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Some of the most popular televangelists garner their popularity by falsely teaching that God wants everyone wealthy. God simply does not want everyone to have riches. Yet, if wealth is gained through scriptural means, it can be used to do much good (by supporting missionaries, helping those in need, furthering the gospel, etc.). The Bible clearly teaches that it is wrong for anyone to seek to become wealthy. Yet, one should equally not set out to be poor. As such, every believer should know how to avoid self-induced poverty. According to scripture, there are certain actions or inactions that ultimately lead to poverty: laziness (Proverbs 6:10-11; Proverbs 24:33-34), greediness (Proverbs 11:24), pleasure loving (Proverbs 21:17; Proverbs 23:21), and following vain persons (Proverbs 28:19). These truths hold constant on both an individual level as well as collectively.
Gaining wealth (or riches) has allowed some people to increase their levels of comfort far beyond those who are financially disadvantaged. In one parable, the Lord spoke of a rich man whose ground brought forth plentifully (Luke 12:16). The rich man unfortunately came to trust in his abundance and decided to take his ease (Luke 12:19), but that night he died (Luke 12:20). Riches are not for ever (Proverbs 27:24) even if it is not death that robs a man of his riches. The Bible says for the living, riches “certainly make themselves wings; they fly away as an eagle toward heaven” (Proverbs 23:5). Furthermore, we are told that those who trust in riches will fall (Proverbs 11:28). Perhaps this is why Paul told Timothy to instruct the rich to trust in the living God rather than their uncertain riches (1 Timothy 6:17).
Most people in the world would not consider themselves rich. For this reason, they might think it impossible to trust in riches. They might point to their meager bank accounts as evidence. Yet, a person does not have to be rich in order to trust in riches. No matter the amount of riches or treasures that one might have, there is a very real danger in trusting in those things. Riches, however, are of little value. According to Psalm 49:6-8, riches are of no assistance in man’s greatest need, the redemption of his soul. Not only can riches not help, but they are uncertain (1 Timothy 6:17). Those who trust in them will be disappointed and will ultimately fall (Proverbs 11:28). Even if riches increase, man should not set his heart upon them (Psalm 62:10).