For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy Here is the third video of a three part series that demonstrates the power of compounding money. In this new video, Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) shows you how to have more money than you can count with a single penny (that's $.01 or 1 cents) in 365 days. Be sure to check out part 1 by Dr. Criniti: How to Become a Multi-Millionaire with a PENNY in 31 Days here: https://youtu.be/Pc97akIILJQ?feature=shared Be sure to check out part 2 by Dr. Criniti: How to Become a Quadrillionaire with a Penny in 62 Days here: https://www.youtube.com/watch?v=CiS4AihC1Es 🚀 Brace yourselves for the jaw-dropping climax of Dr. Criniti's compounding penny series! We embarked on an extraordinary journey from day 63 to the mind-blowing finale on day 365, where the growth of a single penny surpassed the colossal numbers of the financial dictionary's biggest names! Move over Million, Billion, Trillion, and even the likes of Vigintillion, Unvigintillion, Googol, and beyond – our humble penny's meteoric rise will leave you questioning everything you thought you knew about wealth. 🌌💸 Experience a financial revolution as we shatter expectations and redefine what's possible. The culmination on day 365 is nothing short of spectacular, making this a must-watch for anyone seeking financial inspiration. Witness history in the making – click play now! 0:00 - Intro 3:05 - The maximum a human can probably count to 7:13 - Britannica and large numbers, table 9:09 - Wikipedia and large numbers, Table of standard dictionary names of large numbers 9:42 - Conway and Guy large number system 10:21 - The number name Googol (not the company Google) and Googolplex 12:33 - Review of Parts 1 & 2 13:24 - Checking the day column is correct for 365 days; Days 1 - 62 review 15:55 - Day 63 16:34 - Day 68 - Passed the Quintillion number (1,000,000,000,000,000,000). Note: not "quintrillion"...lol. 19:10 - Day 78 - Passed Sextillion dollars. Note: not "sextrillion"...lol. 20:24 - Day 88 - Passed Septillion dollars. Explaining accumulative amount. 23:00 - Day 98 - Passed Octillion. 24:16 - Day 108 - Passed Nonillion. 25:13 - Day 118 - Passed Decillion 26:20 - Day 128 - Passed Undecillion 27:45 - Day 138 - Passed Duodecillion 28:39 - Day 148 - Passed Tredecillion 30:36 - Day 158 - Passed Quattuordecillion 32:04 - Day 168 - Passed Quindecillion 33:04 - Day 178 - Passed Sedecillion 33:57 - Day 188 - Passed Septendecillion 34:50 - Day 197 - Passed Octodecillion 35:38 - Day 207 - Passed Novemdecillion 37:02 - Day 217 - Passed Vigintillion 37:48 - Day 227 - Passed Unvigintillion 38:40 - Day 237 - Passed Duovigintillion 39:37 - Day 247 - Passed Tresvigintillion 40:49 - Day 257 - Passed Quattuorvigintillion 42:05 - Day 267 - Passed Quinvigintillion 43:22 - Day 277 - Passed Sesvigintillion 44:38 - Day 287 - Passed Septemvigintillion 45:26 - Day 297 - Passed Octovigintillion 46:11 - Day 307 - Passed Novemvigintillion 47:23 - Day 317 - Passed Trigintillion 48:03 - Day 327 - Passed Untrigintillion 48:47 - Day 337 - Passed Duotrigintillion 49:16 - Day 340 - Passed Googol dollars 49:44 - Day 347 - Passed Trestrigintillion 50:30 - Day 357 - Passed Quattuortrigintillion 51:26 - Day 365 - Final dollar amount 51:40 - Method 2 Match; Pronouncing amount on Day 365 56:07 - Conclusions 58:48 - End (for now?) Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy In this new video, Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) explains how to write a check with step-by-step instructions from the dollar amount to your signature on the check. 🌟 Mastering the Art of Financial Empowerment: Learn How to Write a Check with Confidence! 🌟 📝 Have you ever found yourself wondering, "How do I write a check?" You're not alone! In this must-watch tutorial, Dr. Finance demystifies the ancient art of check writing, empowering the youth and anyone seeking financial prowess. 🚀 Why Learn to Write a Check Matters: In a digital age, the fundamental skill of writing a check is often overlooked. But fear not! This video is your comprehensive guide to mastering this essential financial skill. From understanding the components of a check to decoding the etiquette, Dr. Criniti has you covered. 