Finding Percentages with Cindy Abbott’s Budget

"PATH TO SUCCESS: DREAM. PLAN. DO. FAIL. NEVER GIVE UP. FAIL. NEVER GIVE UP. FAIL. NEVER GIVE UP. ACHIEVE! IT'S A MESSY JOURNEY." - Tom Giaquinto

“PATH TO SUCCESS: DREAM. PLAN. DO. FAIL. NEVER GIVE UP. FAIL. NEVER GIVE UP. FAIL. NEVER GIVE UP. ACHIEVE! IT’S A MESSY JOURNEY.” – Tom Giaquinto

The 2015 Iditarod champion will win $70,000 and a brand new Dodge pickup truck. The amount of money mushers will spend on training, dogs, food, entry fees, supplies, or anything associated with sled dog racing easily surpasses that amount. It’s apparent that dog mushers don’t get into the sport for money. These athletes are in the sport for the love of the dogs and to preserve dog mushing.

Cindy Abbott shared her 2014-15 winter season budget with my class. The basic budget she shared with us is for supplies and expenses just for the races she has planned for the season and is not even half of the money she will spend on her dream of crossing under the burled arch in Nome. Cindy’s basic supply budget is over $35,000.

This budget is a perfect opportunity for students to work on figuring percentages. Students will begin the lesson by making an inference about how much money Cindy will spend this racing season. I imagine your students’ jaws will hit the floor when you give them the actual number. $35,000 is such a large number. Have your students make a list of supplies they think would be included in Cindy’s list.  Start off by giving them a few examples: dog booties, gloves for her, sled, etc. Let your students now look at her supply list, minus the dollar amount. After closely examining Cindy’s list, have your students categorize these supplies into five groups. An example of a category would be travel expenses. Next, give your students a budget of $36,000. Their task is to divide the $36,000 into the five categories. The concept is to get as close to Cindy’s numbers as possible. Using these numbers, students will create a circle graph to display their information. We use Google Drive at my school, so this is the tool we will use. Another option is to use Microsoft Word.

Now share Cindy’s exact numbers with the students. Have your students allocate the correct amount of money to each category they created earlier. The students will create another circle graph from the actual numbers. Putting the graphs next to each other, students are able to see what they predicted compared to Cindy’s actual numbers. On the worksheet assigned to the students are some additional percentage questions based on Cindy’s budget.

This Common Core aligned lesson challenges students to determine their own categories and allocate funds to those categories. This lesson also involves a real world topic and questions. An option to add to this is to compare this budget with the average salary of a member of your community. Another option is to have your students create a spreadsheet with the budget and average salary.  Create a monthly allowance for your bills at home and bills for sled dog racing.

Finding Percentages Lesson Plan

Finding Percentages Worksheet

Cindy’s Supply List

Cindy’s Budget (including money)