on JANUARY 9, 2012
The Girl Scouts of the United States of America is celebrating 100 years of being “the world’s preeminent organization dedicated solely to girls” through its continued teaching of business, volunteer, and financial literacy.
Founded by Juliette Gordon Low in 1912, the Girl Scouts of the USA aims to empower girls and teach values through activities, acquiring practical skills, and earning badges.
Today, there are 13 new financial badges members can earn that reward money-savvy Girl Scouts who demonstrate proficiency in mortgages, saving, spending, and property taxes.
How do Girl Scouts earn finance badges?
The Girl Scouts are initially paired with an adult mentor (actual real estate brokers) before being asked their career goals and dream job. Next, the Girl Scouts are asked to illustrate their dream home, while their mentors find an existing home that’s listed on the market in their area as a tangible example of how much the specific type of home would cost.
Next, the mentors and Girl Scouts discuss whether or not their dream home is a feasible option based on the expected salary of their dream job.
The real estate brokers teach the Girl Scouts about interest rates, 20 percent down payments, and the importance of credit to get them accustomed to the home loan process. Read More>
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