🎓 What You'll Gain: Step-by-Step Tutorial: Watch as Dr, Criniti breaks down the check-writing process into simple, easy-to-follow steps. Importance of Checks Today: Explore why checks still play a crucial role in personal and business transactions. Security Measures: Learn tips and tricks to secure your checks and prevent fraud. 🌐 Who Can Benefit: Youth and Beginners: Equip yourself with a fundamental life skill. Parents and Educators: Share this tutorial to empower the next generation. Everyone Seeking Financial Literacy: Enhance your financial toolkit with practical knowledge. 🔥 Why You Can't Afford to Miss This: Empowerment: Gain confidence in financial transactions. Practicality: Learn a skill you'll use throughout your life. Modern Relevance: Understand why check writing is still relevant in today's digital age. 👍 Don't miss out on this essential lesson! Hit play now and elevate your financial literacy to new heights! 🚀 0:00 - Intro to How to Write a Check? Dr. Finance Explains w/ Step-by-Step Instructions from Amount to Signing Check 1:30 - Dr. Finance Check (for educational reasons only) 1:52 - Your name and address 3:06 - Bank name and address 3:30 - Check number 3:58 - Pay to the Order Section and dollar amount 4:09 - Routing Numbers, Account Numbers, and Check Numbers at the bottom of the check 6:12 - How to write a check starting with date 7:30 - Write the name of person you are writing the check to 8:07 - How to void a check 8:47 - Checkwriting is serious 9:15 - Writing amount section on check 11:50 - Memo or For section 13:18 - How to sign your name on a check 14:29 - Transaction Register 17:25 - Conclusions 19:54 - End Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy In this new video, Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) reveals what is finance. Dr. Criniti defines the subject as well as explains how this important question became a foundation to his books. For more information about The Necessity of Finance (2013) book by Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) referenced in this video, please watch the trailer: https://www.youtube.com/watch?v=QFeNtsXWWug 🌟 Unlock the Secrets of Finance: Demystifying the Art of Wealth Management! 🌟 📈 Are you ready to embark on a journey into the heart of finance? Join us in this illuminating video as we unravel the intricate web of financial science and its profound connection to the world of economics. 🔍 Explore the Essence of Finance: Dive deep into the core concepts that define finance, demystifying its complexities. Dr. Criniti presents a crystal-clear definition that forms the foundation of this captivating science. 🤝 The Marriage of Finance and Economics: Witness the symbiotic relationship between finance and economics and understand how they intricately influence each other. Gain insights into the dynamic interplay that shapes our global financial landscape. 🌐 Why You Need to Know: Discover the real-world applications of financial knowledge and how it empowers individuals and economies alike. 🚀 Why This Video Matters: In a rapidly changing world, financial literacy is your key to success. This video isn't just about definitions; it's your passport to financial empowerment. 🔥 Key Takeaways: Clear definition of finance Insight into the relationship with economics Practical applications for your life and future 👍 Don't miss out on this transformative exploration! Hit play now and embark on your journey to financial enlightenment! 🌟 0:00 - Intro to What is Finance? 2:30 - What is not finance? Incorrect / Incomplete definitions of the subject; money is just a part of finance. 6:54 - The Necessity of Finance (2013) discovery. Dr. Criniti's definition of finance. 7:46 - Breakdown of Dr. Criniti's definition of finance and why it makes sense for the science. 10:40 - Finance and survivalism 11:20 - Finance and economics definition; Adam Smith: The Wealth of Nations 12:18 - Breakdown of Dr. Criniti's definition of economics; introducing the concepts of financial entities and economic entities. 13:59 - Economics and finance similarities: sciences of wealth management 15:59 - Conclusions 17:38 - End Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy Here is a detailed video about how to become a quadrillionaire with a single penny (that's $.01 or 1 cents) in just 31 days. In other words, how one penny could turn you into the richest person the world has ever seen! Be sure to check out part 1 by Dr. Criniti: How to Become a Multi-Millionaire with a PENNY in 31 Days here: https://youtu.be/Pc97akIILJQ?feature=shared Be sure to check out part 3 by Dr. Criniti: How to Have More Money than You Can Count with a Penny in 365 Days here: https://www.youtube.com/watch?v=T_D3a7KhhVc In this electrifying sequel, we dive deeper into the astonishing world of compound interest, unveiling the mind-boggling journey from a humble penny to quadrillions in just 62 days! 