Nye lives and works in New York City, the financial capital of the world. Nye comments that “the money that you make determines so many things: where you live; what you do; even who you hang out with in some cases.” In this money driven environment Nye discovers the joy in systematically giving his money away.
Living in New York City is a really tough place. It’s expensive. It’s crowded. I think money plays a role in everyone’s life, but in New York City, it’s such a huge focus here. It’s the financial capital of the world. You know, the money that you make determines so many things, you know, determines where you live, what you do, even who you hang out with in some cases. And I find it ironic that this is the place where I discovered to systematically give my money away.
For me, that journey really began about three years into my stay in New York. It was 2011. I was attending a small group Bible study with some friends. And it wasn’t just like a Bible study, it was a coming together. Sometimes we would read different books, but a lot of times it was just fellowshipping and building community. So, talking with each other, finding out about how our weeks’ went.
I remember vividly one of my friends kind of venting about how she had a bunch of friends who were able to go on expensive trips and buy that expensive purse or those shoes. And she was saying, “I could do the same thing, but I’m giving ten percent of my income to church.” It was just interesting because she wasn’t upset about it. She didn’t have any remorse. She didn’t regret doing it, and for me it’s just the things that she said. She wasn’t trying to convince anyone else why they should do it. She was just talking about her personal reasons.
And for me that was just really convicting. And I just decided, I think it’s something I want to do. I want to start giving back my portion of my income to God. So, I started taking ten percent of my paycheck and giving it to church. And I think one of the benefits that comes from this is that I’m able to manage my finances so much better knowing that I get a certain amount of income, and then I’m immediately understanding and acknowledging what I make and taking ten percent of that and giving that away.
And then with that other 90 percent, I am then allocating that to my expenses and to the fun stuff I want to do and to the stuff I want to save for. And it’s like I have been in a much better financial position since I started giving away ten percent of my income.
I think the other thing is, at the end of the year, I just feel good about it. I look back and think, “Yeah, maybe I wasted money on some new shoes, new computer, whatever it may be.” But, it’s like I look back and realize ten percent of my income for the whole year went to other people, it went to a cause greater than myself. And it puts a smile on my face thinking about that.