{"activityType":[{"id":38396,"name":"Creative skills"},{"id":38377,"name":"Practical skills"}],"activityCategory":"Activity","completionTime":"60","cost":"\u00A3","energy":"Focusing","equipmentList":[{"id":38265,"name":"Coloured pens or pencils","description":"","type":"general"},{"id":38358,"name":"Scrap paper","description":"","type":"general"},{"id":38353,"name":"Wooden skewers","description":"","type":"general"},{"id":39230,"name":"Matches","description":"","type":"general"},{"id":38319,"name":"Tea lights","description":"","type":"general"},{"id":0,"name":null,"description":"Marshmallows (or other toasty snack)","type":"specific"}],"adjustments":"\u003Cp\u003EYou should think about your exchange rate \u2013 the higher the ratio you set, the more money everyone will have to make to be able to afford their marshmallows. For example, two of their currency to one Scout Pound will be much easier (and quicker!) than five of their currency to one Scout Pound.\u003C/p\u003E\n\u003Cp\u003EYou could create a whole shop with different prices for lots of things, such as the skewers or tea lights, and try to give change in your new currency.\u003C/p\u003E","firstProvidedBy":"","flexibilityStatement":"\u003Cp\u003EThink about providing a calculator to help anyone who might struggle to work out the numbers in their head. Make sure that the design of the new currencies are simple enough that everyone can get involved drawing and creating their own.\u003C/p\u003E","groupSize":"Teams","guide":null,"meetsRequirements":[{"notes":null,"subRequirementsToQualify":0,"numberOfTimeToComplete":0,"subRequirements":null,"tips":null,"optional":false,"id":39292,"nodeName":null,"title":null,"type":"","image":null,"assets":null,"headerOptions":null,"searchDescription":null,"subHeader":null,"browserTitle":null,"silktide":null,"canonicalUrl":null}],"countsTowardsBadges":[{"title":"Money Skills","sections":["Cubs"],"supportedBy":{"title":"HSBC UK","logo":{"url":"/media/13886/hsbc-uk.png?cc=0.036000910182936156,0,0.15397861070100011,0.0000000000000005614164825759\u0026width=800\u0026height=450\u0026v=1db822029340140","caption":"HSBC UK","type":"png","size":16071,"width":350,"height":350,"altText":"The HSBC UK logo set inside a white circle."},"content":{"layouts":[{"type":"sidebar","areas":[{"items":[{"gridType":"RichTextBlock","content":"\u003Cp class=\u0022rte-justify\u0022\u003EAs Scouts, we\u2019re used to dealing with money. We fundraise for charities, budget for camps, and raise money for jamborees as part of everything we do to build skills for life. Back by popular demand, we\u0027ve now expanded our Successful Money Skills programme for Beavers and Cubs by developing badges for Scouts and Explorers too. The activities focus on fun, active ways for young people to build their confidence and understanding around financial literacy.\u003Cbr\u003E\u0026nbsp;\u003Cbr\u003EThis isn\u2019t a new idea. Between 1916 and 1925, Scouts could earn the Thriftyman Proficiency Badge, which was all about the importance of practising saving from a young age. Today, we\u2019re taking it a little further. We\u2019re exploring how our money choices can benefit our community, learning about how different people use their money, and having plenty of fun with hands-on activities.