Million Dollar Scrapbook
You will complete this project individually. The Million Dollar Scrapbook, you will help you understand
the question: “How Much is One Million Dollars?” For this activity, you will pretend that you have been
given $1,000,000 to spend as you choose on tangible items! Allow plenty of time to complete this project
– one million dollars is a great deal of money!
Time will be given in class to work on this project but you will still need to work on it at home as well.
To successfully spend your million, you must follow these guidelines:
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You may put UP TO $50,000 away for college
Your home CANNOT cost over $250,000
You may give no more than $50,000 to a charity of your choice (specify the charity by name)
Your car CANNOT cost more than $50,000
The following is a list of items that you can purchase but in limited quantities:
a) house (1)
b) car (1)
c) bedroom furniture (1 set)
d) living room furniture (1 set)
e) family vacation (1)
f) iPad (1)
g) iPod (1)
h) iPhone (1)
i) computer (1)
j) luxury items like a RV, quads and other such items (1)
k) game systems like Xbox or PS3 (1)
l) entertainment centers/system (1)
m) sporting events (2)
n) jewelry (4)
After each purchase, you must write a paragraph explaining why you chose this item and how it will
enhance your life
You MUST buy 20 items - No more! No less!
You may ignore sales tax and consider only the purchase price in your running total. DO NOT
ROUND PRICES!!
You MUST spend exactly $1,000,000 (to the penny!) DO NOT ROUND PRICES!!!
Additional Requirements & Guidelines for the Scrapbook
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You must include the tally sheet in the front of your scrapbook.
The scrapbook must be bound at the far left edge (just like a book). You may bind your scrapbook
with yarn or brass fasteners or use a three-ring binder or folder.
Your million-dollar scrapbook must be neatly and accurately completed. It should have a professional
appearance and organization. Use only one side of the paper!
Each page MUST be numbered in the order from the tally sheet and should include the following:
o a picture of the item (closely resembling the item you want)
o the amount the item cost
o a paragraph about each item
The last page in your “Million Dollar Scrapbook” is to be a reflection page. The reflection MUST
two to three (2-3) paragraphs reflecting how you felt doing this project (BE HONEST!!!). If someone
asked you how much a million dollars is, what would you tell them and why.
Million Dollar Scrapbook Tally Sheet
Item
Cost
Running Total
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Total ________________________
Million Dollar Scrapbook Rubric
Name: ______________________________
*Points will be removed for missing any of the required elements in each category as listed below.
Number of items – 20 items purchased
20 pts
__________
Pictures – accurately represents the 20 item
20 pts
__________
Paragraph – 20 complete, power paragraph,
20 pts
__________
Purchase Price – whole dollars for each of the 20 items
20 pts
__________
Page format – item, price, picture, paragraph, uses only one side, neat
10 pts
__________
Conventions – accurate spelling, punctuation, and capitalization
10 pts
__________
Tally Sheet – neat, accurate, totals $1,000,000
20 pts
__________
Exact Amount Spent – can have up to $100 left over
20 pts
__________
Page Order – matches the tally sheet
20 pts
__________
Binding – neat, will not fall apart, has professional quality
20 pts
__________
Reflection – 2-3 paragraphs, honest
20 pts
__________
150 pts
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TOTAL