2010MDPGL

__Million Dollar Project Guidelines __ Your mission: You have been given $1,000,000.00. You must spend all of the money. No more, no less. Every cent must be accounted for. Rules: 1. You must save between $25,000.00 and $100,000.00 for college. You may choose how to invest the money (stocks, bonds, savings account, certificate of deposit, mutual funds, etc – or a combination of these). 2. You must buy one home. The home must cost less than $300,000.00. You may **__not__** purchase any other real estate. 3. You must give between $25,000.00 and $100,000.00 to charity. You may choose the charity or charities, but they must be real, and you must explain what they do and why you choose them. 4. Your expenses must be listed in Google Docs spreadsheets. There should be one spreadsheet for a total of what you have spent for the project, and one for each “Major Category” of spending. 5. You must have at least 5 “Major Catagories”, and you must spend at least $25,000.00 in each “Major Category.” One of those will be “College Savings”, one will be “Home Purchase”, and one will be “Donations to Charities.” The other categories are up to you. 6. All purchases must be researched, and you must list a source for each purchase. You cannot simply make up prices. 7. You may choose to add 6% sales tax to your purchases. This is **__not__** required, and will make your project much more difficult. 8. You must display your finished project in a Google Docs presentation. 9. You must spend the money you have remaining after your home purchase, savings, and charitable donations to work towards the theme you have chosen. 10. A grading rubric will be passed out to show exactly how you will be graded. **__Good Luck! __**