Financial management is part of Boy Scout training
NEW YORK . Whether it's backpacking, canoeing or picking stocks, good Boy Scouts approach all tasks with the same motto: Be prepared.
Perhaps because of their outdoorsy image, few people realize that money management is a part of scouting. To earn what's called the personal management badge, boys must know the difference between simple and compound interest and how mutual funds differ from CDs.
Last year, nearly 50,000 scouts between the ages of 12 and 17 earn... 10/13/2008 5:50:00 AM Kentucky.com: Business
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