What Does The Bible Say About The Dangers Of Wealth And Greed?
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What Does The Bible Say About The Dangers Of Wealth And Greed?

The Bible is a source of insight and wisdom for people of all ages, faiths, and backgrounds. It contains timeless lessons that can be used to examine our lives today. One such lesson is the warning against the dangers of wealth and greed.

These topics are addressed throughout scripture, from the Old to the New Testament. They caution us on the consequences of prioritizing money or possessions above all else and provide valuable guidance on managing our finances responsibly with investment.

What does the bible say about the dangers of wealth and greed?

The Dangers Of Wealth And Greed

Wealth and greed can be a dangerous combination. According to the Bible, wealth and greed can lead to temptations, including pride, envy, dishonesty, and corruption. These temptations have the potential to undermine our values and destroy personal relationships.

The Bible warns us, “Love of money is a root of all kinds of evil.”

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.

1 Timothy 6:10

When we focus on accumulating wealth at any cost without considering the consequences it has on others, it can lead us down a path where our happiness is sacrificed in pursuit of more possessions or power. 

Greed also makes us believe that what we have isn’t enough – even when we already have everything we need.

Definition of Wealth/Greed

Wealth and Greed are often mentioned in the Bible and can be defined as an excessive and insatiable desire for money, possessions, or power.

It is a form of selfishness that disregards the needs of others and leads to immoral behavior such as hoarding resources, profiting off the suffering of others, or exploiting those who are vulnerable.

In addition to these negative consequences, wealth greed also creates a false sense of security and contentment; it often clouds our judgment when making decisions involving morality and truth.

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The Bible warns us against this behavior by emphasizing humility and generosity rather than the accumulation of material possessions. For example

For what profit is it to a man if he gains the whole world, and loses his own soul? Or what will a man give in exchange for his soul?

Matthew 16:26

Old Testament Teaching: Warnings

The Old Testament has a wealth of teachings that discuss the dangers of becoming consumed by greed and wealth. One particular warning from Proverbs 11:4 says…

Riches do not profit in the day of wrath,
But righteousness delivers from death.

Proverbs 11:4

This verse emphasizes how important it is for Christians to maintain their spiritual health instead of focusing solely on accumulating material possessions.

In addition to this powerful warning, other sections in the bible also illustrate how dangerous it can be for individuals to put too much emphasis on money and power. Ecclesiastes 5:10 states…

He who loves silver will not be satisfied with silver;
Nor he who loves abundance, with increase.
This also is vanity.

Ecclesiastes 5:10

New Testament Teaching: Warnings

The New Testament offers many teachings and warnings on the dangers of greed and wealth. From Jesusparable of the Rich Fool to Paul’s warning about idolatry, it is clear that Christians should exercise caution when it comes to accumulating material possessions.

Living a life of faith driven by the pursuit of earthly riches can lead to disastrous consequences for individuals, a family, and even entire communities.

One of the clearest messages in Scripture on this topic is found in Matthew 19 which says…

23 Then Jesus said to His disciples, “Assuredly, I say to you that it is hard for a rich man to enter the kingdom of heaven. 24 And again I say to you, it is easier for a camel to go through the eye of a needle than for a rich man to enter the kingdom of God.”

Matthew 19:23-24

This verse is an important reminder that our focus should remain on God rather than earthly gain.

Benefits of Generosity

Generosity is a powerful virtue that has the potential to change lives. Many people are familiar with the Bible’s teachings on wealth and greed, but there is much to be said about the benefits of generosity. Acts of kindness and charity can lead to a life filled with joy and purpose as we seek ways to help others in need.

The Bible speaks clearly about how important it is to be generous with our time, money, and resources. For example, 2 Corinthians 9:6-7 states…

But this I say: He who sows sparingly will also reap sparingly, and he who sows bountifully will also reap bountifully. 7 So let each one give as he purposes in his heart, not grudgingly or of necessity; for God loves a cheerful giver.

2 Corinthians 9:6-7

In other words, giving from an open heart often results in blessings being returned to us.


In conclusion, the Bible communicates the dangers of wealth and greed. It warns us not to be greedy and teaches us that money can’t buy our way into heaven.

We should strive for contentment and use our wealth responsibly, following God’s will instead of being unethical. Money can be an incredibly powerful tool, and it is important to remember the warnings in scripture when we are tempted to pursue wealth above all else.

Pastor duke taber
Pastor Duke Taber

Pastor Duke Taber

All articles have been written or reviewed by Pastor Duke Taber.
Pastor Duke Taber is an alumnus of Life Pacific University and Multnomah Biblical Seminary.
He has been in pastoral ministry since 1988.
Today he is the owner and managing editor of 3 successful Christian websites that support missionaries around the world.
He is currently starting a brand new church in Mesquite NV called Mesquite Worship Center, a Non-Denominational Spirit Filled Christian church in Mesquite Nevada.