How much money is enough?

The tendency is for lifestyle to expand to eat up the available salary as it grows. Better to pray about it and pre-determine to cap your lifestyle. For example, if you begin your career at $25,000 and you keep getting promoted so that your salary is $125,000, how much of that extra $100,000 do you spend on yourself?

When Karen and I had just graduated from college and went to Indonesia as missionaries in 1980, my salary was $14,400. Our one bedroom apartment cost us $100/month and our food budget per month was also $100. We took public transportation. We managed to live on about $3000 that first year.

After having had five children, three of whom are in college, our expenses have ballooned. We are not ascetics, but we are frugal. And we recognize that everything we have belongs to God.

We are stewards of all the time, money, relationships and opportunities that he has given us. We are stewards of even the ideas that come into our minds as to how we could potentially help the widows and orphans who populate the world.

Yes, Karen and I take vacations and go out on dates. But we recognize that we live in a world where we are in the top 1% of humanity in terms of resources. And we serve a God who said, “To whom much is given, much is required.”

Few of us get rich overnight. Most of us have to pay off debts and finance increasing responsibility in a society where education and healthcare costs are skyrocketing. But just as “bracket creep” can cause our tax rate to increase, so “lifestyle creep” can nudge us into ever more costly places in life. Even though we have more and more actual dollars to spend, we somehow continually decide to allocate them to ourselves.

I don’t know how exactly God is going to look at my stewardship, but when I stand before him, I want to have lived a considered life, a life not characterized by self-absorption and small-mindedness. I don’t want to be a victim of lifestyle creep.

One of the best ways I’ve seen to combat this phenomenon is to pre-determine what the cap on our lifestyle will be if our salary increases. The simple lifestyle is something that doesn’t happen by accident in America. It must be fought for. It is the fruit of the person who recognizes the most successful traps laid by our enemy and prays through a thoughtful response to them.