If you pay a price of $19.90 with a $20 bill, and you insist on receiving the 10c change, stop.
If you pick up a quarter lying on the ground whenever you see one, definitely stop.
Commit to only paying with notes and forgetting about coins. Obsessing over 10c here and 20c there reinforces a mindset of scarcity.
If you must collect change, watch this video, filmed at the Platinum Mastermind in Fiji, and find out what Nik Halik recommends you do with your coins.
WHAT TO DO WITH YOUR COINS
Every time you have a coin, place it in a jar. Every day, empty your pockets of change and transfer it to the jar.
By the end of the year, you will probably have $400 or $500. With this money, go to a book store and buy books for young kids. Not toys, because kids will get sick of them after 2 weeks.
With those books, go to the nearest hospital and ask to see the children who get the least visitors. Give them the books.
Not only will you be doing something good for the hospitalized kids, but you’ll also lose your scarcity mindset and stop worrying about insignificant amounts of money.
IS YOUR FRUGALITY HOLDING YOU BACK?
Nik Halik often teaches the above tip at his seminars.
His most hostile audience was in Scotland, a country known for its frugality. When he advised them to forget about change, their faces dropped. Still, they had to admit that Nik was right.
Frugality can work for you, but it can also work against you. Time is money, and it’s not worth spending any more than 10c of your time worrying about 10c.