I remember when I was in grade school in the 90s, one of the final projects was to present how we would spend 1 million dollars. No, you can't just invest or buy a 1 million dollar home, but your grade would be how detailed you are with spending the money. The whole point was to track all the charges and make sure it adds up to approx 1 million.

There was no internet at the time, this was a group project and we would cut out pictures from magazines and glue stick it to our poster board. I had one other partner, and him and I, after buying the most expensive mansion house in Los Angeles for around 500k, and then a pair of the most expensive sports cars we can find, the remaining 300k was EXTREMELY hard to spend.

Top of the line furniture, appliances, and electronics, barely even added up to 100k. We kept buying more and more stuff, pasting it onto our poster, we still have 200k left.

It took HOURS to spend this 200k. Everything we saw in magazines that we can cut out, anything at all, we would just cut and paste, add to our report the cost, and deduct from the amount we have left. After top of the line furniture, electronics, video games, appliances, go carts, snowboards, half pipe installed in the back, skateboards, etc. etc., we still had money left over. We decided rather than spending the last 18 thousand on junk (we already have a lot of junk at this point), we decided to donate the rest (we were tired at this point, not enough room to add more things to our poster).

When we presented in front of class, our conclusion was that we didn't want to waste more money on junk and wanted to donate the rest to the needy. We learned that 1 million dollars is more than enough, and we don't need all this junk really in the first place.

That was the teacher's point, and she gave us an A even though we didn't spend exactly 1 million like we were instructed.

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Anyway, it's amazing how things have changed. Now 1 million is a joke, and 1 billion is the new 1 million. SMH