VIEWS: 9 PAGES: 33 POSTED ON: 7/10/2011
By Jack Fleming From my $1,000,000.00, I deducted $200,000.00 for taxes. This was 20% and it brought my total down to $800,000.00. From my $800,000.00, I donated $100,000.00 to my favorite charity, The Children's Miracle League of Forsyth/Cumming. This is a great charity that helps kids with disabilities play baseball. I also want to become a “buddy” for this charity. My balance is now $700,000.00. I want to go to the University of Alabama for my college. It will cost: $17,214/year for Room and Board x 4 years = $44,856.00 $4618/year for Books and Supplies x 4 years = $18,472.00 $29,668/year for Out of State Tuition x 4 years= $82,672.00 For a total cost of $146,000.00. This makes my new balance $554,000.00. I decided to build a house in the Riverbrooke subdivision in Forsyth County. It has 5 bedrooms, a dining room, a kitchen, a family room, and a bonus room. My house cost $228,000.00 which left me with $326,000.00 For fun, I decided to get a dog. I picked out a miniature dachshund. His name is going to be Hines after Hines Ward. He cost $800.00. This made my new balance $325,800.00. I thought Sam would like a puppy of his own. I got him a miniature dachshund too. Sam is going to name his puppy, Rudy. I also got him some bowls, a crate, and toys to go with the puppy. The total cost was $917.00 so I have $324,283.00 left. For my family vacation, I decided to take my mom, dad, and brother to the Dominican Republic. We are going to the Club Med resort. The cost of the trip with airfare is $6,001.00. My new balance is $318,282.00. I thought my Epal, Lucy, would really enjoy going on a Disney Cruise. We are going to the Bahamas and I am taking my family with me too. We sail out of Miami so I had to buy airplane tickets for everyone too. The total cost of this trip was $9243.00. Now I have $309.039.00 left. I also thought it would be fun to take Lucy to my Grandparents lake house on Lake Martin in Alabama. My cousins and I always have a really fun time there! It will not cost much since we can use their lake house and boat. I decided it would cost about $250 for the week for groceries and some gas. My new balance is $308,789.00. While Lucy is here, I am also going to take her to Six Flags. The tickets will cost $30/each for a total cost of $60.00. Now I have $308,789.00 left. Another thing I wanted to do with Lucy to show her what Atlanta is like is take her to the World of Coke and a Braves game. The tickets to World of Coke are $10/each and the tickets to the Braves game are $48/each. The total cost for me and Lucy to go is $116.00. This means I have $308,613.00 left. I have told Lucy all about American football in my emails to her, but I thought she would like to go to the best football game ever – The Super Bowl! We will have to fly to Miami and then get tickets and a hotel. I decided we might as well enjoy ourselves, so we are flying first class! The total cost for both of us to go is $10,004. My new balance is $298,609.00 In order to get Lucy to the United States so that we can do all of our fun things, I had to buy her a plane ticket to get here. The cost of her roundtrip ticket is $745.00. I now have $297,864.00 left. Since Lucy and I will be doing so many cool things, I wanted her to have a way to remember her trip to America. I got her a Flip Video camera so that she could take pictures and videos to show her friends and family in England. The cost was $230. I now have $297,634.00 left. My mom likes jewelry, so I got her a ring as a gift. The cost was $1900.00. My new balance is $295,734.00 My dad loves football as much as I do! His favorite team is the Pittsburgh Steelers, so I got him season tickets for both of us to go to the Steelers games. The cost of the tickets was $3,500 each for a total cost of $7,000.00. I now have $288,734.00 to spend. I know that Mrs. Simmons loves sports and her favorite team is the Georgia Bulldogs. I got her two season tickets to the Georgia Bulldogs football games. The cost of the tickets was $4,000.00 for two. My new balance is $284,734.00. My whole family loves to go to the lake! I thought we would all really like to have Seadoos of our own. I bought four seadoos for everyone in my family. They cost $14,199 each for a total cost of $56,796.00. I now have $227,938.00 left to spend. My house has five bedrooms. There are four guest bedrooms and a master bedroom. The furniture for all five of these bedrooms cost $13,499.92 plus shipping and tax. I bought a table and chairs for the kitchen which cost $879.99 plus shipping and tax. The furniture for the dining room cost $3619.97 plus shipping and tax. The furniture for the family room included sofas, tables, a lamp, and an entertainment center. The cost for the family room furniture was $2699.98 plus shipping and tax. I wanted to make my bonus room a good room for watching TV and movies. The furniture for my bonus room includes sofas, an entertainment center, tables, and a 40” HDTV. The cost for this furniture was $5759.95 plus shipping and tax. The total expense for furniture for my house including shipping and tax was $29,424.00. My new balance is $198,513.00. For my house, I bought a dishwasher, refrigerator, microwave, stove, washer and dryer, and vacuum. The cost was $10561.93 plus shipping and tax. I also bought a Home Theater system that includes a DVD player, a 40” HDTV for my bedroom, and a 55”HDTV for my family room. The cost for these was $4999.97 plus shipping and tax. The total cost for all of my electronics and appliances including shipping and tax is $16,776. I now have $181,737.00 left to spend. I wanted to be able to go to the lake and take my family and friends, so I decided to buy myself a pontoon boat! The cost is $75,982.00. My new balance is $105,755.00. I decided that I needed to get a car that would be able to tow my Seadoos when I went to the lake. I picked out a Mercedes SUV because I thought it would be strong enough to tow things. The cost is $104,000.00 which leaves me with $1755.00 left. I also bought a trailer that I could use to tow my Seadoos. The cost was $1730 so I now have $25.00 left! With my last $25.00, I bought something fun – a Tech Deck Ramp! The Million Dollar Project taught me a lot of things. I learned that a lot of things are more expensive than I thought! I also learned that, when you are buying a house, there are a lot of things you have to buy and think about to put in the house. Hopefully, someday I will have a real $1,000,000.00 of my own to spend!
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