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information! - Girl Scout Council of the Nation's Capital

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GSCNC <strong>Capital</strong> One<br />

Financial Fitness<br />

Challenge<br />

Timeline:<br />

Fall 2012– Launch <strong>of</strong> <strong>the</strong><br />

Financial Fitness Challenge<br />

October 25, 2012– Survey<br />

for FREE patches opens<br />

December 2012– After<br />

December <strong>Capital</strong><br />

Currency <strong>Council</strong>'s Own IP/<br />

Badge/Try-It will only be<br />

available while supplies<br />

last<br />

April 2013– Update on<br />

Service Unit Challenge at<br />

<strong>the</strong> Annual Meeting<br />

July 31, 2013– Last day<br />

<strong>information</strong> will be<br />

collected for <strong>the</strong> Service<br />

Unit Challenge<br />

August Kick-Offs– Service<br />

Unit Challenge Winners<br />

announced!<br />

Website:<br />

http://www.gscnc.org/<br />

capitalone.html<br />

Questions:<br />

What is <strong>the</strong> Financial Fitness Challenge?<br />

GSCNC’s <strong>Capital</strong> One Financial Fitness Challenge empowers <strong>Girl</strong> <strong>Scout</strong>s<br />

<strong>of</strong> all levels to build <strong>the</strong>ir money management and business skills<br />

through a variety <strong>of</strong> pathways, including our national badge programs<br />

and <strong>of</strong> course, <strong>the</strong> <strong>Girl</strong> <strong>Scout</strong> Cookie Program, <strong>the</strong> largest girl-led<br />

business in <strong>the</strong> world.<br />

How can I be involved?<br />

You can be involved by encouraging girls to complete a Financial<br />

Literacy Badge or Cookie Business Badge. By earning <strong>the</strong>se badges,<br />

your girls and you will gain valuable knowledge about money.<br />

How can I join, and what do I get?<br />

How do you join <strong>the</strong> Financial Fitness Challenge? It’s easy! Earn at least<br />

one <strong>of</strong> <strong>the</strong> new Financial Literacy Badges or Cookie Business Badges,<br />

and you will gain <strong>the</strong> skills and knowledge to take control <strong>of</strong> your<br />

finances. Let us know which badge you earned after October 2012 and<br />

we will send you a FREE patch! The survey will be LIVE on October 25th<br />

2012. You can find <strong>the</strong> link to <strong>the</strong> survey from <strong>the</strong> Financial Fitness<br />

Challenge page here: http://www.gscnc.org/capitalone.html<br />

Service Units are involved in <strong>the</strong> challenge as well! The Service Unit with<br />

<strong>the</strong> highest percentage <strong>of</strong> girls earning a Financial Literacy or Cookie<br />

Business Badge or Leaf, and reporting it through <strong>the</strong> survey by July 31st<br />

will receive a trip to <strong>the</strong> Smithsonian National Museum <strong>of</strong> American<br />

History ‘s Stories on Money exhibit with <strong>the</strong> chance to meet with a<br />

museum curator or a Commemorative <strong>Girl</strong> <strong>Scout</strong> Silver Dollar for each<br />

<strong>of</strong> <strong>the</strong> girls that participated in <strong>the</strong> Challenge .<br />

What does <strong>the</strong> patch look like?<br />

The patch is in <strong>the</strong> process <strong>of</strong> being approved by <strong>Capital</strong> One and should<br />

be on <strong>the</strong> website soon!<br />

The GSCNC <strong>Capital</strong> One Financial Fitness Challenge will move GSUSA’s new national financial<br />

literacy curriculum to <strong>the</strong> forefront <strong>of</strong> our programmatic agenda and challenge every one <strong>of</strong> our<br />

90,000 members to empower <strong>the</strong>mselves with financial literacy skills. We are grateful for<br />

<strong>Capital</strong> One’s support for <strong>the</strong> Financial Fitness Challenge.


MONEY MATTERS QUIZ<br />

1. What is a Budget?<br />

A. A budget is a plan for saving and spending money<br />

B. A budget is a way to get <strong>the</strong> things you want, but don't need<br />

C. A budget is a way to spend your parents’ money<br />

2. How can girls learn <strong>the</strong> difference between wants and needs?<br />

A. By writing down <strong>the</strong> things <strong>the</strong>y use on a day to day basis<br />

B. Buy <strong>the</strong> things you think look cool from <strong>the</strong> mall<br />

C. Put all <strong>of</strong> your purchases on a credit card, even if you exceed your limit<br />

3. How can girls learn about Money Management in <strong>Girl</strong> <strong>Scout</strong>s?<br />

A. All <strong>of</strong> <strong>the</strong> choices below<br />

B. By participating in <strong>the</strong> <strong>Girl</strong> <strong>Scout</strong> Cookie Program<br />

C. By earning <strong>the</strong> Financial Literacy or Cookie Business badges or leaves<br />

4. What <strong>Girl</strong> <strong>Scout</strong> levels have Financial Literacy and Cookie Business<br />

recognitions?<br />

A. Daisy-Ambassador<br />

B. Brownie-Ambassador<br />

C. Cadette-Ambassador—only teens should be learning about money management.<br />

5. When thinking about credit what does APR stand for?<br />

A. Annual Percentage Rate<br />

B. After Purchase Regret<br />

C. All Payments Rejoice<br />

6. The internet is fast becoming one <strong>of</strong> <strong>the</strong> best places to comparison shop.<br />

What’s <strong>the</strong> best way to comparison shop online?<br />

A. Search online for <strong>the</strong> item and find three different prices on three different sites<br />

B. Buy from <strong>the</strong> first website that you find<br />

C. Ignore <strong>the</strong> reviews left from customers<br />

7. What does a credit score <strong>of</strong> over 700 mean?<br />

A. It is recognized as very good credit<br />

B. It is recognized as a bad score for credit<br />

Are you<br />

Financially<br />

Fit?<br />

Mostly A's-<br />

Olympian<br />

You are Olympian in <strong>the</strong><br />

world <strong>of</strong> Financial<br />

Fitness! Use your<br />

knowledge to work on <strong>the</strong><br />

Financial Literacy and<br />

Cookie Business Badges<br />

with your girls.<br />

Mostly B's-<br />

Fit<br />

You are Fit with your<br />

Finances. Your knowledge<br />

as well as <strong>information</strong> from<br />

<strong>the</strong> Financial Literacy and<br />

Cookie Business Badges will<br />

help your girls learn about<br />

<strong>the</strong>ir finances.<br />

Mostly C's-<br />

Couch Potato<br />

You are currently at <strong>the</strong><br />

Couch Potato level, but<br />

don't fret! Learn about all<br />

<strong>of</strong> <strong>the</strong>se topics with your<br />

girls by working on <strong>the</strong> new<br />

Financial Literacy or Cookie<br />

Business.<br />

C. What is a credit score?

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