\u003C/p\u003E","gtmId":"","gtmClass":""},{"gridType":"accordion","gtmId":"","gtmClass":"","showExpand":false,"items":[{"gridType":"accordionItem","gtmId":"","gtmClass":"","body":"\u003Cp\u003EResearch by the\u0026nbsp;\u003Ca id=\u0022menurprq\u0022 rel=\u0022noreferrer noopener\u0022 href=\u0022https://mascdn.azureedge.net/cms/the-money-advice-service-habit-formation-and-learning-in-young-children-may2013.pdf\u0022 target=\u0022_blank\u0022 title=\u0022https://mascdn.azureedge.net/cms/the-money-advice-service-habit-formation-and-learning-in-young-children-may2013.pdf\u0022 class=\u0022fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn\u0022 aria-label=\u0022Link Money Advice Service\u0022\u003EMoney Advice Service\u003C/a\u003E tells us that we usually form our habits around money by the age of seven. That\u2019s why we worked with HSBC UK to design these badges for Beavers and Cubs. After three years of success, awarding over 200,000 Money Skills badges to our younger sections, the time has come for us to extend this opportunity to our Scouts and Explorers too!\u003C/p\u003E\n\u003Cp\u003EThe badges aren\u2019t about maths or teaching young people what they should and shouldn\u2019t do with their money. They build on young people\u2019s decision-making skills, help them learn about the things that might influence their choices, and introduce some different cultural practices around money. Above all, they give young people to chance to get stuck in and practise handling money and making their own choices.\u003C/p\u003E\n\u003Cp\u003EThe new Money Skills Activity Badges are our opportunity to help young people prepare to deal with money, both at Scouts and in their personal lives.\u003C/p\u003E","label":"Why Money Skills matters to Scouts"},{"gridType":"accordionItem","gtmId":"","gtmClass":"","body":"\u003Cp class=\u0022rte-justify\u0022\u003E\u003Cspan\u003EWe knew that this bad\u003C/span\u003E\u003Cspan\u003Ege needed to be shaped by expert knowledge, including knowledge of what leaders, young people, and parents wanted from the badges. \u003C/span\u003EWe set up a working group of diverse volunteers from different religious background\u003Cspan\u003Es and \u003C/span\u003Elocations\u003Cspan\u003E (\u003C/span\u003E\u003Cspan\u003Eand \u003C/span\u003E\u003Cspan\u003Ewith\u003C/span\u003E different learning styles and experiences\u003Cspan\u003E)\u003C/span\u003E\u003Cspan\u003E \u2013\u00A0and we learned a lot.\u003C/span\u003E\u003C/p\u003E\n\u003Cp class=\u0022rte-justify\u0022\u003EOf course, our priority was to make sure \u003Cspan\u003Ethe badges:\u003C/span\u003E\u003C/p\u003E\n\u003Cul\u003E\n\u003Cli class=\u0022rte-justify\u0022\u003Epromote learning by doing,\u003C/li\u003E\n\u003Cli class=\u0022rte-justify\u0022\u003Erelate to Scout experiences,\u003C/li\u003E\n\u003Cli class=\u0022rte-justify\u0022\u003Eand are as fun and active as possible.\u003C/li\u003E\n\u003C/ul\u003E\n\u003Cp\u003EWe worked with our dedicated volunteers to design the badge requirements, \u003Cspan\u003Ethen\u003C/span\u003E tested them around the UK. \u003Cspan\u003EPeople\u2019s f\u003C/span\u003Eeedback told us what worked best, and we\u003Cspan\u003E le\u003C/span\u003E\u003Cspan\u003Earned where we\u003C/span\u003E needed to make \u003Cspan\u003Echanges \u003C/span\u003Eto \u003Cspan\u003Emake every activity\u003C/span\u003E accessible to young people from all backgrounds.\u003C/p\u003E\n\u003Cp\u003EThe requirements are designed to \u003Cspan\u003Egive\u003C/span\u003E young people \u003Cspan\u003Ethe chance to \u003C/span\u003Ereflect on what they \u003Cspan\u003Ealready \u003C/span\u003Eknow about money, use the decision-making skills they already have\u003Cspan\u003E,\u003C/span\u003E and apply \u003Cspan\u003Etheir skills\u003C/span\u003E to financial \u003Cspan\u003Esituations\u003C/span\u003E.