📈💰 Join us as we unravel the secrets behind the unprecedented 100% daily returns that catapulted our wealth to unimaginable heights. 🚀✨ Get ready to witness the power of compounding in overdrive, as we navigate the twists and turns of this financial rollercoaster, proving that with strategic leveraging, even a single penny can evolve into a quadrillion-dollar empire. 💎🌐 Don't miss this groundbreaking revelation—hit play now, subscribe, and secure your spot in the next wave of financial revolution! There are some boring math parts about how the future values were calculated (unless you love finance like me) to this video, but feel free to skip that part if you choose. Thanks and enjoy! :) 0:00 - Intro to How to Become a Quadrillionaire with a Penny in 62 Days 1:36 - Review of 1st Video (see link above or below): How to Become a Multi-Millionaire with a PENNY in 31 Days 2:28 - How to purchase my cool cup and other products...quick website tour. This is how you can support me so that I can create more videos like this 3:24 - Excel Review of 31 days conclusion. 4:44 - Day 32 - This begins the math part. Feel free to skip to conclusion (18:05) if you don't want to see this part, although I highly recommend it to understand the solution better. 5:44 - Day 35 - Passed the 100,000,000 (one hundred million amount) 7:00 - Day 38 - Passed the 1,000,000,000 (one billion amount) 8:02 - Day 45 - Passed the 100,000,000,000 (one hundred billion amount) 8:31 - Day 48 - Passed the 1,000,000,000,000 (one trillion amount) 10:06 - Day 58 - Passed the 1,000,000,000,000,000 (one quadrillion amount) 11:44 - Day 62 Amount 12:15 - Power of compounding; Owning all of the money in the world in 62 days or less 13:33 - Shortcut Excel calculation method to calculate the future value of money. 14:53 - Method 2 Match and my attempt to pronounce the quadrillion dollar amount on Day 62 15:53 - Method 3 to double check work on calculator 18:05 - Conclusions 19:52 - End (for now) Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

FINANCE PROFESSOR EXPLAINS: How to Become a Multi-Millionaire with a PENNY in 31 Days This video (Part 1 of 3) by Dr. Finance® will show you how to become a multi millionaire with a single penny (that's $.01 or 1 cents) in just 31 days. Part 2 by Dr. Criniti: How to Become a Quadrillionaire with a Penny in 62 Days here: https://www.youtube.com/watch?v=CiS4AihC1Es Part 3 by Dr. Criniti: How to Have More Money than You Can Count with a Penny in 365 Days here: https://www.youtube.com/watch?v=T_D3a7KhhVc In this mind-blowing video, we unravel the extraordinary power of compound interest, demonstrating how a humble penny can turn into a staggering fortune by doubling every day for just 30 days (you start with a penny on day 1 to make it a total of 31 days). 📈💰 Brace yourself for an eye-opening adventure into the world of exponential growth and financial wizardry with Dr. Finance®! 📊 Unveil the mathematical marvels behind the compounding phenomenon as we break down the numbers, providing you with a step-by-step guide to turning the seemingly trivial into a financial empire. 💹💡 Whether you're a seasoned investor or a financial novice, this video is your golden ticket to understanding the magic of compound interest and seizing the potential for unparalleled wealth creation. 🌟 Don't miss out on this transformative financial revelation—hit play now, subscribe for a front-row seat to the wealth-building extravaganza, and join the ranks of those who've harnessed the power of compound interest to turn pennies into millions! There are some boring math parts about how the future values were calculated (unless you love finance like me) to this video, but feel free to skip that part if you choose. Thanks and enjoy! :) 0:00 - Intro to How to Become a Multi-Millionaire with a PENNY in 31 Days 1:00 - How to purchase my cool cup and other products...quick website tour. This is how you can support me so that I can create more videos like this 2:06 - Overview of video, time value of money, and power of compounding. 