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.
When men follow after vanity, they themselves become vain. An individual must make a conscious decision to turn from walking after the Lord to pursue vanity (Jeremiah 2:5). Those who follow after vanity are void of understanding (Proverbs 12:11) and end up in poverty (Proverbs 28:19), sometimes both spiritually and physically. David expressed his concern in this area when he said, “I have not sat with vain persons” (Psalm 26:4). He knew the danger of following vanity and declared that he refused even to sit with vain persons. In Psalm 119:37, the penman pleaded with the Lord for help in turning away his eyes from beholding vanity. God desires and wills for the saints of God to cease from following after vanity.
