Money mindsets
Examining your mindset can help cultivate stewardship
Research has been conducted on attitudes people hold toward money and how it impacts their sense of self-worth. These have been labeled as “money mindsets” and describe how people think and feel about their financial well-being – or lack of it.
Some studies have shown that the amount of money people have does not necessarily determine a person’s contentment and well-being. These mindsets and attitudes can help us understand why it’s difficult to talk about money with loved ones.
Following are some statistics on the money mindsets of U.S. Christians.
- Surviving: Feeling trapped 6% of U.S. Christians
- Struggling: Feeling strapped 11% of U.S. Christians
- Stable: Feeling OK 32% of U.S. Christians
- Secure: Feeling mostly confident 38% of U.S. Christians
- Surplus: Feeling grateful 13% of U.S. Christians
It’s amazing that in one of the richest countries in the world, nearly 50% of Christians feel financially insecure. More than 85% of Christians feel they do not have enough to share generously. (Your New Money Mindset: create healthy relationships with money, by Brad Hewitt and James Moline).
Money is on our minds daily. Finances impact how we feel about ourselves, about our faith and about God. For these and other reasons, our money mindset is a spiritual issue and merits conversation in our homes and churches.
Everence Stewardship Consultants offer resources for churches and attendants to learn more information on this and related stewardship topics. Examining your money mindset can help advance your – and your church’s – stewardship ministry.