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What $1 Million Buys You

Who hasn’t spent at least a few daydreaming moments fantasizing about spending money? Not just a few hundred bucks either, but huge, irresponsible sums of money, all on completely unnecessary luxury items? Most of us probably have, but sadly, reality tends to intervene. Just as we’re settling into a meditation about a chartered plane jetting us off to Aruba, the memory of that unpaid and overdue $250 phone bill intrudes and throws cold water on the fantasy.

If one were to make a completely uneducated guess as to what something like the aforementioned scenario would cost, $1 million would probably be a common conjecture. However, it’s 2011 now, and $1 million isn’t what it used to be. However, that’s in part because a lot of people simply don’t know how far $1 million can go, and the amount of time and effort that it would take to spend it. For all the grousing over the rent, doctor’s bills and car payments, it would be hard to blow through $1 million just on those average expenses.

What could $1 million buy you? Click ahead to find out.

By Daniel Bukszpan
Posted 24 August 2011

Image Source | Getty Images