Archives For Contentment

How to Be Content with Your Taxes

Corey —  September 7, 2009

       Taxes. Uncle Sam by uhuru1701 on FlickrWe hate to pay them, but we know we must. We don’t like how our tax money is spent, but that doesn’t change the fact that we must still pay our taxes. (It does mean we should be more careful about whom we elect for office though!) Despite our disdain for taxes, is there a way we can become content with our taxes? What I mean is that we must pay taxes so we might as well find a way to be happy about it.

       God has taught us that we must pay our taxes. Jesus gave clear teaching on this, and Paul emphasized it as well in his writings.

       13 And they sent to him some of the Pharisees and some of the Herodians, to trap him in his talk. 14 And they came and said to him, “Teacher, we know that you are true and do not care about anyone’s opinion. For you are not swayed by appearances, but truly teach the way of God. Is it lawful to pay taxes to Caesar, or not? Should we pay them, or should we not?” 15 But, knowing their hypocrisy, he said to them, “Why put me to the test? Bring me a denarius and let me look at it.” 16 And they brought one. And he said to them, “Whose likeness and inscription is this?” They said to him, “Caesar’s.” 17 Jesus said to them, “Render to Caesar the things that are Caesar’s, and to God the things that are God’s.” And they marveled at him.

Mark 12:13-17 (WEB)

       5 Therefore one must be in subjection, not only to avoid God’s wrath but also for the sake of conscience. 6 For because of this you also pay taxes, for the authorities are ministers of God, attending to this very thing. 7 Pay to all what is owed to them: taxes to whom taxes are owed, revenue to whom revenue is owed, respect to whom respect is owed, honor to whom honor is owed.

Romans 13:5-7 (WEB)

       It’s clear that God wants us to pay the taxes we owe. God wants us to be lights to those around us, and that requires honestly paying our taxes despite how they may be used for good or evil. We are to pay taxes to whomever taxes are owed.

       But I have a few ideas for how we can be content with the taxes we must pay without neglecting our duty to pay them.

Pay Only What You Must

       God’s ways and the laws of our nation only require us to pay the taxes we owe. We are perfectly entitled to reduce that tax liability using any legal means available. The key aspect is that it must be legal. We should not cheat or lie to reduce our tax burden. However, I strongly encourage you to seek every legal means available for reducing your taxes.

       If a tax benefit is available, it would be foolish to neglect it either because you “don’t have the time”, don’t know about it, or feel like it would be wrong to use it because you’ll be paying less taxes. If there’s a legal way to reduce your taxes, you should find out if and how you can use it. It’s that simple.

       By knowing that you’re paying the least amount of taxes required, you can be more content with the taxes you must pay. Know what tax deductions and credits are available for your federal, state, and local income taxes. Take advantage of any sales tax holidays. Look at ways you can reduce your taxes through your investments. Use every available tool to cut back on Uncle Sam’s take of your paycheck.

Use the Services Your Taxes Pay For

       Understand that your taxes pay for services that you already use or should be using. Your taxes pay for roads, schools, social services, libraries, police, military, and the list goes on. Utilize the things your taxes are paying for to make sure you get the most use out of your tax dollars. Again, don’t use dishonesty to game the system, but by all means take advantage of the available resources. After all, you are paying for them!

Let Your Voice Be Heard

       Not all your tax money is spent wisely or for things that benefit you or society. Government waste is a major issue as politicians find ways to use tax revenues to fund special interests and line their own pockets. Even without the corruption we’d still have poor decisions about how to spend tax money. So what can you do?

       Instead of sitting around complaining all the time, let your voice be heard. Vote for representatives whose policies reflect your values, desires, and choices. But don’t stop there! Let your representatives know where you stand on issues. Call them, write them, visit them, and gather support from others to let your politicians know what you want them to do. It’s their job to represent you, so hold them accountable! Use every available means to ensure that your tax dollars are not wasted, and you’ll be a little more content with paying your taxes.