\u003C/p\u003E","label":"Designing the badges"},{"gridType":"accordionItem","gtmId":"","gtmClass":"","body":"\u003Cp class=\u0022rte-justify\u0022\u003E\u003Cstrong\u003E\u003Cspan\u003EThrough our research, we found that:\u003C/span\u003E\u003C/strong\u003E\u003C/p\u003E\n\u003Cul class=\u0022rte-justify\u0022\u003E\n\u003Cli\u003EYoung people wanted to learn how money works, how to make \u003Cspan\u003Emoney\u003C/span\u003E, and how to raise \u003Cspan\u003Emoney\u003C/span\u003E for others\u003Cspan\u003E.\u003C/span\u003E\u003C/li\u003E\n\u003Cli\u003EYoung people and leaders wanted activities that \u003Cspan\u003Eg\u003C/span\u003E\u003Cspan\u003Ei\u003C/span\u003E\u003Cspan\u003Eve young people the chance to\u003C/span\u003E practise \u003Cspan\u003Eusing\u003C/span\u003E money in a safe way\u003Cspan\u003E.\u003C/span\u003E\u003C/li\u003E\n\u003Cli\u003ESome \u003Cspan\u003El\u003C/span\u003Eeaders gave us advice on how to respectfully \u003Cspan\u003Ereference\u003C/span\u003E their religious practices around money.\u003C/li\u003E\n\u003Cli\u003E\u003Cspan\u003ESome leaders \u003C/span\u003Etold us how to engage young people who struggle with maths by creating practical and creative activities.\u003C/li\u003E\n\u003Cli\u003EParents wanted to make sure activities are respectful of\u003Cspan\u003E people\u003C/span\u003E\u003Cspan\u003E\u2019s\u003C/span\u003E different financial backgrounds\u003Cspan\u003E.\u003C/span\u003E\u003C/li\u003E\n\u003C/ul\u003E\n\u003Cp class=\u0022rte-justify\u0022\u003EThere are \u003Cspan\u003Efour\u003C/span\u003E requirements for Beavers, \u003Cspan\u003Efive\u003C/span\u003E for Cubs, four for Scouts and five for Explorers.\u0026nbsp;\u003Cspan\u003EWe\u2019ve created\u003C/span\u003E at least two new, practical, fun activities for each requirement, which have been tested and enjoyed by \u003Cspan\u003Ereal\u0026nbsp;\u003C/span\u003Egroups.\u003C/p\u003E\n\u003Cp\u003EIn the next couple of years, \u003Cspan class=\u0022rte-justify\u0022\u003Ewe\u2019ll release \u003C/span\u003Emore activities\u003Cspan class=\u0022rte-justify\u0022\u003E. \u003C/span\u003E\u003Cspan class=\u0022rte-justify\u0022\u003EDuring our testing,\u003C/span\u003E some \u003Cspan class=\u0022rte-justify\u0022\u003El\u003C/span\u003Eeaders invented their own activities \u003Cspan class=\u0022rte-justify\u0022\u003E\u2013\u0026nbsp;they\u003C/span\u003E blew us away with their creativity, so we\u003Cspan class=\u0022rte-justify\u0022\u003E\u2019\u003C/span\u003Ell be working with them later on in the project to include the\u003Cspan class=\u0022rte-justify\u0022\u003Eir\u003C/span\u003E\u003Cspan class=\u0022rte-justify\u0022\u003E ideas\u003C/span\u003E too\u003Cspan class=\u0022rte-justify\u0022\u003E.\u003C/span\u003E\u003C/p\u003E","label":"What you told us"}]},{"gridType":"RichTextBlock","content":"\u003Ch3\u003E\u003Cbr\u003EDiscover the new badges\u003C/h3\u003E\n\u003Cp\u003EHSBC UK have supported us to create a fun and practical new Money Skills Activity Badge for Beavers, Cubs, Scouts and Explorers. We\u2019ve created the badge using research from Young Money and working with volunteers and young people across the UK.\u003C/p\u003E","gtmId":"","gtmClass":""}]},{"items":[{"quoteText":"Don\u2019t expect to become rich all at once. To get to big things you have to begin with little things, just as before you grow to be a big adult you must be a small child.","attribution":"Wolf Cubs Handbook, 1916","gridType":"quote","gtmId":"","gtmClass":""}]}],"config":null},{"type":"threeColumn","areas":[{"items":[{"type":"Image top","cta":"Discover the badge","body":"\u003Cp\u003EGet the badge from the\u003Cspan\u003E\u0026nbsp;\u003C/span\u003E\u003Ca rel=\u0022noopener\u0022 href=\u0022https://shop.scouts.org.uk/new-in/explorers-money-skills-activity-badge-113751\u0022 target=\u0022_blank\u0022 title=\u0022Explorer Scout Money Skills Activity Badge\u0022\u003EScout Store\u003C/a\u003E.