Dangers of riches

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Material wealth can be a source of both physical and spiritual danger, against which believers are clearly warned to be on their guard.

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Riches are spiritually dangerous

Love of riches a root of many evils

1 Timothy 6:10 ESV
For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.
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They may lead to divided loyalty

Matthew 6:24 ESV
“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.
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They may hinder people’s response to the gospel

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They may create false security

1 Timothy 6:17 ESV
As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy.
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They may make people proud

Ezekiel 28:5 ESV
by your great wisdom in your trade you have increased your wealth, and your heart has become proud in your wealth—
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They may cause unbelief and anxiety

Ecclesiastes 5:12 ESV
Sweet is the sleep of a laborer, whether he eats little or much, but the full stomach of the rich will not let him sleep.
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They may lead people to forget God

Proverbs 30:8–9 ESV
Remove far from me falsehood and lying; give me neither poverty nor riches; feed me with the food that is needful for me, lest I be full and deny you and say, “Who is the Lord?” or lest I be poor and steal and profane the name of my God.
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Riches are physically dangerous

Working for them may cause excessive tiredness

Proverbs 23:4 ESV
Do not toil to acquire wealth; be discerning enough to desist.
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Enjoying them may lead to self-indulgence

James 5:5 ESV
You have lived on the earth in luxury and in self-indulgence. You have fattened your hearts in a day of slaughter.
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Misusing them may foster oppression and injustice

Leviticus 19:13 ESV
“You shall not oppress your neighbor or rob him. The wages of a hired worker shall not remain with you all night until the morning.
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