Wednesday, 31 December 2025

How much better to get wisdom than gold, to get insight rather than silver! – Proverbs 16:16

Today’s Scripture Reading (December 31, 2025): Proverbs 16

Wisdom is better than gold. Do you believe that? I am confident that, if given that choice, we would choose the gold. Or maybe I can rephrase the Proverb. Gaining wisdom is preferable to winning a lottery, even one with a billion-dollar prize. Does that come a little closer to impacting the place where you live? I won’t ask how many lottery tickets you have purchased for the next lottery or for a recent draw that you have not yet checked. But you have dreams. If I could just win the lottery, then everything would be okay. You have plans. Perhaps it is the house you want to buy, or that new Corvette (the latest Corvette is my lottery dream). Or maybe it is just to retire early and travel the world, spending the cold winter months somewhere warm. I have a friend who retired during the winter months, and the first thing he did was to leave for a month in Puerto Vallarta. When it is minus thirty or worse at home, Mexico sounds like a good idea.

So, is wisdom better than winning the lottery? Really? Here is where the rubber hits the road. Do you spend more of your time trying to become a person of wisdom than you do making money or even buying and checking lottery tickets? And I am guessing if you are honest with yourself, the answer is no.

Many years ago, I was challenged to memorize at least one verse of Scripture for every year I have lived. It isn’t a big ask. One verse for every year that you lived. As Christians, we say that we base life decisions and the choices we make on Scripture, yet I wonder whether we have memorized one verse for every decade we have lived, let alone one verse for every year. How is that possible? How can we make wise decisions if we don’t know the book upon which our wisdom is based?

I am convinced that wisdom is the basis for life. And it is the basis for our relationship with money. That is part of the reason why I believe that the tithe seems to be important to God. The tithe stresses that money is a tool. We give to the church because trusting God and doing what he says is the beginning of wisdom. And we can’t handle money unless we have wisdom.

In 2005, a Television network (Showtime) conducted a social experiment. The idea was “what would happen if a homeless person were given a million dollars?” What would the person do with that kind of money? Would the money have a long-term effect on the person's life? Cue someone singing the Barenaked Ladies hit, ‘If I had a million dollars.”

They pitched the idea and received some resistance. A million dollars is substantial. In the negotiation, the idea for the documentary was approved, but the amount they were going to give the homeless person was reduced to $100,000.

A briefcase with $100,000 was given to Ted Rodrigue. It took a little convincing. Ted was afraid that the whole thing was a setup. That somehow it might be illegal; that his new friends were trying to trap him. Eventually, he accepted the money on the condition that a camera crew follow him and document what happened to the money.

At the time that Rodrigue received the 100k, he was 45 years old and had been homeless for two decades, surviving on around $20 a day by collecting cans and bottles. Ted was given a financial advisor but was told that he was totally in control of what he did with the money.

After starting slowly, treating himself to a new bike and a room at a motel, Ted's spending quickly spiraled out of control as he began spending lavishly and ignoring his financial advisor's advice. After helping some of his homeless friends, Ted became increasingly popular with women (including one whom he would briefly marry), but soon grew resentful of the unwanted attention.

Next, he found himself reconnecting with his estranged family, who appeared genuinely willing to help him. His sisters even made phone calls on his behalf to help him find work in something he liked, such as construction.

Ted, however, didn't appreciate their efforts; he didn’t like their attempts to meddle in his life, as he saw it. He dismissed their concern and even refused to continue meeting with his financial advisor, believing that he merely wanted his money like most others.

Ted eventually revealed that he had no intention of finding work, believing that the $100,000 would last him for the rest of his life, and began spending even more lavishly, including $34,000 on a new truck and leasing a luxury apartment.

In no time at all, the money was gone, and Ted was right back where he started. He had blown through the entire amount in just over 6 months and was once again homeless. Rodrigue commented, “You never think ... 'the money's going to run out sooner or later.'"

It isn’t just Ted that struggled with money. Studies have shown that Lottery winners often go broke within 3-5 years. Several years ago, I was counselling a couple, and we got on the subject of money and big-ticket items. Somehow, we got on the topic of retirement and retirement plans. Then the male in the conversation admitted that he had been raised in a household that spent every penny that came in. But Mom and Dad had a retirement plan. They had good jobs and paid $100 per week on Lottery Tickets. They planned to retire as soon as they won the big jackpot. I hope that it happens, but chances are it won’t. And Mom and Dad might not have the wisdom to handle the money if their ship does eventually come in.

Tomorrow’s Scripture Reading: Proverbs 17

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