The Power of Pennies, or how small things turn into big things.
You’ve heard the old adage, “A Penny Saved is a Penny Earned?”
One penny? Really? Yes!
Remember the question of Zechariah 4:10, “Who dares despise the day of small things?”
Some years ago I was counseling a family, who despite their good income, was always broke. I asked the father, “Can you save a dime out of every dollar?” Without hesitating, he responded with a firm “No.”
He was right! If a person is always broke, they are not saving a dime out of every dollar. The question did not ask if a dime can be saved, but rather “Can YOU save a dime?” He knew his story.
I changed the question and asked again. “Can you save one penny out of every dollar?” He quickly affirmed that he could.
The problem with that answer is that I knew the truth, but he did not. The correct answer is that he could NOT save a penny. If he could save even a penny, then he would not be in debt. If you take all you can earn and all you can borrow on credit cards and spend it, then you are broke. If you never learn to save a penny then you will live hand to mouth and die penniless.
Yes, a penny saved is a penny earned, because you will always start the next day of your life with one more penny that you didn’t have last yesterday.
This story works much better if you save a dime.
A man or woman who earns $40,000 dollars a year and saves a dime a dollar, will have $4,000 to start off the next year.
Many folks can’t do that. According to a 2021 survey, 58% of American families do not have $1,000 saved. Resolve to be better than that. Save a dime. If you can’t, then start with a penny.
Lonnie Davis