CONGRATULATIONS! You have WON!!!

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Presentation transcript:

CONGRATULATIONS! You have WON!!! How would you like to spend it? But as always, there are a few conditions.

The fine print You must spend one million dollars to the exact cent. You cannot buy more than one of any item. E.G. You cannot buy two houses or two cars. You must find every item you purchased out from a catalogue, newspaper or internet with costs or receipts. All ‘cut outs’ must have the price clearly marked. Prices need to be added up. You must purchase a House and a car You must furnish your house E.G. Lounge room (Couch, TV etc) Kitchen (appliances), Bedrooms (Bed, Doona, Pillows etc) .

Step One: Create a budget. Item Number Item Description Item Cost Total Cost This is a list of the items that you would like to buy and an estimation of their cost. Don’t forget to work out the total cost of all of the items.

Step Two: Go Shopping! This is the fun part! Begin with the ‘big ticket’ items. Make sure you cut out the item and that price is clearly marked. You may use newspapers, magazines and catalogues. You may also use the internet.

Step Three: Keeping a Record You will need to keep a record of your spending. This needs to be done manually and it must show all of your working out. Item Number Item Description Item Cost Total Cost

Assessment At the end of this project you will be able to: Add and subtract using money and decimals. Discuss the meaning of difference and how to work out how much you have left to spend. Use MS Excel to represent and calculate data.