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Managing a Million: My Journey of Taxes, Charity, and Big Spends

elana avatar
13 diapositives · 307 Views · Aug 04, 2014

Today, I navigated the financial landscape of having a million dollars. I dedicated 10% to charity and 20% to taxes, reducing my total to $970,000. With plans to attend the University of Georgia for four years, my education costs amount to $85,000, leaving me with $885,000. I chose a light blue VW Bug for $25,000, bringing my balance to $860,000, before committing to a house in Three Chimneys Farm for $474,300. After family gifts, a trip to England, and various expenses, my journey is both exciting and enlightening.

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  1. By : Madeleine J. Million Dollar project

  2. Taxes and Charity • Today I gave 10% to charity and 20% to taxes . • I had $1,000,000.00. • I now have $970,000.00.

  3. College • I decided I wanted to go to University of Georgia and cheer there. To go to UGA for 4 years, tuition, room, board and books all together will cost $85,000. • I now have $885,000.

  4. Vehicle • As my car I choose a light blue VW Bug convertible. My car costs $25,000. • I now have $860,000.

  5. House • I am buying a home in three chimneys farm the house I’m buying is listed for 474,300 dollars • Now my new total is 415,700.00 dollars •  • The house I’m buying sort of looks like this

  6. Gift for Family Member • Today I am buying gifts for my family. • For my mom I am going to buy a ticket to the gators game and a 10$ gift card to get frozen yogurt it will cost 299 $ now I have • Gators Seminoles • vs..

  7. Gift for family member • For my dad I am getting him an iphone also for my brother I am getting him an iphone all together it will cost 200 .00$

  8. Gift for family member • I had 415,700.00 $ now I have 415,201.00 $

  9. Vacation I decided I wanted to go to england with my brother it will cost 971.00 $ now I have 414,230.00 $

  10. Entertainment and Hobbies

  11. Gift for Teacher

  12. ePal Visit

  13. Home Furnishings