\u003C/p\u003E","link":{"name":"Money Skills","id":null,"url":"/explorers/activity-badges/money-skills-old/","newWindow":false,"target":null},"colour":"#f1f1f1","title":"Explorers Money Skills Activity 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href=\u0022https://shop.scouts.org.uk/volunteer-leaders/cub-scout-financial-skills-activity-badge#selection.size=719\u0026amp;selection.color=34#selection.color=NULL\u0026amp;selection.size=One%20Size\u0022 target=\u0022_blank\u0022 title=\u0022Cub Scout Money Skills Activity Badge\u0022 data-anchor=\u0022#selection.size=719\u0026amp;selection.color=34#selection.color=NULL\u0026amp;selection.size=One%20Size\u0022\u003EScout Store\u003C/a\u003E.\u003C/p\u003E","link":{"name":"Money Skills","id":null,"url":"/cubs/activity-badges/money-skills/","newWindow":false,"target":null},"colour":"#f1f1f1","title":"Cubs Money Skills Activity Badge","image":"/media/13707/activity-badges-cu-money-skills-rgb.png?width=800\u0026height=450\u0026v=1daf2f4b05edd40","imageFocus":"","imageId":26681,"imageKey":"00000000-0000-0000-0000-000000000000","imageCrop":"","gridType":"card","gtmId":"","gtmClass":""}]},{"items":[{"type":"Image top","cta":"Discover the badge","body":"\u003Cp\u003EGet the badge from the 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Did different people choose any similar things?\u003C/p\u003E\n\u003Cp\u003EIf people travel abroad, they may need to change some of their money. In this activity, everyone learned more about exchanging currencies.\u003C/p\u003E\n\u003Cp\u003EIt can be quite a confusing process, but breaking it down can help everyone to understand. Did people know much about converting money before? Do they know more now?\u003C/p\u003E","relatedActivities":null,"setting":[{"id":38381,"name":"Indoors"}],"supportedBy":null,"takingItFurther":"\u003Cp\u003EYou could create a full exchange rate for all your currencies, and how they could all be exchanged for each other, like in \u003Ca href=\u0022/activities/money-maps/\u0022 title=\u0022Money maps\u0022\u003EMoney maps\u003C/a\u003E.\u003C/p\u003E\n\u003Cp\u003E\u003Cspan class=\u0022EOP SCXW79266989 BCX0\u0022 data-ccp-props=\u0022{\u0026quot;134233117\u0026quot;:true,\u0026quot;134233118\u0026quot;:true,\u0026quot;201341983\u0026quot;:0,\u0026quot;335559740\u0026quot;:240}\u0022\u003ETake a look at more \u003Ca rel=\u0022noopener\u0022 href=\u0022https://www.scouts.org.uk/activities?name=hsbcmoneyskills\u0022 target=\u0022_blank\u0022 title=\u0022A list of money skills activities.\u0022 data-anchor=\u0022?name=hsbcmoneyskills\u0022\u003Emoney skills activities\u003C/a\u003E.\u003C/span\u003E\u003C/p\u003E","whoIsItFor":"","youthShapedGuidance":"","activityTags":[{"id":38512,"name":"Art"},{"id":38513,"name":"Craft"},{"id":38517,"name":"Drawing"},{"id":38520,"name":"Design"}],"roles":[{"id":38724,"name":"Section Teams"},{"id":39231,"name":"Helpers"},{"id":38725,"name":"Young Leaders"}],"sections":[{"name":"Cubs","id":39274,"logo":"","colour":null,"ageRange":""}],"themes":[{"id":38469,"name":"Teamwork"},{"id":38473,"name":"Problem solving"},{"id":38463,"name":"Art"},{"id":38458,"name":"International"}],"searchEngineDescription":"Make your own money and learn about currency exchange in this creative challenge.","plannerTimeSlot":60.000000,"safetyAlerts":[{"title":"Scissors","alert":"\u003Cp\u003E\u003Cspan\u003ESupervise young people appropriately when they\u2019re using scissors. 