Which Would You Pick: ,000,000 Or A Magical Penny?

Which Would You Pick: $1,000,000 Or A Magical Penny?

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Would you prefer to receive $1,000,000 or a magical penny that doubles in value for 31 days?
This question is the basis for some of my favorite lessons when I’m teaching personal finance workshops to undergrads, grads, and employees.  Let’s see if you can guess the answer too!

The Magical Penny
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Wandering on the street one day, you notice a shiny penny on the sidewalk.  When you…

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