Key Verse Spotlight

Proverbs 21:20 - Meaning and Application

Understand how this verse speaks to what you're facing and how to apply it today

Translation: King James Version

" There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up. "

Proverbs 21:20

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18 The wicked shall be a ransom for the righteous, and the transgressor for the upright.

19 It is better to dwell in the wilderness, than with a contentious and an angry woman.

20 There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.

21 He that followeth after righteousness and mercy findeth life, righteousness, and honour.

22 A wise man scaleth the city of the mighty, and casteth down the strength of the confidence

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Those who are wise will make what they have go further and live well. Wisdom teaches them to keep their spending in line with their income and to save for later. So their homes have a store of desirable things, enough for real needs, set aside in due time, especially oil, one of the main products of Canaan (Deuteronomy 8:8). That is the state of the wise person’s home, even if it is only a simple cottage. It is better to have an old house that is well supplied than a fine new one with poor management. God blesses the efforts of the wise, and then their houses are filled.

But foolish people waste what they have on their selfish desires, and so they bring their resources to nothing. People handle things badly when they are quick to spend what they have, but do not care how they will get more. Foolish children often spend what wise parents had saved. One sinner destroys much good, as the prodigal son did.

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