Read: Proverbs 10:2-15
A good name is more desirable than great riches. Proverbs 22:1
Charles Ponzi’s name will be forever associated with the financial fraud schemed 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 seemd 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 reputation of wise and foolish people: “The name of the righteous is used in blessings, but the name of the wicked will rot… Whoever walks in integrity walks securely, but whoever takes crooked paths will be found out” (Prov. 10:7,9). Solomon sums it up by saying, “A good name is more desirable than great riches; to be esteemed is better than silver or 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.
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