Sunday, March 15, 2015

Our Daily Bread -- A Good Name

Our Daily Bread -- A Good Name

March 16, 2015

Read: Proverbs 10:2-15
Bible in a Year: Deuteronomy 28-29; Mark 14:54-72

A good name is to be chosen rather than great riches. —Proverbs 22:1

Charles Ponzi’s name will be forever associated with the financial fraud scheme he elevated to a way of life. After some minor financial crimes and brief times in jail, in early 1920 he began offering investors a 50 percent return on their money in 45 days and a 100 percent return in 90 days. Although it seemed too good to be true, the money poured in. Ponzi used money from new investors to pay prior investors and fund his lavish lifestyle. By the time his fraud was discovered in August 1920, investors had lost 20 million dollars and five banks had failed. Ponzi spent 3 years in prison, was later deported to Italy, and died penniless in 1949 at the age of 66.

The Old Testament book of Proverbs frequently contrasts the reputations of wise and foolish people: “The memory of the righteous is blessed, but the name of the wicked will rot. . . . He who walks with integrity walks securely, but he who perverts his ways will become known” (Prov. 10:7,9). Solomon sums it up by saying, “A good name is to be chosen rather than great riches, loving favor rather than silver and gold” (22:1).

We seek a good name, not to honor ourselves but to glorify Christ our Lord whose name is above all names. —David McCasland

Lord, You know what is best, and You desire to lead us in paths that are right and good. Give us the courage to trust and to follow You in the way of right living for Your name’s sake.
A good name honors our great God.

INSIGHT: The book of Proverbs provides good advice on how to live wisely. When reading the proverbs, it is important to understand that they are sayings about life that areĀ usuallytrue. Proverbs are not promises, but they contain observations about the principle of cause and effect at work in our lives.

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Copyright © 2015, Our Daily Bread Ministries, Grand Rapids, MI 49555 USA. Written permission must be obtained from Our Daily Bread Ministries for any further posting or distribution.

Scripture taken from the New King James Version. Copyright © 1982 by Thomas Nelson, Inc. Used by permission. All rights reserved.

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