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Take a look at our\u00A0\u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/safety/keeping-safe-at-camp/guidance-for-food-safety/\u0022 title=\u0022Guidance for food safety\u0022\u003Eguidance on food safety and hygiene\u003C/a\u003E.\u003C/span\u003E\u003Cspan\u003E\u003C/span\u003E\u003C/p\u003E"}],"safetyAlert":"","safetyTags":[],"deliveryMethods":"","permitRequired":false,"scoutLedQualifications":[],"guidance":null,"aalaRequired":false,"externalQualifications":[],"exceptions":[],"listingVideoUrl":"","disableBasicSafetyChecklist":false,"likes":0,"activitiesAdditionalInfo":{"inclusivityStatement":"\u003Cp\u003EAll Scout activities should be \u003Ca rel=\u0022noopener\u0022 href=\u0022https://www.scouts.org.uk/volunteers/inclusion-and-diversity/supporting-those-with-additional-needs-and-neurodiversity/reasonable-adjustments/badges-and-awards/\u0022 target=\u0022_blank\u0022 title=\u0022Guidance on flexibility\u0022\u003Einclusive and accessible.\u003C/a\u003E\u003C/p\u003E","standardSafetyAlert":"\u003Cp\u003EAll activities must be safely managed. You must complete a thorough \u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/risk-assessments/\u0022 title=\u0022Risk assessments\u0022\u003Erisk assessment\u003C/a\u003E\u0026nbsp;and take appropriate steps to reduce risk. Use the \u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/safe-scouting-cards/staying-safe-safety-checklist/staying-safe-leaders/\u0022 title=\u0022Staying Safe - Leaders\u0022\u003Esafety checklist\u003C/a\u003E to help you plan and risk assess your activity. Always get\u0026nbsp;\u003Ca href=\u0022/volunteers/running-your-section/programme-guidance/information-for-volunteers/general-activity-guidance-a-z/approving-activities-guidance-for-lead-volunteers/\u0022 title=\u0022Approving Activities - Guidance for Lead Volunteers\u0022\u003Eapproval for the activity\u003C/a\u003E, and have suitable\u0026nbsp;\u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/safety/planning-and-assessing-risk/guidance-for-supervision-of-activities/\u0022 title=\u0022Guidance for supervision of activities\u0022\u003Esupervision\u003C/a\u003E\u0026nbsp;and an \u003Ca href=\u0022/volunteers/running-your-section/intouch/\u0022 title=\u0022InTouch\u0022\u003EInTouch\u003C/a\u003E process.\u003C/p\u003E\n\u003Cp\u003EYou must run your activities in line with the \u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/safe-scouting-cards/safeguarding-code-of-conduct-for-adults-yellow-card/\u0022 title=\u0022Safeguarding Code of Conduct for Adults - Yellow Card\u0022\u003ESafeguarding Code of Conduct for Adults (Yellow Card)\u003C/a\u003E and report any concerns to the UK HQ Safeguarding Team.\u003C/p\u003E","basicChecklist":"\u003Cul\u003E\n\u003Cli\u003EComplete a \u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/risk-assessments/\u0022 title=\u0022Risk assessments\u0022\u003Erisk assessment\u003C/a\u003E\u003C/li\u003E\n\u003Cli\u003EHave the right \u003Ca href=\u0022/volunteers/running-your-section/adult-to-young-people-ratios/\u0022 title=\u0022Adult to Young People ratios\u0022\u003Eratios\u003C/a\u003E of number of adults to provide suitable\u0026nbsp;\u003Ca rel=\u0022noopener\u0022 href=\u0022/volunteers/staying-safe-and-safeguarding/safety/planning-and-assessing-risk/guidance-for-supervision-of-activities/\u0022 target=\u0022_blank\u0022 title=\u0022Guidance for supervision of activities\u0022\u003Esupervision\u003C/a\u003E\u003C/li\u003E\n\u003Cli\u003ESet up an \u003Ca href=\u0022/volunteers/running-your-section/intouch/\u0022 title=\u0022InTouch\u0022\u003EInTouch\u003C/a\u003E process\u003C/li\u003E\n\u003Cli\u003E\u003Ca href=\u0022/volunteers/staying-safe-and-safeguarding/safe-scouting-cards/safe-scouting-and-emergency-procedures/\u0022 