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Sunday, May 04, 2003

Edifier du Jour-Proverbs 29:20-22(NASB)
20 A faithful man will abound with blessings, But he who makes haste to be rich will not go unpunished. 21 To show partiality is not good, Because for a piece of bread a man will transgress. 22 A man with an evil eye hastens after wealth And does not know that want will come upon him.
The biblical finance study we're doing at church focused on verses 20 and 22 as anti-gambling passages, yet these look more like general advice against all get-rich-quick schemes rather than just gambling. Rather than use this to bash Bill Bennett (I'll get back to him in the next day or two), this passage is more useful as a warning to invest slowly and surely. Usually, most get-rich-quick schemes are pyramid or Ponzi schemes where the suckers who get in late get the shaft, or multi-level-marketing plans, where the early founders get all the money and the grunts brought on later get very small commissions. It's not fun to get rich slowly, but it's the more time-tested way. The Bible is full of agricultural metaphors and planting a crop is one that is often used. It takes months or years of growth, and often a lot of work watering and fending off weeds and vermin, to produce a crop. We don't have metaphors for InstaWealth. Slow and steady wins this race.

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