What the HENRY Struggle Reveals about True Wealth
A recent Wall Street Journal article highlighted a group of people called “The HENRYs,” an acronym for “high earner, not rich yet.” The piece showcased earners with incomes well into the hundreds of thousands who still feel they are living paycheck to paycheck. According to author Callum Borchers, “The essence of being a HENRY is feeling a gap between what you have and what you think you need to be comfortable.”
Of course, it’s true that prices on many things, from housing to eggs to childcare, have never been higher. But some of the HENRY’s featured in the article have more than the economy to blame. For example, one mentioned her hefty student loan debt and Audi car payments as weighing down her list of expenses. Others seemed to find social status in living in very expensive cities while still trying to keep up with the Joneses. As Borchers noted, “What these high earners consider essentials might be termed luxuries (or nonsense) by the rest of us.”
What people believe to be truly essential, perhaps, more than anything else, reflects their deepest loves and allegiances. “Where your treasure is,” Jesus said, “there your heart will be.” Today, with food supply relatively secure and basic necessities widely accessible, we are told to pursue happiness, which will come in the accumulation of things. But that is not the way happiness works. Studies show that once our most basic needs are met, there is no significant difference in levels of reported happiness in correlation with level of income. In other words, money can buy security, but it cannot buy happiness.
When Jesus told how difficult it is for the wealthy to come to Christ, He was probably referencing a level of security most of us have achieved. It’s less about the amount earned and more about what we look to in order to secure our worship and devotion and to fill the “God-shaped hole” each of us has. One must choose to serve either God or mammon, a term that refers to more than just money. But those who tie their contentment to the number of commas in their bank account will never truly find it.
The discontentment of the HENRYs is deeply connected to the larger, culture-wide crisis of what life is about and who we are. Simply put, we look for meaning and identity in all the wrong places. Comfort is not a big enough cause for which to live. Neither is luxury, especially the kind achieved through debt. (U.S. household debt is now over $18 trillion.)
In Romans, Paul lists generosity as a gift of grace, alongside service, teaching, acts of mercy, and other ways of living for others. As David Bahnsen described in his book Full Time, a Christian vision understands our work as a calling, the way we steward what belongs to God and fulfill our creational calling. It is not merely a means to store up what is, in the end, perishable. Bahnsen’s book summarizes the inherent connection between work and the meaning of life, and what that means for how we should think about wealth.
This is why Christians have hope in all economic times. This hope is an incredible witness to the One who made us, especially in times when we just lose sight of what life is about. We’ve been bought with a price even greater than what eggs cost these days.
Request a copy of Full Time: Work and the Meaning of Life with a gift of any amount to the Colson Center this month at colsoncenter.org/February.
Photo Courtesy: ©iStock/Getty Images Plus/William_Potter
Published Date: March 5, 2025
John Stonestreet is President of the Colson Center for Christian Worldview, and radio host of BreakPoint, a daily national radio program providing thought-provoking commentaries on current events and life issues from a biblical worldview. John holds degrees from Trinity Evangelical Divinity School (IL) and Bryan College (TN), and is the co-author of Making Sense of Your World: A Biblical Worldview.
The views expressed in this commentary do not necessarily reflect those of CrosswalkHeadlines.
BreakPoint is a program of the Colson Center for Christian Worldview. BreakPoint commentaries offer incisive content people can't find anywhere else; content that cuts through the fog of relativism and the news cycle with truth and compassion. Founded by Chuck Colson (1931 – 2012) in 1991 as a daily radio broadcast, BreakPoint provides a Christian perspective on today's news and trends. Today, you can get it in written and a variety of audio formats: on the web, the radio, or your favorite podcast app on the go.
