Your teacher Gives you exactly 1 million Dollars!! But Don’t get your hopes up, they’re fake....
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Transcript of Your teacher Gives you exactly 1 million Dollars!! But Don’t get your hopes up, they’re fake....
What Is The Million Dollar Project?
Your teacher Gives you exactly 1 million Dollars!! But Don’t
get your hopes up, they’re fake.
You have to spend every last penny. No
dropping any.
You have to create categories for what you want to buy. Each one has to be worth $10,000 or more.
You can buy
anything you
want, as long as
your not spending
more that 1
million!! Or Less!
Make sure you know what your
getting before you buy. That’s why
we fill out a planning sheet!
As your buying,
you create graphs
to make it easier
to see what your
doing, and how
much money
you’ve already
spent.
Today was Andrea’s Lucky day. She had won the grand prize at her school’s big fair. The prize was a basket with millions of
things! Since Andrea didn’t like half of them, she decided to trade them in. In return she received 1 million dollars in
spending money. But then they told her that she had to spend it all in less than a month or else!!
So, Andrea set off onto the internet looking for cool things
to buy.
But as Andrea began to realize that this would
be a lot more complicated than she
thought, she put together a planning sheet that looked
something like this:
Name: Andrea Johnson Partner’s Name: Don’t have a partner
Date: January 13th 2012
How would you spend $1,000,000? Planning Sheet
Theme: Buying A Farm to raise horses. Plan: My plan is to buy a house with a barn, and to keep horses there because I have always wanted my very
own horse. Then I will buy a trailer and a truck that can hook up to it. I don’t want to not take good care of my
horses, so I will buy all of the best products for them. And since I might not be able to feed my horse 4 times a
day and let it in and out of the pasture, I want to hire a few people to work there. So, that’s pretty much how I
want to spend 1 million dollars. People always tell me that horses are really expensive, so this is the perfect time
to buy some!!
Major Categories:
1. Animals
2. House And Barn
3. Accessories
4. Workers
5. Trailer
6. Other Stuff
• After Andrea created her planning sheet, she decided to
go a little deeper by researching what she wanted to buy and
putting it into a excel page. Each page had a category, and down at the bottom was how much
that category was worth.
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Horses
Item Quantity Unit Price Total PriceAppaloosa Mare 1 $13,000.00 $13,000.00Appaloosa Gelding 1 $3,800.00 $3,800.00
Total $16,801.00Average Price $16,801.00
Whehooo! You made it to $10,000!
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Accessories
Item Quantity Unit Price Total Price
Saddle 1 $449.99 $450.99 Treats 2 $35.95 $71.90
2 Horse Trailer 1 $9,380.00 $9,380.00Show sheen hair polish 2 $12.95 $25.90mane and tail conditioner 2 $14.95 $29.90Grooming set 1 $49.95 $49.95Cowboy magic detangler and shine 1 $19.95 $19.95The Ultimate hoofpick 2 $14.95 $29.90Jelly Scrubber 3 $5.95 $17.85Rubber Grooming Mits 2 $3.95 $7.90Vetrolin Bath 1 $8.95 $8.95Ultra fast dry towels 2 $12.95 $25.90Big D costom all american blanket 2 $169.95 $339.90 Smart Pack classic hunter girth 2 $94.95 $189.90Horse Bit 2 $62.95 $125.90SmartBug Off 1 $19.95 $19.95Lead Rope 2 $27.95 $55.90Reins 2 $35.95 $71.90Saddle Pad 2 $39.95 $79.90
Total $10,662.54Average Price
Whehooo! You made it to $10,000!
Item Quantity Unit Price Total PriceBoots 2 $134.90 $269.80Helmets 2 $34.99 $69.98paddock boots 1 $89.95 $89.95Riding Pants 1 $39.90 $39.90Food for a year1,500 $15,000.00Hire people to work on a farm 7$100 a day $255,500.00 for 1 year
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Clothing and farm things
Item Quantity Unit Price Total PriceSolar Panels Installed on 1 pack $20,399.00 $20,399.00roof
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Solar Panels
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: truck
Item Quantity Unit Price Total Price(Used) Ford Truck 1 $48,998.00 $48,998.00
Total $48,998.00Average Price
Whehooo! You made it to $10,000!
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Rescued Horses
Item Quantity Unit Price Total Pricehorse 3 $5,000.00 $15,000.00
Total $15,000.00
Average Price
Whehooo! You made it to $10,000!
Item Quantity Unit Price Total PriceBarn and House 1 $599,000.00 $599,000.00 http://www.mihorsefarms.com/bin/web/real_estate/AR28899/ACTIVATE_FRAMES/HOME_SEARCH/Howell/1307982907.html
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: House and Barn
Item Quantity Unit Price Total PriceNew Carpet Throughout House 1$3,800.00 $3,800.00Painter/Paint 1 $2,300.00 $2,300.00Dining Room Set 1 for both= and Buffet 1 $12,069.83 $12,069.83
How will I spend a Million Dollars?
Accounting SheetA Major Category - Itemized
Category: Decorating
• Finally, in less than 3 weeks, Andrea new what she needed to
buy in order to spend all $1,000,000. So she put together a quick little graph showing
all of her data:
How will I spend a Million Dollars?
Accounting SheetTotals of Major Categories
Major Category Total PriceDecorating $18,169.83House and Barn $599,000.00Rescued Horses $15,000.00Truck $48,998.00Solar Panels $20,399.00Clothing and farm things $270,969.63Accessories $10,662.54Horses $16,801.00
Total $1,000,000.00Average Price $1,000,000.00
Whehooo! You made it to a million!
DecoratingHouse and BarnRescued HorsesTruckSolar PanelsClothing and farm thingsAccessoriesHorses
FINALLY!!! She knew exactly what she needed
to buy. She had 73 minutes to buy it all
before her time would run out, so she set to
work!!