5:05 - Setting up Microsoft Excel worksheet. This begins the math part. Feel free to skip to conclusion (34:06) if you don't want to see this part, although I highly recommend it to understand the solution better. 7:45 - Setting up Days Column on Excel Spreadsheet. 11:32 - Setting up Amount Column on Excel Spreadsheet including Day 1 with one cent. 15:04 - Future Value formula to calculate manually 16:43 - Day 1 and Day 2-6 18:10 - Day 7 Review and week 2 analysis 19:15 - Day 14 Review and week 3 analysis 21:23 - Day 21 Review and week 4 analysis 22:53 - Day 25 - Broke $100,000. Correction in language used: Please note that we did not "make" the amount stated on Day 25 in one day, but we have "accumulated" this total amount. Technically, we only made the amount from Day 25 minus the amount from Day 24 in one day (on Day 25). Each amount on any given day reflects the Accumulated total amount of money Owned. 23:41 - Day 28 - Broke $1,000,000 mark. 24:30 - Day 29 and 30 Analysis 25:13 - Day 31 Amount. 25:24 - Daily review of money growth. 26:27 - Shortcut Excel calculation method to calculate the future value of money. 29:47 - What is a penny? and present value 30:47 - Penny FV 31:38 - Method 2 Match 31:55 - Shortcut HP 10bll+ calculator method to calculate the FV of money 33:18 - Method 3 Match 34:06 - Conclusions 38:47 - End Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy If you would like to purchase any of the books in this video, you could easily find them at the following Amazon link below. Please note that: As an Amazon Associate, I earn from qualifying purchases. Shop & Buy Money Books Here: https://amzn.to/49txAWY Here is a detailed video of many of the treasured books that "COULD" make you rich (as opposed to here's what "SHOULD" make you rich or here's what "WILL" make you rich). Remember, making money will require you to learn and take action to increase the likelihood of attracting wealth. The journey will not be easy...but that's what will make it fun! :) Enjoy and let me know what books are your favorite and how they have impacted your life. For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his books, please visit: https://drfinance.info/books or ask your local bookstore for a copy For more information about many of the other financial books mentioned in this video, please visit: https://drfinance.info/best-finance-books-list 0:00 - Why reading the right books is important as a finance student 8:13 - The Bible and Ben Franklin 8:47 - The Wealth of Nations by Adam Smith 10:47 - Think and Grow Rich by Napoleon Hill 14:50 - Portfolio Selection by Harry Markowitz - Correction: diversification can lead to making you more money with less risk (not return). 18:22 - How to Win Friends and Influence People by Dale Carnegie 20:25 - One Up on Wall Street by Peter Lynch 23:14 - Trump: The Art of the Deal by Donald J. Trump with Tony Schwartz 25:16 - Tipping Point by Malcolm Gladwell 27:00 - Financial Peace Revisited by Dave Ramsey 28:36 - Respect Books 28:50 - The Millionaire Next Door by Thomas J. Stanley & William D. Danko; and the Wealthy Barber 31:19 - The 7 Habits of Highly Effective People by Stephen R. Covey 32:30 - Trust and Inspire by Stephen M. R. Covey IV 35:08 - Multiple Streams of Income by Robert G. Allen 36:45 - Sharon Lechter's Books including: 37:01 - Rich Dad Poor Dad with Robert Kiyosaki 40:36 - Think and Grow Rich for Women with Napoleon Hill Foundation 41:54 - Three Feet From Gold with Greg Reid and the Napoleon Hill Foundation 43:47 - Outwitting the Devil with the Napoleon Hill Foundation 43:58 - Exit Rich with Michelle Seiler Tucker 46:15 - E-Myth by Michael E. Gerber 50:07 - The Theory of Investment Value by John Burr Williams 52:28 - The Intelligent Investor: The Classic Text on Value Investing by Benjamin Graham; influenced Warren Buffet and John Bogle 55:15 - John Bogle's Books including: 55:15 - Bogle on Mutual Funds 56:12 - Character Counts 57:34 - John Bogle on Investing: The First 50 Years 58:57 - The Go-Giver by John David Mann and Bob Burg 1:02:00 - Sample of university textbooks of various finance courses and the American College 1:06:14 - Dr. Criniti's Books; 1:07:02 - The Necessity of Finance 1:07:45 - The Most Important Lessons in Economics and Finance 1:08:28 - The Survival of the Richest 1:13:25 - How to Be