Plan Ahead
A list of tasks to complete a project and how long it will take.
What is a plan?
The process of organizing your and planning your how to divide your time between different activities.
What is time management?
Which should happen first - homework that is due the next day or watch Youtube.
Homework should be completed first as it is both important and urgent. Treat yourself to Youtube screen time after you take care of your responsiblities.
The sudden urge to buy something.
What is impulse buying?
What is "you plan to fail"?
A short-term plan of daily tasks.
What is a to-do list?
A plan for your money where you consider your income and expenses before making a purchases.
What is a budget?
Which should you do - volunteer at a fellow scouts eagle project that you promised to attend months ago or go with a friend who offered an extra ticket to game 1 of the Dodgers division playoff game and Kershaw is pitching?
A scout is trustworthy so of course helping a fellow scout with his eagle project as promised is the priority.
Looking at prices from different places for the same item.
What is comparison shopping?
“Don't put off until tomorrow ...”
What is "what you can do today."?
Taking control of your life, your time and your finances.
What is Personal Management?
Putting off until tomorrow what you can do today.
What is procrastinating?
Which should you do - read the Personal Management merit badge pamphlet the night before your session 1 as required by the merit badge counselor or go with a friend who offered an extra ticket to game 1 of the Dodgers division playoff game and Kershaw is pitching?
GO DODGERS! Mr. Oldoerp will understand and besides the Personal Management merit badge is a four month long exercise so there will be plenty of time to catch up.
An advertising technique that promotes a very low price on a particular item, but when you try to buy it the salesperson tries to sell you something different at a higher price.
What is bait-and-switch?
Is the part of the Scout Law that most represent being a smart shopper.
What is "thrifty"?
SMART
A goal is an idea of the future or desired result that a person envisions, plans and commits to achieve. It is an aim or desired result.
What is a goal?
Which should happen first - packing your lunch for school or go grocery shopping?
Grocery shopping. You'll have to have the groceries in the house before you will be able to make a lunch with them.
Live within your means, pay yourself first, and leverage the time value of money.
What are the top three financial principles.
The overwhelming feeling of a need to spend money.
What is "letting money burn a whole in your pocket"?
The relative importance and urgency of a task.
What is a priority?
The identification of tasks, establishment of deadlines, and the organization, allocation and monitoring over resources that are necessary to complete a larger goal.
What is project management?
The principle that states that 20% of your activities and tasks are so critical that they contribute about 80% to the total success of your work.
What is the Pareto Principle?
That feeling of regret of having spent your money on something you didn’t really need or want.
What is buyer's remorse?
The need to buy things out of envy.
What is "keeping up with the Jones's"?