Buying Free Time
Parent Involvement
Grade 5
Handout 2
I’LL PAY—YOU’LL PAY
But first….
All financial analysts recommend that you save at least 10% of your
income, so multiply your chore money by 10% and subtract that amount
from your total. The remainder is available for spending.
Chore money
_________
10%
-_________
Spending money _________
(If available, you may log on to a website that sells your particular item to
obtain a more accurate cost before completing.)
Top five items
Cost
I’ll Pay
(student)
You’ll Pay
(parent)
1.___________
_______
_______
________
2.___________
_______
_______
________
3.___________
_______
_______
________
4.___________
_______
_______
________
5.___________
_______
_______
________