No, not at all. It’s relative though to what you need to sustain yourself and your outgoings. The problem with money is when you see it as godlike or revere it disproportionately to the value it delivers. Money can only ever buy you experience. If you go out and buy an ice-cream for example, you’ll enjoy the experience of eating the ice-cream.
Then that experience will end. If you live in a house, you’ll enjoy the experience of living in a house. But you can only ever be in one room at once and seldom think about the entire house in one go! People also want to show off and seek admirers, which is another trap. The problem is when you own and owe too much on the experiences you want to create in your life. This creates negative balance and pulls you into negative obligation, because there is often a big price to pay for what you desire.
Many are financially trapped by the “experiences” they have wanted to create and collect. Money should buy the experience of freedom, nothing else. Money shouldn’t be used to maintain a BS charade or utilised to garner acceptance and approval from people. This is why in the book (Small Wants Little Needs) I spend time on creating a higher state of consciousness and controlling the ego.