Do You Have A Loose Change Mentality?
How do you spend money? Do you respect money in all sizes or do you only respect the big bills?
You have loose change mentality when you carelessly spend small amounts of money. Politicians are a good example. They carelessly spend 100's of millions of dollars without thinking twice. They look at that kind of money as loose change because it is a mere drop in the bucket when you are talking about their spending compared to the trillions of dollars that come in each year from tax revenue. However, if you have all politicians collectively spending that kind of money it can add up to much larger percentages. They look at spending on an individual basis for their pet projects and political contributors rather than spending on a collective basis. With 400 plus politicians in Washington, there is a lot of loose change spending occurring. We can fall victim to the same habit. We can spend 10 here and 10 there. We can waste money on thoughtless spending every once and a while. However, it all adds up and can become a problem when we don't consider its effect on the overall budget.
So, how do you prevent falling in the loose change trap? Rethink how you value something as small as a penny.
How we handle the small items is practice for how we handle the big items.
Wasteful spending is a habit. Today you might be carrying 25¢ in your pocket, lose it and not think twice. It is only a quarter. Tomorrow it might a dollar and then it might be a $10 or a $20 bill.God wants us to be a good steward of every dollar and coin we have. It is easy to fall into a loose change mentality and before you know it we are treating the big bills in the same manner as the small ones. However, if we shift, we can become a good steward over money whether it be big or small. The reality is that God wants us to treat every dollar from a stewardship standpoint regardless of whether it is big or small. It is about appreciating everything that is given to us and treating it as a blessing versus something that is meaningless. There is a huge life lesson there.
Luke 16:10 "Whoever can be trusted with very little can also be trusted with much, and whoever is dishonest with very little will also be dishonest with much.
Just imagine if the politicians approached the stewardship of money from the perspective of God's economy...