title=\u0022Safe Scouting and Emergency Procedures\u0022\u003EKnow what to do in an emergency\u003C/a\u003E\u003C/li\u003E\n\u003Cli\u003E\u003Cspan\u003EShare information with parents and carers with an\u003C/span\u003E \u003Ca href=\u0022/volunteers/running-your-section/programme-guidance/general-activity-guidance/activity-information-form/\u0022 title=\u0022Activity information form\u0022\u003E\u003Cspan\u003Eactivity information\u003C/span\u003E\u003Cspan\u003E form\u003C/span\u003E\u003C/a\u003E\u003C/li\u003E\n\u003Cli\u003EGet \u003Ca href=\u0022/volunteers/running-your-section/programme-guidance/information-for-volunteers/general-activity-guidance-a-z/approving-activities-guidance-for-lead-volunteers/\u0022 title=\u0022Approving Activities - Guidance for Lead Volunteers\u0022\u003Eapproval from your Lead Volunteer.\u003C/a\u003E\u003C/li\u003E\n\u003C/ul\u003E","scoutLedAvailable":"\u003Cp\u003EThis activity can be led by you or someone else in Scouts:\u003C/p\u003E","permitRequired":"\u003Cp\u003EThe activity leader must have an \u003Ca href=\u0022/volunteers/running-your-section/programme-guidance/activity-permit-scheme/adventurous-activity-permit-scheme/\u0022 title=\u0022Adventurous Activity Permit Scheme\u0022\u003Eadventurous activities permit\u003C/a\u003E with the right level and permissions for your group.\u003C/p\u003E","externallyLedAvailable":"\u003Cp\u003EYou can go to a centre or use an activity leader who\u0027s not part of Scouts:\u003C/p\u003E","aalaRequired":"\u003Cp\u003E\u003Ca rel=\u0022noopener\u0022 href=\u0022https://www.hse.gov.uk/aala/index.htm\u0022 target=\u0022_blank\u0022 title=\u0022AALA licence\u0022\u003EAn AALA licence is required\u003C/a\u003E.\u003C/p\u003E","aalaExempt":"\u003Cp\u003EIf the provider is exempt from the AALA licence.\u003C/p\u003E","publicLiabilityInsurance":"\u003Cp\u003EThe provider must have public liability insurance.\u003C/p\u003E","actvityLink":"/activities/"},"duration":60,"instructions":{"layouts":[{"type":"singleColumn","areas":[{"items":[{"gridType":"RichTextBlock","content":"\u003Ch3\u003EActivity summary\u003C/h3\u003E\n\u003Cp\u003EIn this activity, young people will learn about what designs feature on different money, and then design their own currency. Then they can use them to practise exchanging their money for another currency, and buy a treat!\u003C/p\u003E\n\u003Ch3\u003EBefore you begin\u003C/h3\u003E\n\u003Cul\u003E\n\u003Cli\u003EUse the\u00A0\u003Ca rel=\u0022noopener\u0022 href=\u0022https://www.scouts.org.uk/volunteers/staying-safe-and-safeguarding/safe-scouting-cards/staying-safe-safety-checklist/staying-safe-leaders/\u0022 target=\u0022_blank\u0022 title=\u0022Staying Safe - Leaders\u0022\u003Esafety checklist\u003C/a\u003E\u00A0to help you plan and risk assess your activity. Additional help to carry out your\u00A0\u003Ca rel=\u0022noopener\u0022 href=\u0022https://www.scouts.org.uk/volunteers/staying-safe-and-safeguarding/risk-assessments/\u0022 target=\u0022_blank\u0022 title=\u0022Risk assessments\u0022\u003Erisk assessment\u003C/a\u003E, including examples can be found here. Don\u2019t forget to make sure all young people and adults involved in the activity know how to take part safely.\u003C/li\u003E\n\u003Cli\u003EMake sure you\u2019ll have enough adult helpers. You may need some parents and carers to help if you\u2019re short on helpers.\u003C/li\u003E\n\u003C/ul\u003E\n\u003Ch3\u003ESetting up this activity\u003C/h3\u003E\n\u003Cul\u003E\n\u003Cli\u003ETry out \u003Ca href=\u0022/activities/money-maps/\u0022 title=\u0022Money maps\u0022\u003EMoney maps\u003C/a\u003E for an introduction to the features of different currencies around the world.