INDIVIDUALS
Welcome to the Individuals consumer spending program of the DoublePennies.Online Spending System™!
The Economic-Spending Research & Development (ESRD) team is testing how the Double Pennies theory can be converted and applied in real life as part of our life-long consumer spending activities.
But first, all participants must know the foundation of this research and development is based on understanding the Double Pennies theory.
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Many of us - around the world - heard of the idea of: What happens when you double a penny everyday for 30 Days?
The theory is well rooted and well defined, with widely accepted concepts in mathematics, known as compounding and exponential growth. The concept has been around for centuries. But the Double Pennies Theory itself has become popular during the late 20th century through its popularity into the financial literacy classes as well as discussions.
The chart below depicts the basic concept of doubling pennies for 30 days, with Day 1 starting with $0.01, which results into a grand total amount equal to $5,368,709.12 as depicted below:
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This concept is nothing less than an amazing theoretical phenomenon that has been admired by many people throughout the world. It has created a financial, educational, and social interest that generated many discussions for decades. Many people have come up with their own thoughts, versions, scenarios, and ideas about testing the theory in the real life. But, it has not happened.
The Double Pennies theory cannot work in real life for the simple fact that there is no system, or mechanical program, or any mechanism that can double pennies daily on a systematic and continuous basis. No one has come up with a mechanism that could double the pennies into the millions.
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Our team has created the DoublePennies.Online Spending System™ and made changes from the original Double Pennies theory to apply it to actual real life spending.
One significant change that is being made, to apply this theory into the real world, is converting the concept DAYS into MILESTONES.
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The team is carefully modifying and applying some parts of the Double Pennies theory to test it as a real life application.
The most important major modification that one needs to be aware of is the change on how time - that is, Days - affects the concept and why the major change that is being made is to convert to Milestones from Days.
It is virtually impossible to guarantee that a penny can double automatically each day or more in real life.
Therefore, the team is converting the doubling of pennies into Milestones instead of Days.
Why?
No one has come up with a solution to double pennies daily and automatically, as well as guarantee it to happen systematically - especially if extending out to as much as 30 days. And we do not have the magic or mechanism that will allow the doubling of pennies to occur especially when pennies are doubling into the millions. No one can guarantee in the real world that they can double the millions the next day. -
So a MILESTONE is dynamically and directly determined by the level of participation and engagement within the DoublePennies.Online Spending System™.
It's about real people, individuals just like you, coming together to actively participate in this unique experiment, learning, growing, and experiencing the power of compounding and exponential growth firsthand.
The more people - the more contributions - the more pennies are doubling. As more and more people join our community, the power of the doubling pennies experiment truly comes to life on spending.
Your milestones are based on the following dollar amounts, $5, $10, $50, $100, $300, $400, and $500.
Your Milestones will appear in your email from your order, to test the experiment and can be tracked on the home page.
What’s Next After the Experiment: Generating Money for Consumer Spending
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How would you like personal expenses be paid for by generating funds through the DoublePennies.Online Spending System™?
Insurance such as: auto, life, home, flood, medical, and any other insurances you may have
Utilities such as: electrical, WIFI, water, gas, propane, etc.
How would you like the opportunity to purchase a home with a no-interest mortgage? And, how about a car to purchase or lease with no-interest?
The vision of DoublePenniesOnline LLC is to ultimately improve the financial and economic quality of life based on family values and the future of our children. The DoublePennies.Online Spending System™ is an important part of the research to determine if there is an alternative approach to improving the financial and economic quality of life through the doubling of pennies that could compound and grow exponentially to provide a positive impact on life’s spending.
If the experiment does have a positive outcome, we are looking to create spending opportunities for consumers as well as funding opportunities for small businesses and organizations.
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We will then be offering consumer spending programs such as:
Housing (with support from real estate professionals)
Interest-Free mortgages (with support from mortgage professionals)
Insurances - Almost all types (with support from insurance professionals)
Military and Veterans’ benefits
First Responders benefits
Teacher benefits
Retirement benefits (with support from financial planning professionals)
Consumer debt: paid-off
Automobiles
School tuition: Pre-K thru 12, trade, medical, law (private or public)
Consumer spending on many goods and services
Utilities
Vacations
Traveling
Education
Hobbies
and much more.
Our main focus is to primarily support consumer spending, based on family values, while also financially supporting those businesses and organizations that are willing to support our vision to generate positive economic and financial activity and stability for families. Spending plays an important economic and financial role in our lives. And we do spend a lot of money over our lifetime - especially Americans.
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Answer: $3.3 million (Nasdaq).
Spending plays a significant role in our lives and the average American spends a tremendous amount. But, perhaps a strong correlation of consumption can be the enormous increase in credit card debt.
How would you like to have us pay for the vast majority of your spending?
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Answer: Approximately $1.3 trillion (U.S. National Debt Clock).
The Innovative Spending Program™ will also be used for consumers to pay-off consumer debt. Consumer spending will funnel through this program without families to spend through the use of credit and be burden by consumer debt. In addition, an interest-free mortgage may be another opportunity to offer to improve the financial and economic quality of life of families.
4 Major Economic and Financial Factors
To improve our economic and financial quality of life based on family values, all individuals (except 60+ retirees and qualified disabled persons) must participate in the four major factors below to qualify for the upcoming DoublePennies.Online Spending System™.
Work / Volunteer Work
Education / Training
Spending
Saving 10%
The above 4 major factors will allow you to:
Find your passion in life
Reach your human potential
Be productive
Be a contributor to the economy
Be a contributor to your community
Be a model citizen
Make it a better place to live now and for the future of our children
More information will be coming based on the results of the test. Stay tune!