Retired Ambassador On My Own Badge-Know how to create and stick to a budget so you can avoid financial pitfalls and be independent. Far too many people don't start thinking about creating a budget until they find themselves deep in debt. When you've earned this badge, you'll understand the importance of creating a budget, a skill that will help you wherever life leads. Use the worksheet to walk through the steps of your On My Own badge. Make sure you have your parent's permission before heading online throughout the badge activities.