\u003C/li\u003E\n\u003Cli\u003EThis activity is in two parts \u2013 if you\u2019re running a blended programme you could \u2018Make some money\u2018 during an online session, ready to complete \u2018Scout shopping\u2018 face-to-face.\u003C/li\u003E\n\u003C/ul\u003E","gtmId":"","gtmClass":""},{"gridType":"RichTextBlock","content":"\u003Ch3\u003EStep 1: Make some money\u003C/h3\u003E\n\u003Col\u003E\n\u003Cli\u003EEveryone should get into small teams of three or four people.\u003C/li\u003E\n\u003Cli\u003EAsk everyone what different things they\u2019re used to seeing on coins and notes. They could show everyone some examples of coins and notes.\u003C/li\u003E\n\u003C/ol\u003E\n\u003Cp\u003EIf you\u2019ve already had a go at \u003Ca rel=\u0022noopener\u0022 href=\u0022/activities/money-maps/\u0022 target=\u0022_blank\u0022 title=\u0022Money maps\u0022\u003EMoney maps\u003C/a\u003E, ask everyone what features they can remember from different currencies. We\u2019ve added some information above to help get the conversation started.\u003C/p\u003E\n\u003Col start=\u00223\u0022\u003E\n\u003Cli\u003EExplain that everyone will be making their own Scout themed currency.\u003C/li\u003E\n\u003Cli\u003EEveryone should take a piece of A4 paper, fold it in half twice, and unfold it so that they have a piece of paper with four sections.\u003C/li\u003E\n\u003Cli\u003EEach team should chat about different things they could include in their design to represent Scouts, starting with important people. They should make a list of important people they could include in the first section of their paper.\u003C/li\u003E\n\u003Cli\u003ENext, teams need to make a list of locations, landmarks and things from nature that are important to them in the next section of their piece of paper.\u003C/li\u003E\n\u003Cli\u003ENow, ask groups to choose some quotes or words and write them in the next section of their piece of paper.\u003C/li\u003E\n\u003Cli\u003EEveryone should fill the final section of their piece of paper with things that represent their favourite Scout memories or remind them of their Scouts friends.\u003C/li\u003E\n\u003Cli\u003ETeams should chat as a group and decide what they\u2019ll include in their designs. They should think about the security features they\u2019ll include so their money can\u2019t be forged. What will stay the same across all of their notes? What will be different on each denomination?\u003C/li\u003E\n\u003Cli\u003EEach team should give their currency a name, decide who will be creating the different denominations of banknotes and get drawing. It\u2019s a good idea to make sure each group creates the same denominations to keep it fair.\u003C/li\u003E\n\u003Cli\u003EOnce everyone\u2019s finished their designs, each group should present their freshly minted money to the rest of the group.\u003C/li\u003E\n\u003Cli\u003EThe person leading should make a note of some of the key features so they can check for forgeries in the next part of the activity.\u003C/li\u003E\n\u003C/ol\u003E\n\u003Ch3\u003EStep 2: Scout shopping\u003C/h3\u003E\n\u003Col\u003E\n\u003Cli\u003ENow explain that different countries have different money, with different names and different designs. The different moneys are called currencies.\u003C/li\u003E\n\u003Cli\u003EThe person leading the activity should explain that everyone will be using their new Scout currency to buy some marshmallows to toast. Explain that the marshmallows are sold in Scout Pounds so before they can buy any, they\u2019ll need to exchange their new currency into Scout Pounds. However, if anyone called their currency Scout Pounds, you may need to think on your feet and come up with another name so it doesn\u2019t get confusing.