Rich by John Paul Getty; & Dr. Criniti's Powerful Wrap Up 1:25:47 - Conclusions Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy Inspired by, yet reflected on with an alternative perspective, the famous YouTube video Here in My Garage by Tai Lopez Here is a detailed video about my friend Tim who spent a lot of money renting a garage for 50 years that he didn't need. This money could have made him a multi-billionaire. There are many people out there who have similar issues and rent storage spaces of all sizes that they don't need. This money could have been saved and invested into something life changing. There are some boring math parts about how the future values were calculated (unless you love finance like me) to this video, but feel free to skip that part if you choose. Thanks and enjoy! :) 0:00 - Intro to Here in My Very Expensive Garage 2:25 - How much Tim would have had if he didn't rent his garage and invested the money instead at 10% for the last 50 years...You might need to sit down to watch this. 3:21 - Do you really need a garage or storage locker at all? The financial effects of hoarding. 6:28 - Excel formulas to demonstrate the math. (Feel free to skip this math section and go straight to 21:03, but I would recommend to watch it as the lessons are valuable). Please don't get hung up on the calculations, just the points made. You will not be graded on this yet. ;) 11:25 - Financial calculator to double check our numbers 12:49 - Back to Excel...different rates using What If scenarios. The result with higher interest rates equal higher FVs. 14:13 - 100% Return for 50 years equals all the money in the world. Tim would have been the richest man on the planet...lol. 14:28 - My friend Tim would have been a Billionaire at 20% rate of return for 50 years by not renting this garage and investing instead. The essence of opportunity cost. Tim, please get a glass of water and some ice before watching this...oh...and don't forget to sit too...lol. 15:35 - Time Value of money differences by making your payment in the beginning of the month versus the end of the month. He would have made a little more money. 16:46 - This problem applied to your average person renting a garage and/or storage locker. More math...almost done. 21:03 - Concluding about renting expensive real estate to store stuff that you will never use. Oh, and don't store knowledge...use it. 24:08 - End Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.

For more information about Dr. Anthony M. Criniti IV (aka "Dr. Finance®") and his #books, please visit: https://drfinance.info/books or ask your local bookstore for a copy Financial Education Videos by Dr. Finance® How to Treat a Customer: Finance Author Explains to Businesses How to Give Great Customer Service For more information about Dr. Finance®, please visit https://drfinance.info/ Dr. Anthony M. Criniti IV (aka “Dr. Finance®”) is the world's leading financial scientist and survivalist. A fifth generation native of Philadelphia, Dr. Criniti is a former finance professor at several universities, a former financial planner, an active investor in diverse marketplaces, an explorer, an international keynote speaker, and has traveled around the world studying various aspects of finance. He is an award winning author of three #1 international best-selling finance books: The Necessity of Finance (2013), The Most Important Lessons in Economics and Finance (2014), and The Survival of the Richest (2016). Dr. Criniti is also the host of the highly successful Dr. Finance® Live Podcast as well as a virtual superhost. Dr. Criniti has started a grassroots movement that is changing the way that we think about economics and finance. For more information about Doctor Finance, please visit https://DrFinance.Info. Disclaimer: This video is for informational purposes only. It is presented with the understanding that the author(s) and the publisher(s) are not engaged in providing financial, legal, or other professional services. If financial, legal, or any other form of advice is needed, please consult a financial advisor, an attorney, or another professional advice-giving entity. Also, the opinions and views expressed by any guests on this video do not necessarily represent the opinions and views of Dr. Finance® or its affiliates. Copyright © 2021 to Present by Dr. Anthony M. Criniti IV - All Rights Reserved.