9 Aug 2012 12:41 PM EST

-by Molly C. Braswell, Staff Writer; Image: Missy Franklin with one of her Gold Medals (Image Source: ABC News)

Her parents must love this.

Swimmer Missy Franklin, 17, is planning to get a tattoo while she’s in London as a commemorative of the 2012 Summer Olympic Games in London.

“Getting a tattoo has never been something I ever thought I would do, but this one just has so much meaning to it and it is really something that you have to earn,” Missy said. “It’s an honor to have it.”

Don’t expect a crazy, huge snake along her arm or a star on her calf. No, Franklin is getting a small emblem of the five Olympic rings on her right hip.

“I’ve seen them on all the other athletes, and it’s so cool,” Franklin said. “I’ve used it as my motivation because it’s the only tattoo I’m going to get.”

The tattoo is apparently a Team USA Olympic swimmers tradition. Matt Grevers has one, Brendan Hansen put it on his right shoulder, Ryan Lochte has it on his bicep and Michael Phelps has two that play peek-a-boo at the top of his swim bottoms.

“There are a few other girls that might be coming as well,” Franklin said. “We’re so excited.”

She and her fellow swimmers plan to get inked August 10.

Actually, her parents are not only okay with their daughter’s decision, but they support her.

“It’s the only tattoo she’ll get—and she’s earned it,” her father, Dick Franklin, said.

In addition to the tattoo, Franklin has earned three gold medals and one bronze during her time in London.