Junior Saver

JM -2 2(Corresponding badge for over 14Yrs 6 months – SM-2-Senior Saver)

Objective – Encourage savings habits in Scouts

  1. Show the examiner that he has a savings account, and that he has deposited money (minimum 100/=) in that savings account during the last 30 days.

  2. Explain to the examiner in his words what monetary inflation is

  3. Explain in his words to the examiner 3 common reasons why a country would have a high inflation

  4. Explain to the examiner why he should avoid using or buying things manufactured abroad whenever possible 5. Discuss with the examiner about people purchasing things that are not really important and waste money. Tell the examiner 3 things that are not so important but which you or your friends have spent money on.

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