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The Million Dollar Project

The Million Dollar Project. By Logan Kawecki February 2012. The Million Dollar Project. Starting funds = $1,000,000. 20% Taxes. $1,000,000 X 20% = $200,000 $1,000,000 - $200,000 = $800,000 remaining. 10% Charity/Donations. $1,000,000 X 10 % = $100,000

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The Million Dollar Project

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  1. The Million Dollar Project By Logan Kawecki February 2012

  2. The Million Dollar Project • Starting funds = $1,000,000

  3. 20% Taxes • $1,000,000 X 20% = $200,000 • $1,000,000 - $200,000 = $800,000 remaining

  4. 10% Charity/Donations • $1,000,000 X 10% = $100,000 • $800,000 - $100,000 = $700,000 remaining I chose to donate $100,000 to the Humane Society of Forsyth County because I love animals. “The Humane Society of Forsyth County in Cumming, Georgia is dedicated to preventing cruelty, relieving the suffering of, and providing humane treatment and rehoming for animals. It is a “no kill” shelter” (Human Society)

  5. 4-Year College Education • I would like to attend the University of Alabama. My brother is going to UA next year. Their football team is my favorite team. I want to study Geology and eventually become a paleontologist. • $700,000 - $142,600 = $557,400 remaining *includes tuition, fees, dining, room, books & supplies

  6. Car • I want to buy a new black 2012 Ford Fusion Hybrid for $33,080. I like the way this car looks. I like that it is a hybrid and gets 41 miles per gallon. • $557,400 - $33,080 = $524,320 remaining

  7. Home • I selected this 3 bedroom, 2 bathroom brick home in Cumming, Georgia for $171,000. One of the reasons I want it is that it has a pool. • $524,320 - $171,000= $ 353,320 remaining

  8. Family Gifts/Sister (Hannah) • I want to buy Hannah a 2-month old Labrador Retriever/Bulldog mix named Marilyn from the Atlanta Humane Society for $150. • $353,320 - $150 = $ 353,170 remaining

  9. Family Gifts/Brother (Luke) • I want to buy my oldest brother, Luke, a new bat for $300. There are new bat rules in 2012 and he can’t use any of his old ones. • $353,170 - $300= $ 352,870 remaining

  10. Family Gifts/Brother (Janson) • I want to buy my brother, Janson, a plane ticket to come visit us. It costs $218. He would fly from Dayton, Ohio to Atlanta, Georgia. • $352,870 - $218 = $ 352,652 remaining

  11. Family Gifts/Dad • I want to buy my dad a PlayStation 4 for $700. It is not out yet but he enjoys playing video games. • $352,652 - $700 = $ 351,952 remaining

  12. Family Gifts/Mom • I want to buy my mom a chocolate diamond necklace for $523. She likes jewelry and she doesn’t have any chocolate diamonds. • $351,952 - $523 = $351,429 remaining

  13. E-pals • Inviting my e-pals to visit me in America • Flight from Manchester, England $1,800 • World of Coke $32 • Stone Mountain $80 • Georgia Aquarium $60 • Atlanta History Center $17 • Stars N Strikes $64 • $351,429 - $2,053 = $349,376 remaining

  14. Vacation • I want to take my brothers on 3-Night Bahamian Cruise on Disney Dream for $1,700. • $349,376 - $1,700 = $347,676 remaining

  15. Mrs. Simmons’ Gift • Mrs. Simmons loves the Bulldogs! I want to buy her this comfortable chair for $350 to watch Georgia football! • $347,676 - $350 = $347,326 remaining

  16. Home Furnishings* • Living Room - Mid Range $6,500 • Dining Room - Mid Range $6,100 • Family Room - Mid Range $8,200 • Bedroom - Mid Range $6,000 • Master Bedroom - Mid Range $7,200 • Home Office - Mid Range $3,700 • Kitchen – Mid Range $10,000 • $347,326 - $47,700 = $299,626 remaining *http://www.alyciawickerdesign.com/2011/02/07/how-much-does-cost-furnish-house

  17. Entertainment • I want to buy a lighthouse for $5,000 because I would like to bring my friends here. It would be a great view from the top! • $299,626 - $5,000 = $294,626 remaining

  18. Entertainment • I want to buy myself a PlayStation 4 for $700. • $294,626 - $700 = $293,926 remaining

  19. Entertainment • I want to buy a Thoroughbred houseboat because I can travel and still be at home! • $293,926 - $199,000 = $94,926 remaining

  20. Entertainment • I want to buy an alligator inflatable bouncy house for $3,062 • $94,926 – 3,062$ = $91,864 remaining

  21. Entertainment • I decided that I would buy 10 acres of land as an investment for $91,864. $91,864 – $91,864 = $0 remaining!!!!!

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