That was his number for as far back as I can remember.
Pops would always say he could get by with that much. Not every year. Just one time.
Say you need $3000 every month to live on (takes care of all your bills and expenses).
Then a one-time $100,000 would last for 2 years and 9 months.
If you need $5000 every month to live on, it would last for 1 year and 8 months.
$10,000 every month, 10 months.
You get it. Easy math.
That would be a nice break from work, but assuming that you are maintaining your current lifestyle and not adding any income to that amount of money, it would run out soon.
What if you had it with your current lifestyle and you continued working?
Hopefully, you would apply it towards giving, debt, savings, investing, and then a trip with your spouse.
But how long would it last for you?
Honestly, if I had $100,000 in a lump sum right now, it would be gone within a week. After Jesus money, paying off our car, putting a significant amount towards our house, savings, and mutual funds, it’s gone.
It’s a powerful amount of money, but it’s gone in a day.
And that’s with no stupid purchases.
It’s a lot of money, but it isn’t.
I don’t know if Pops would really be set with that kind of money. I don’t know if he would’ve had it all together with that one-time amount. I don’t know.
But I do know that he believed in this:
“…give me neither poverty nor riches; feed me with the food that is needful for me…”
That is part of a Proverb. From Agur. I don’t know who Agur is other than the son of Jakeh, the man of Massa. ESV footnotes…
Pops didn’t care to be rich.
I’ve always admired (and envied) that.
I struggle with it now. I imagine that riches would eliminate most of my doubts and all of my worry.
But I was never taught that by him.
That’s a thought I’ve formulated myself through over-analyzing everything and watching television…
And listening to Mammon more than Daddy.
I found this interesting:
“I think everyone should get rich and famous and do everything they ever dreamed of so they can see that it’s not the answer.”
I want you to guess who said that.
Is that a lackluster answer? I didn’t think so. I thought it was incredible.
Hopefully, you know that Jim Carrey is rich and famous and is speaking out of experience.
He has earned the right to say that.
To me, profound.
I just did a Google search about chasing wealth, and one of the links is “Why Chasing Money is Worse than Dogs Chasing Cars.”
I’ll try not to be graphic, but have you ever seen dogs chase cars?
Number 1, it does not always turn out so well.
Number 2, what in the world does that dog think it’s gonna do if and when it actually catches the car?
Number 3, sometimes that car is pulling a trailer, and the dog doesn’t see it.
To me, profound.
How about this:
“But those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction. For the love of money is a root of all kinds of evils.” – somewhere in the Bible
The next verse says to flee from these things…
To me, profound.
Flee from riches?
Advertisements, commercials, music, people, my mind, etc…
They all tell me to get rich or die trying.
But the Bible and Pops have always taught me differently, so there must be a reason to not chase riches…
Here’s the rest of Agur’s proverb from before:
“…lest I be full and deny you and say, ‘Who is the Lord?’ “
Recall that he said “give me neither poverty nor riches” (emphasis mine).
He didn’t want the worst and he didn’t want the best. He wanted the in between.
He wanted peace.
He wanted contentment.
He wanted freedom.
That’s what Pops was always trying to teach me whether he knew it or not.
It’s not about riches. It’s about freedom.
Do not conform.