Text: Proverbs 28:22 (ESV)

22 A stingy man hastens after wealth

and does not know that poverty will come upon him.

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BEWARE OF ‘GET-RICH-QUICK’ SCHEMES

Today, we are overwhelmed with ‘get-rich-quick schemes’ offers in the social media. These dishonest business practices often result in disaster. The Ponzi scheme is an example. It is a fraudulent investment operation that pays returns to its investors from new capital paid by new investors, rather than from profit earned through legitimate business activities. The person who "chases" after wealth or cheats others get rich can expect disastrous consequences. (Prov 23:4; 28:20; 13:11; 20:17; 11:4; 22:16). Frauds, con artists, gamblers, and unwise investors have learned this lesson the hard way. Even if wealth is gained legitimately, but not used in a godly way, it's likely to vanish away as well (Prov 11:24).

Paul told Timothy that false teachers have unhealthy desires for money that inspire many other sins. The love of money is the root of all evil. (1 Tim 6:10). He noted that "those who desire to be rich fall into temptation, into a snare, into many senseless and harmful desires that plunge people into ruin and destruction" (1 Tim 6:9). Other proverbs caution that accumulation of material wealth is worthless pursuit. On the contrary, we should strive for moral integrity (Prov 8:11; 10:2; 15:27; 16:8, 16; 19:1).

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