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The Value Of A Penny

September 30, 2008 By: admin Category: Wealth Builder

Some people turn their noses up when they see a penny on the ground others see it and for time sake they rationalize in their mind that they would save a penny not taking the time to pick it up.

Their are two ways a penny could make you a Millionaire, the first is obvious, a rare coin, double stamped, misprint and other similar values, the other way is hardly ever discussed. What happens if you double your penny every day for a month? i will help you with the first five 1c, 2c, 4c, 8c, and 16 cents, as you multiply by 2 the penny begins to grow and surpasses 1 million dollars, at the end of 30 days.

Ways to double your penny are pretty common, investing, owning your own business, or real estate, choose your sector and jump in. Now understand, if the three sectors which were named above are out of reach their is still hope because you can put your money into a savings instrument like a CD or a Money Market, the process of doubling your penny might be a little slower but your on the right track of doubling your penny, i know right now your saying to yourself i never thought about that kind of fourmula to become a millionaire.

If we dont despise small startings the baby steps can launch us to great horizons. I hope today i gave you a new appreciation for saving and investing, with good discipline with your money the only part that could stop you getting to a million is when you get to the amont that is lesser and you go on a shopping spree, say what thats right some people will save up to a thousand dollars and decide to go shopping remember stay focused and you will reach your goal what ever it may be.

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