30-Day Penny Challenge

Curious what happens if a penny is doubled for 30 days?

What is the 30-day Penny Challenge?

It's a way to demonstrate how compounding works. The first day starts with $0.01. On day two the penny doubles to $0.02. Day three it's at a whopping $0.04 and so on.

What's a valuable lesson learned from watching a penny double?

The results can seem insignificant in the beginning (and even at the half-way mark). But right before the 30-days end (around day 28), the exponential growth accelerates into a powerful multiple (over a million).

How can the penny challenge be applied to other areas in life?

The penny challenge is an excellent metaphor for the tiny (but mighty steps) towards maintaining health, building wealth, and gaining wisdom and knowledge.

What are fun activities for penny enthusiasts?

• Maintaining a coin collection

• Counting and wrap pennies

• Playing the penny drop game