Make It as Painless as Possible

       Finally, make paying your taxes as painless as possible. Getting stuck with a big tax bill in April can deepen the pain of paying taxes. Needless penalties and interest will do the same. Make sure you’re withholding enough from your paycheck and sending in your estimated tax payments on time. Be familiar with your tax liability and know how much you should pay and when so you can avoid any penalties and interest. By having your taxes withheld from your paycheck, you won’t feel the sting of writing a big check in April.

Learn More about How to Reduce Your Taxes

       Stay tuned to Provident Planning by signing up for free updates. You’ll learn more about (legal) ways to reduce your taxes and more good advice for your personal finances with a Biblical foundation.

How to Be Content with Your Car

Corey —  August 31, 2009

       Owning a car is vital in many parts of the U.S. In rural areas, public transportation is vastly non-existent. But needing a car to get around doesn’t mean you need a BMW, Mercedes-Benz, or Jaguar. A car is really only worth it’s transportation value. Once you can measure your car’s worth based on that factor alone, you can learn to be content with your car.

If You Own a Car, You’re Rich

       Nearly everyone old enough to drive in the U.S. owns a car, so it might not seem like you’re rich just because you have a vehicle in your driveway. But car ownership worldwide is not so prevalent. There were an estimated 806 million passenger vehicles worldwide in 2007, which means about 16% of people old enough to drive own a car.

       So if you own a car, even a really ugly one, you’re richer than 84% of the people in the world. Many people will never even dream of owning a car because it’s so far outside their realm of possibility.

Does Your Car Meet Your Needs?

       The key to being content with anything in your life is to ask yourself if it meets your needs. If your house meets your needs, then it’s big enough. If your food keeps you nourished and full, then you have enough food. If your car gets you where you need to go, then it’s good enough for you.

       Almost everyone in the U.S. has their needs met. Even the 37 million or so people the government classifies as poor are much better off than the rest of the world. Except for the very, very poorest of the poor Americans, they all have food, clothing, shelter, warmth, and medical care – not to mention the luxuries of a car, television, air conditioning, cell phones, computers, and other things that might not be completely necessary for life.

       If your car doesn’t meet your needs, then your dissatisfaction is not discontentment. But it’s hardly ever true for Americans that we have something that doesn’t really meet our needs. Our discontentment usually stems from a deeper problem.

Why Aren’t You Happy with Your Car?

       Is it because someone else has a nicer car than you? Or because there’s a better car available? Does that really matter? If your car meets your needs, then it doesn’t matter if someone else thinks it looks nice. And buying anything in an effort to impress other people is a losing proposition. Not only are you wasting your money in an attempt to buy flattery, but you’re also basing your self worth on the opinions of others.

       Materialism – finding our value in our Stuff – is the real reason most Americans aren’t happy with what they have. We feel like more Stuff or better Stuff will make us more fulfilled and happy. But your life does not consist in the abundance or quality of your possessions. Life is much more than Stuff, and you’ll never find true happiness in Things. How many people really believe they are happy because they have a fancy car? Seriously, if there’s anyone out there who believes that, please let me know. Then tell me what will happen if you lose that car or it gets totaled when you accidentally wreck it.

       Realize that a nicer car won’t make you any happier. A car that meets your needs is all you really need. Anything beyond that is just extra.

Base Your Happiness on the Only Thing That Really Matters

       There is only one foundation for true happiness that will last through life and death. Nothing you can do in this life can secure happiness for you or help you find contentment in anything. It’s only through the power of Christ that you can overcome the temptations and deceit of riches in this world. Christ has overcome the World and Satan, and through Him you can overcome them, too!

       For the person who is content in Christ, any car will do if it meets their needs. There’s never a concern about comparing your possessions to anyone else’s because you know they don’t really matter. Nothing in this life matters compared to knowing Jesus. Through Him, you can have the power to be content in any situation – whether hungry or full, homeless or sheltered, or driving an old beater or a brand-new sports car. The power of Christ – the knowledge that you have conquered life and death through Him – overwhelms the good or bad of any situation you’ll ever face in this life.

