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IF I HAD A MILLION DOLLARS BY: LYDIA GAFFORD. $ IF I HAD A MILLION DOLLARS $ I'D PAY FOR COLLEGE The University of Chicago (where my parents went) cost.

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Presentation on theme: "IF I HAD A MILLION DOLLARS BY: LYDIA GAFFORD. $ IF I HAD A MILLION DOLLARS $ I'D PAY FOR COLLEGE The University of Chicago (where my parents went) cost."— Presentation transcript:

1 IF I HAD A MILLION DOLLARS BY: LYDIA GAFFORD

2

3 $ IF I HAD A MILLION DOLLARS $ I'D PAY FOR COLLEGE The University of Chicago (where my parents went) cost a grand total of: $194383.20 for four years of tuition including I0% of the money paid in addition for inflation, books, and college fees.

4 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80

5 $ IF I HAD A MILLION DOLLARS $ I'D BUY A HOUSE I bought a house, as Grandma carefully instructed. I bought a house of this address: 13707 Slate Mountain Ln, Houston Texas 77044. It cost me $274896.

6 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80 4/13/2016 New House -274896 530720

7 $ IF I HAD A MILLION DOLLARS $ I'D GO ON VACATION Camping! I setup a camping trip at Lake Houston Wilderness Park for two nights for $256 (plus an additional 8.20 for gas). I thought that it was a great choice because I love camping and the place had all sorts of cool activities with no additional cost. Near the cabins, there are so many cool places like: Playgrounds Trails Tennis Water playground Pool Garden kayacking

8 I found a restaurant near Lake Houston where I can go eat for two nights spending 113 dollars. I'D GO OUT TO EAT AT ZAMMITTIS RESTAURANT c 2

9 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80 4/13/2016 New House -274896 530720 4/13/2016 Vacation –378.08 530,348.72

10 $ IF I HAD A MILLION DOLLARS $ I'D BUY A CAR I bought a 2015 Honda Odyssey. It cost me $22545 including the required +18% for tax, Title and License.

11 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80 4/13/2016 New House -274896 530720 4/13/2016 Vacation –378.08 530,348.72 4/13/2016 New Car! -22545 507,803.72

12 $ IF I HAD A MILLION DOLLARS $ I'D DONATE TO CHARITY I donated $15000 to St. Jude Children's Research Hospital.

13 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80 4/13/2016 New House -274896 530720 4/13/2016 Vacation –378.08 530,348.72 4/13/2016 New Car! -22545 507,803.72 4/21/2016 Donation -15000 490803.72

14 WRAPPING THINGS UP $ IF I HAD A MILLION DOLLARS $ Oops! Forgot to take out 18% of the cost of the house for taxes closing costs. That will cost me- (beep, beep, beep, beep, beep) another $49,481.28. 18 % for investing I think one of money's greatest purposes is to make more $ MONEY $ So I put aside exactly $100,000 for investing. To get a balanced budget I put the remaining cash ($341,321.72) into a savings account. Savings

15 THAT MAKES MY LEDGER AT... 4/11/2016 Inheritance +1000000 1000000 4/11/2016 University of Chicago –194383.20 805616.80 4/13/2016 New House -274896 530720 4/13/2016 Vacation –378.08 530,348.72 4/13/2016 New Car! -22545 507,803.72 4/21/2016 Donation -15000 490803.72 4/28/2016 18% for house taxes, ect. -49,481.28 441321.72 4/28/2016 investing later -100000 341321.72 4/28/2016 Savings -341321.72 0

16 $ IF I HAD A MILLION DOLLARS....$

17 $ I'D BE RICH $


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