit badges and some links to learn more about each one.
Merit Badges for Financial Education
American Business
The American Business merit badge teaches kids the United States business system, its history, how to start a business, and the various aspects of running a business.
American Labor
The American Labor merit badge teaches boys and girls the major issues facing American workers, the basics of labor unions, and lots more about how employers and employees interact in the workforce.
Coin Collecting
The Coin Collecting merit badge teaches kids the fun hobby of coin collecting including topics like minting, circulation, denominations, and international money.
Entrepreneurship
The Entrepreneurship merit badge dives deeper on the topic of starting your own business past what the American Business merit badge covers. Kids develop an understanding of what it takes to be an entrepreneur and how to write a business plan.
Personal Management
The Personal Management merit badge teaches kids the basics of personal finance including activities like preparing a budget, saving habits, the emotions of money, charitable giving, investing, and a whole lot more.
