I’m that person, the one who bends over to pick up a penny. I tell our kids, “Every penny counts.” Pennies add up to dollars, and I like to think of every bit of change as a portion of a dollar. Would you leave a dollar on the ground?
And how would you like to save between 13 and 26% on every purchase? How would that add up for you over time for every grocery trip? Target? Walmart? Gas fill up? The secret to savings at all these places is to pay off your credit card bill in full every month. Otherwise those %%% are being added to your expenses. Okay, I know this savings only works wherever you use credit cards.
Have you done the math for how much your car really costs after all the payments are made?
I might be a little sidetracked, because Plodding is about savings. Larry Burkett wrote, “It is not unspiritual to save; nor does it represent a lack of faith….savings [is] to store money for the purchase of a future need” (The Word on Finances). A replacement vehicle can be purchased with savings instead of debt.
A lifestyle of debt will continually drag you down where a lifestyle of savings can get you all the best deals.
We recently shopped for a car for our 16-year-old on a used lot. The place does financing, but the salesman knew we pay cash. Know what happened to the price of the cars? All cut by at least a third and some more. There’s a reason for the old saying “Cash is king.”
How do you get to where you pay cash for a car?
Steady plodding brings prosperity; hasty speculation brings poverty. (Proverbs 21:5 TLB)
Plodding. The picture here is of filling a large barrel handful by handful. Make car payments to your savings account. Will you need to purchase Christmas gifts? Start saving in January. Will you need to make repairs? Put back a little every paycheck to cover future expenses. This is easier to do, of course, if the B-word is used at your house (i.e. Budget).
God condemns hoarding just in case because it means we are depending on money instead of God (Luke 12). But he applauds purposeful savings, that which is earmarked for a future need. Like Joseph saving Egypt and many surrounding countries by saving during seven years of plenty to have supply during seven years of famine (Genesis 41).
Go to the ant, O sluggard, observe her ways and be wise, which having no chief , officer or ruler, prepares her food in the summer, and gathers her provision in the harvest. (Proverbs 6:6-8)
There is precious treasure and oil in the dwelling of the wise, but the foolish man swallows it up. (Proverbs 21:20)
The list of things we’re saving for just got really long, because we purchased a house. It will need a new roof someday, new HVAC, replacement appliances, etc.
We don’t save for every eventuality, but we do honor God in our finances by applying His word and trusting that He is our all-sufficient one (hence His name,El Shaddai), and our Lord who provides (Jehovah Jireh).