       It’s really only through Jesus that you can find true contentment in this life. Sure, you might be able to learn to find happiness beyond Stuff, but your happiness can only last until you die or until some situation comes along that pushes you beyond the limits of your strength. Somewhere along the line you’ll encounter trials that you cannot overcome. You’ll deal with situations that break your emotions and tear your happiness away. And it’s in those situations that a Christian can still find overwhelming joy and happiness because they’ve built their foundation on Jesus.

How to Be Content with Your Home

Corey —  August 24, 2009

       The median size of a new home in America has grown from 1,200 square feet in 1940 to over 2,200 square feet in 2008. Why is this? Is it because our families are growing? Nope. The average household size has shrunk from 3.7 to 2.6 in that same time period. Our families are getting smaller, but our houses are getting bigger. It’s no small matter either. Using a $90/square foot average cost, the difference is $90,000 – not including increased property taxes, utilities, maintenance, repairs, and insurance costs. How does a bigger house for a smaller family make any sense? What’s the reason behind this?

Discontentment

       The only reason we’d need bigger houses for smaller families is our lack of contentment. Obviously, smaller houses worked just fine for the bigger families of the 1940s. They provided the shelter needed for the family. The size of the home didn’t matter nearly as much as whether it met your family’s needs or not. Today, we have homes that far exceed our needs while we’re languishing in debt and foreclosure. We want more amenities, more space, more bathrooms, more bedrooms, an entertainment room, a study, a bonus room, bigger garages, a fireplace, and it never ends.

       If we knew the power of enough, America might not be in the mess it’s in today. Materialism and consumerism have blinded us to our astounding wealth. We have wasted this wealth on our wants and desires and fantasies instead of using it to help the billions of poor around the world. Learning contentment would help us and the rest of the world.

What Does a Home Represent?

       To understand your motives for desiring a bigger house even when you don’t need it, you should start by looking at what a home represents to you. Here are few things a home could mean to you:

  • Shelter – This is the most basic function of a home. It serves to shelter and protect you from the outside. It provides the necessities for a suitable home – a place to cook and eat, a place to sleep, a place to clean yourself, and a place to relax. It doesn’t take very much (at least in America) for a home to fulfill the purpose of a suitable shelter.
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  • Hospitality – A home gives you a place to entertain your family, friends, and strangers. Without adequate room this can be difficult. But a fold-up table and some chairs outside will often do just fine weather permitting. What you need your home to be for the purposes of hospitality will depend a great deal on what you plan to do, but you don’t need much to enjoy time with family and friends.
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  • Home – Home is where the heart is. For many people, a home is a place to make memories with their family. It’s a refuge from the troubles of the world. But does it take over 2,000 square feet for a home to serve this purpose? Not really – if your family is grounded in the Lord and love is there, you can have a strong, happy home with very little extra space.
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  • Creativity – A home can be a place to express yourself. You can decorate however you want, create a garden, or remodel it to suit your tastes. It can be an outlet for creativity when none other is available. But again, having more space than you really need doesn’t necessarily mean you’ll feel like you’re able to express your creativity much better.
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  • Storage – Most of the extra space in American homes today is filled to the brim with Stuff. You’ll see two or three car garages with all the vehicles sitting outside. What’s in the garage? Stuff, Stuff, and more Stuff. We’ve even created storage units so we can rent even more space to store all that Stuff we can’t find a place for in our overStuffed homes. Here’s a thought – get rid of your Stuff!!!
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  • Investment – Your home is your most valuable asset, right? Think again. Home values barely keep up with inflation over a long period of time, and that’s before you account for all the costs associated with ownership. A home is not an investment, and it can barely be called an asset. It’s a place to live – buying more home than you need is money down the drain. (The whole issue of a home being a good investment deserves it’s own series of posts…)
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  • Status – The most superficial of all possible meanings, status is one of the biggest factors involved when people seek a home that’s larger than what they really need. We use our homes to impress our families, our friends, our co-workers, our neighbors, strangers, and most of all – ourselves. Too often we derive our success in life from our possessions. Do we own a home? 20 points. Do we have a fancy car? 10 points. Can we retire early? 15 points. Do we have all the newest gadgets? 5 points. We need to stop valuing our success on our wealth and possessions. Life is so much more than our Stuff.

