BBC News
By Nisha Patel
image captionUK chief Scout Bear Grylls talking to volunteers and a pack
Children start forming their spending and saving habits as early as seven, but unlike in other countries money management skills are not part of the core curriculum in England s primary schools.
So, the ever-practical Scout Association is stepping in to lend a hand.
The vast youth organisation, which includes more than 57 million scouts around the world, is launching a new merit badge in the UK all about money.
Qualifying for the money skills award will involve children picking from up to 20 different activities to complete their badge.