Introduction to Second Grade Math Commission Report

-Common Core Math CCSS.MATH.CONTENT.2.MD.C.8

I wanted to start teaching Jack about personal finance and responsibility.  One of the Grade 2 Math Common Core standards is all about counting money.  Therefore, this Second Grade Math Commission Report was a great way to get Jack involved in learning personal finance. We also did another project which covered this standard called Counting Money From the Easter Bunny.

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Jack was trying to earn $5.00 towards Fantastic Franks Figurines they cost $40.00 all together plus $5.19 shipping. He became obsessed with them after receiving one as a toy in a kids meal at Schnappers Hots on Sanibel Island in Florida.  We decided to write up a contract on how he could receive commissions for doing jobs around the house.

Materials List for Second Grade Math Commission Report

play money set
-notebook or note taking app, such as Evernote
Second Grade Math Commission Report FREE 27-Page Lesson

Step 1: Download Second Grade Math Commission Report FREE 35-page lesson and complete the worksheets

The worksheets included in the free lesson cover one of the Math Common Core standards for grade 2.

Step 2: Write up a fair contract and have all parties agree to it

Here are the terms of Jack’s contract:

If Jack whines, his bosses, mommy and daddy, will take away $1.00 in earnings.
If Jack really misbehaves, he will lose his job and be fired.
If Jack has terrific, wonderful behavior, he can earn bonuses of $1.
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If Jack helps empty the dishwasher he will earn $0.50.
If Jack helps to sort the laundry into piles he will earn $0.50.
If Jack helps to make dinner he will earn $1.00.
If Jack cleans up his toys he will earn $0.50.
If Jack helps to set the table for dinner he will earn $0.50.
Once Jack earns $5.00, he will decide whether or not he wants to spend that on the Fantastic Franks.
Jack MUST give $0.50 away to someone in need, every earnings period.
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Step 3: Begin to keep a record of the student’s weekly commission reports (I found it is easiest to use the Evernote App to do this)

Here is an example of Jack’s first earnings period:

  • March 9, 2015- Jack earned $1.00 for helping to sort the laundry and put away the toys.
  • March 9, 2015- Jack earned $1.00 for helping to set the table and empty the dishwasher.
  • March 12, 2015- Jack earned $1.00 for helping to empty the dishwasher and sort the laundry.
  • March 13, 2015- Jack earned $1.00 for helping to sort the laundry and set the dinner table.
  • March 15, 2015- Jack lost $0.50 for mocking mommy and not listening to daddy.March 15, 2015- Jack earned $1.50 for cleaning his toys, sorting the laundry and putting away the groceries.
  • March 15, 2015- Jack earned his $5.00!!!!!!!!!!!!!
  • March 15, 2015- Jack was docked $1.00 pay for putting sand on Lila’s head at the beach he lost another dollar for whining about losing the first dollar.
  • March 15, 2015- Jack got a $1.00 for helping to clear the table while his movie was on and he got $.50 for helping to empty the dishwasher
  • Jack earned his Franks!
 Jacks weekly commission report 2
Earnings period 2- Monday March 16-Sunday March 22, 2015
  • March 16, 2015- Jack earned $0.75 for helping to set and kind of clear the table
  • March 17, 2015- Jack earned $.50 for helping to empty the dishwasher
  • March 18, 2015- Jack earned $0.50 for helping sort and put away laundry
  • March 19, 2015- Jack earned $0.25 for half helping to sort the laundry
  • March 21, 2015- Jack earned $2.00 for helping to put away his toys, sort the laundry, put away the groceries, and help empty the dishwasher
  • March 21, 2015- Jack dropped a fork on his foot and received $1.00 in workman’s compensation
  • Total $5.00
Earnings period 3- Monday March 23-Sunday March 29, 2015
  • March 24, 2015- Jack earned $0.50 for helping to empty the dishwasher
  • March 27, 2015- Jack earned $1.00 for helping to empty the dishwasher and sort the laundry
  • Total $1.50 Jack donated $1.00 from his first two earnings periods to the butterflies of Naples Botanical Garden, plus he must donate another $0.50 from this earnings period so total for earnings period 3 = $0
Earnings period 4- Monday March 30, 2015-Sunday April 5, 2015
  • April 1, 2015- Jack earned $0.25 for helping to sort the laundry
  • April 5, 2015- Jack earned $0.50 for putting away the toys in the suitcase
  • Jack must donate $0.50 so,
  • Total for this week $0.25
Earnings period 5- Monday April 6, 2015-Sunday April 12, 2015
  • Tuesday April 7, 2015- Jack earned $0.50 for putting away the silverware
  • Wednesday April 8, 2015- Jack earned $0.50 for helping to put away the laundry
  • Sunday April 12, 2015- Jack earned $0.50 for helping to put the laundry away
  • Total for this week $1.00 after $0.50 to charity
Earnings period 6- Monday April 13, 2015-Sunday April 19, 2015
  • Monday, April 13, 2015- Jack earned $0.50 for helping to put away the laundry
  • Tuesday, April 14, 2015- Jack earned $1.50 for putting away the silverware, he got an extra $1.00 for workman’s compensation because Lila closed the drawer on his hand

Jack donated $1.00 to the zoo today for the last two earnings periods for charity

Step 4: Review what has been learned from working on the Second Grade Math Commission Report

What did Jack learn?
There are consequences to his actions.  If he chooses to do work, he can earn money.  He can also choose to not do work and not earn money and face the consequences of not being able to get his toy.

Step 5: Review what is still a work in progress

What are we still working on?
Jack doesn’t completely understand what it means to give money away.  He has to give to someone in need but he doesn’t really know why or how this will help them.
Here he chose to give away $1.00 of his earnings for 2 pay periods to help the butterflies at the Naples Botanical Garden.  Hopefully, this will help him to learn about the concept of giving more.  I would like to follow through one day and have him see how the organization he gives his money to actually uses it and explains to him why people need his help.
 jacks weekly commission report
Here he is donating some of his earnings to the Imaginarium of Fort Myers, Fl.

Jack also doesn’t really understand the concept of saving money for the future.  Once he earned his toy, he isn’t all that interested in earning anymore money.  We are working on learning that he will need money in the future.

Step 5a: Give to a charity organization and have an in depth discussion with the student about why giving to charity is an important part of earning a living

Jack is still earning commissions, we are now on week 32!  He built up a lot of money that had to be given to charity and we had to figure out what to donate the money to.  Jack still does not understand why the money for charity is not “his” money.  I decided to have him purchase a hat from an awesome company called Krochet Kids.  Their website describes what they do:
“Today, over 150 people in Uganda and Peru are working, receiving education, and being mentored toward a brighter future in creating gifts that give back.  The products created abroad have been well received here at home and the collaboration of our staff and beneficiaries around the globe has created a sustainable cycle of employment and empowerment.”
I think all of the information we received with the hat has helped Jack understand a little better what it means to help others in need.  It has helped him to see that not everyone has the same opportunities and it is the responsibility of those that are capable to give to those who are in need.
Here is Jack in the hat.  It was supposed to be for him but it is a bit too small so he is going to share it with Lila.
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The hat came with a cute little bag with a TON of information inside.
There was a thank you card with contact information.
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This is a letter explaining how the charity works and a sticker, which is always fun for kids.
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Here is the information about where the hat was made, the woman who made it and her signature on the tag.
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Here is Lila in our new hat!
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Step 6: Complete the assessment in the FREE Second Grade Math Commission Report lesson

The assessment questions will allow you to assess whether the student has mastered the objectives of the lesson.