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 NKJV
For the love of money is a root of all kinds of evil, for which some have strayed from the faith in their greediness, and pierced themselves through with many sorrows.
See also Jos 7:11; Jos 7:20–21; 1 Ti 3:3

They may lead to divided loyalty

Matthew 6:24 NKJV
“No one can serve two masters; for either he will hate the one and love the other, or else he will be loyal to the one and despise the other. You cannot serve God and mammon.
See also Mt 4:9–10; Jas 4:4

They may hinder people’s response to the gospel

Mt 13:22; Mt 19:21–22

They may create false security

1 Timothy 6:17 NKJV
Command those who are rich in this present age not to be haughty, nor to trust in uncertain riches but in the living God, who gives us richly all things to enjoy.
See also Job 31:24–28; Ps 52:6–7; Pr 11:28; Je 49:4

They may make people proud

Ezekiel 28:5 NKJV
By your great wisdom in trade you have increased your riches, And your heart is lifted up because of your riches),”
See also Ps 62:10; Pr 18:23; Pr 28:11; Ho 12:8

They may cause unbelief and anxiety

Ecclesiastes 5:12 NKJV
The sleep of a laboring man is sweet, Whether he eats little or much; But the abundance of the rich will not permit him to sleep.
See also Job 20:17–20; Pr 15:6

They may lead people to forget God

Proverbs 30:8–9 NKJV
Remove falsehood and lies far from me; Give me neither poverty nor riches— Feed me with the food allotted to 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.
See also Dt 8:10–14; Dt 32:15; Ne 9:25–26; Ho 13:6

Riches are physically dangerous

Working for them may cause excessive tiredness

Proverbs 23:4 NKJV
Do not overwork to be rich; Because of your own understanding, cease!
See also Jn 6:26–27

Enjoying them may lead to self-indulgence

James 5:5 NKJV
You have lived on the earth in pleasure and luxury; you have fattened your hearts as in a day of slaughter.
See also Hag 1:3–5; Mt 23:25; Lk 16:19–21; 1 Ti 6:8–9

Misusing them may foster oppression and injustice

Leviticus 19:13 NKJV
‘You shall not cheat your neighbor, nor rob him. The wages of him who is hired shall not remain with you all night until morning.
See also Dt 24:12–15; Pr 22:16; Is 1:23; Je 22:13; Mic 6:12; Mal 3:5; Jas 2:6; Jas 5:4
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