\u003C/li\u003E\n\u003Cli\u003ESet up an exchange counter and display the exchange rate, for example two of their currency equals one Scout Pound. It\u2019s up to you whether you change the rate during the activity or not. Remember that the higher the rate, the more money the groups will have to make!\u003C/li\u003E\n\u003Cli\u003EEach team should look at the exchange rate and work out how much money they\u2019ll need to create to buy a marshmallow for each group member.\u003C/li\u003E\n\u003Cli\u003EEach team should try to work as fast as they can to draw more money and exchange it for Scout Pounds.\u003C/li\u003E\n\u003Cli\u003EThe person at your exchange counter should check the security features everyone added to their notes. If groups are working too fast and the designs don\u2019t match, the money should be taken away.\u003C/li\u003E\n\u003Cli\u003EEveryone should continue until everyone has marshmallows.\u003C/li\u003E\n\u003C/ol\u003E\n\u003Cp\u003EIf a team finishes early they could help another team.\u003C/p\u003E\n\u003Ch3\u003EStep 3: Enjoy marshmallows\u003Cstrong\u003E\u003Cbr\u003E\u003C/strong\u003E\u003C/h3\u003E\n\u003Col\u003E\n\u003Cli\u003EOnce everyone\u2019s made enough money and bought their marshmallows, give everyone their own tea light each and a wooden skewer.\u003C/li\u003E\n\u003Cli\u003EEveryone should find a space and toast their marshmallow.\u003C/li\u003E\n\u003Cli\u003EWhile everyone\u2019s snacking, the person leading the activity should explain that in real life the amount of money you can buy is set by the exchange rate (not leaders!). 1 pound might be able to buy 1.3 US dollars, for example \u2013 but this doesn\u2019t mean you\u2019re getting more money as things might cost a higher number of US dollars than pounds.\u003C/li\u003E\n\u003C/ol\u003E\n\u003Cp\u003EYou could explain that shops usually have different \u2018sell rates\u2019 and \u2018buy rates\u2019 \u2013 they charge you some money in return for exchanging your money. If \u00A31 was worth $1.40, you may only get $1.30 for \u00A31, for example. If you had US dollars left over, you may have to give the shop $1.50 to get \u00A31 back. People often shop around to get a good deal.\u003C/p\u003E\n\u003Col start=\u00224\u0022\u003E\n\u003Cli\u003EExplain that, just like they exchanged the money with leaders, people can exchange pounds to foreign currencies in places, such as the Post Office.\u003C/li\u003E\n\u003C/ol\u003E","gtmId":"","gtmClass":""}]}],"config":null}]},"ownerAuthor":null,"porRules":null,"id":39310,"nodeName":"Scout pound","title":"Scout pound","type":"activity","image":{"url":"/media/13887/hsbc.png?width=800\u0026height=450\u0026v=1d9bece96d5ba70","caption":"HSBC Partnership","type":"png","size":134038,"width":1920,"height":1080,"altText":"A name badge with the HSBC UK logo on it, stating \u2018created in partnership with\u2019 at the top."},"assets":[],"headerOptions":{"headerTitle":"Scout pound","headerSubTitle":null,"headerCta":null,"headerCtaText":null,"headerCtaLink":null,"headerBackgroundColour":null,"showSEOImage":false,"headerBackgroundImage":null,"quickLinks":null},"searchDescription":"Make your own money and learn about currency exchange in this creative challenge.","subHeader":"Make your own money and learn about currency exchange in this creative challenge.","browserTitle":null,"silktide":"eyJjbXMiOiJVbWJyYWNvIiwiZWRpdG9yVXJsIjoiaHR0cHM6Ly9wcm9kLWNtcy5zY291dHMub3JnLnVrLy91bWJyYWNvIy9jb250ZW50L2NvbnRlbnQvZWRpdC8zOTMxMCJ9","canonicalUrl":"https://www.scouts.org.uk/activities/scout-pound/"}