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The Million

Dollar Project!
Have you ever wondered what it would be like to have a million dollars? Today is
your lucky day! You have been given 1 Million virtual dollars to spend! You must
spend as close to the million dollars as possible without going over.
Here are some rules you must follow:
You must purchase a house that is no more than $600,000
You must purchase one car
You must make a charitable donation (no more than $10,000)
You must put $100,000 in a savings account
You must include 1 family holiday
You cannot purchase more than 3 of the same items
You do not need to factor in tax
You must purchase at least 10 items
Your money needs to last you 1 year (365) you need to calculate how much
money you will need for living expenses each day (eg. Food, bills etc) and put
this away also
Your project must include:
A tracking sheet of your expenses (see attached)
For each purchase you must include:
- A brief description of the item
- cost of the item
-picture of the item
-brief outline of why you decided to purchase this particular item
Booklet handed it must contain a designed front cover, tracking sheet and
purchase pages.

Million Dollar Project Rubric


Criteria

/18

1 point

2 points

3 points

Use of the
Failed to
expenses tracking submit a
sheet
tracking sheet

Rarely uses the


tracking sheet for
all expenses and
clearly shows
starting balance,
money spent and
remaining balance

Mostly the
tracking sheet for
all expenses and
clearly shows
starting balance,
money spent and
remaining balance

Consistently the
tracking sheet for
all expenses and
clearly shows
starting balance,
money spent and
remaining balance

Correctly
calculates a
running total

Failed to
calculate a
running total

Provides minimal
evidence of a
running total

Uses a running
total that is
correct most of
the time

Correctly uses a
running total with
correct
calculations

Includes a
description and
picture of items
purchased and
reason behind
purchase

Failed to
complete a
purchase
description for
any items

For some
purchases
description and
picture of items
purchased and
reason behind
purchase, these
could contain
more detail

For most
purchases
includes
description and
picture of items
purchased and
reason behind
purchase,
contained most of
the required
detail

For each purchase


includes a
description and
picture of items
purchased and
reason behind
purchase,
contained all
required detail

Is able to
maintain a budget

Was not able


to accurately
keep to the
budget of 1
million dollars

Booklet
information and
quality

Booklet does
not contain
enough of the
information
required and it
hasnt been
completed to a
high standard.
Booklet
contains many
errors and it is
clear that no
editing has
taken place.

Editing of work

0 Point

Name:______________ Score:

Accurately kept to
the budget of 1
million dollars

Booklet is of good
quality containing
some of the
required
information and is
mostly presented
well.

Booklet is of very
good quality
containing most of
the required
information and is
presented well.

Booklet is of
extremely high
quality containing
all of the required
information and is
presented well.

Booklet contains
a few errors that
should have been
corrected in the
editing process.

Booklet contains
minimal amount of
errors and some
proof reading and
editing has taken
place.

Booklet contains
no errors and has
been proof read
and edited for
mistakes.

Minat Terkait