Does Your Home Meet Your Needs?

       Be brutally honest with yourself. Does your home meet your needs? Does it exceed your needs? The basic function of a home is to provide suitable shelter. If your home does that, it meets your needs. We need to learn to look at possessions for what they really are when we talk about what we need. They are tools to be used – not symbols to reflect our worth or success as a person.

       Our possessions do not define who we are. We can be happy without having more Stuff, bigger Stuff, or better Stuff. As Christians, our sufficiency, happiness, and joy come from contentment in Christ – knowing that all things count for nothing compared to knowing Him. We must realize that our eternal homes matter much more than our earthly homes. Jesus has prepared a place for us that is so much better than the biggest and fanciest home we could ever build on earth. Our hope and worth are found only in the salvation Christ has provided for us – not in our homes down here.

Question the Motives of Your Desires

       Why do you find yourself wanting a bigger home? Do you actually need more space? Carefully consider your answer. Is your reason for needing more space a true need, a must have, or is it something that would be nice to have? It’s not about what you can afford. It’s about what you need.

       Consider how blessed you are to even have a home. Over 3.5 million people in the U.S. are homeless in any given year, and over 1.1 billion people in the world don’t have suitable housing. The mere fact that you have a home means you are more blessed than many other people can even imagine.

       If you want a bigger house for any reason other than a real need, acknowledge your motives for what they are. The happiness you think you’ll get from owning a bigger home will never cover the true cost of your greed, envy, or pride. If your home meets your needs, be happy, content, and thankful that you are blessed with a home. If you honestly need a larger home, then by all means buy one. If you’re just seeking to fulfill your desires and fantasies, take time to consider your motives.

The Power of Enough Home

       If you can learn to be content with your home – or even better, a smaller home – you’ll be able to harness the power of having “enough” home. You’ll spend less on your housing costs (the biggest financial drain for most people) – leaving you with much more to fulfill God’s Provident Plan for your finances. Saving 10% on your housing costs is a lot more powerful than saving 10% on your food costs. Sign up to get free updates to Provident Planning if you’re interested in learning about specific ways you can lower your housing costs!

       We’re bombarded with sales pitches and advertisements all day long. But there’s one very easy way to conquer any sales pitch with little effort or time. Corporate America has no power over someone who has “enough”. The power of that little word will help you overcome any attempt to part you from your money.

“That’s OK. I have enough already.”

       Whether it’s clothes, food, gadgets, tools, or any other stuff someone might try to sell you, telling them you have enough already will stop them cold. You can’t sell to someone who is content and has “enough”. Telemarketers don’t have a scripted response for “I have enough already.” Salesmen haven’t perfected their pitch so much that they can sell to someone who’s happy with what they already have.

       It may be important to add the fact that you’re already satisfied with what you have. Maybe a better response would be “Thanks. But I have enough _______ , and more _______ won’t make me any happier.” There will be some salespeople who will attempt to continue their sales pitch, but if you repeat that response a few times they’ll give up quickly.

       You can use that statement in a variety of ways. Here are a few that come to my mind:

  1. I have a big enough house, and a bigger house won’t make me any happier.
  2. I have a good enough car, and a newer car won’t make me any happier.
  3. I have clothes that are warm enough and good enough, and more clothes or fancier clothes won’t make me any happier.

       When we find satisfaction in what we have already, we break the power of consumerism in our lives. When we realize that what we have is enough, and more can’t make us any happier, we’ll learn to look to the true source of happiness. We’ll find that once we have Jesus we no longer need more of what the world has to offer. We’ll find our full joy, contentment, and purpose in following Him.

       The power of enough has exciting implications for our personal finances. By learning to be content and knowing what our “enough” is, we can have much better control over our spending and habits. We’ll be able to handle our money much better and use it more wisely. Contentment is so powerful that I’m going to spend some time looking at how we can be more content in many areas of our lives – our homes, cars, clothes, food, and even our taxes and savings among other things. So be sure to sign up for free updates to Provident Planning if you’re interested in gaining more control over your finances and finding contentment in your life!