Daily Bible Reading “Wealth is Fleeting” (Psalm 49:1-10)

 Psalm 49 - money wealthWealth is Fleeting

Today’s Daily Bible Reading is from Psalm 49:1-10. Psalm 49 is a Psalm to the Chief Musician for the sons of Korah. The psalmist calls out, “Hear this” to all the people of the world. He speaks in wisdom and understanding. He shares a great truth on the harp. He has learned a lesson about life and shares it in the form of a song.

He warns us that we can’t trust in our wealth and riches of this world. He reminds us we can’t redeem ourselves or our brothers with our money and the redemption of the soul is precious. It would be nice if we could live forever and not see corruption, but at some point both the rich and poor will die and leave their belongings to others.

In other words, he is telling us not to put our faith and trust in our wealth, because we can’t take it with us when we die. The only thing that is eternal is our relationship with Christ. He is the only one who can redeem our soul. We can’t redeem our soul or our brother’s soul with our wealth.

When we put our faith and trust in wealth and our positions in this world we are apt to be disappointed. In the end, both our wealth and position may fail us and we will die and leave it all behind, for what? Colossians 3:2 tells us, “Set your affection on things above, not on things on the earth.”


Daily Bible Reading:

Psalm 49:1-10

1 [[To the Chief Musician, A Psalm for the sons of Korah.]] Hear this, all ye people; give ear, all ye inhabitants of the world:
2 Both low and high, rich and poor, together.
3 My mouth shall speak of wisdom; and the meditation of my heart shall be of understanding.
4 I will incline mine ear to a parable: I will open my dark saying upon the harp.
5 Wherefore should I fear in the days of evil, when the iniquity of my heels shall compass me about?
6 They that trust in their wealth, and boast themselves in the multitude of their riches;
7 None of them can by any means redeem his brother, nor give to God a ransom for him:
8 (For the redemption of their soul is precious, and it ceaseth for ever:)
9 That he should still live for ever, and not see corruption.
10 For he seeth that wise men die, likewise the fool and the brutish person perish, and leave their wealth to others.


Things to think about:

  • What do we learn about wealth in this Scripture?
  • What will happen to our earthly treasures when we die?
  • Can we purchase ransom for our souls or for the souls of our loved ones?
  • Who is the only one who can be the ransom for our souls?


Prayer of the Day:

Dear Heavenly Father,

We thank You for this Scripture in Psalm 49. The Psalmist reminds us our wealth is only for this earth. It isn’t eternal and we can’t take it with us. Neither can we redeem our souls with our riches. Thank You for Your Son, Jesus who paid the ransom for our souls. Help us to accept Your gift of salvation. Help us to get the right perspective on life and build our lives more on things that are eternal. In Jesus’ name, we pray. Amen.

Excerpt from The Book of Psalms: Part 2 Chapters 31-60

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Featured Book:

psalms Part 2-25The Book of Psalms:
Part 2 Chapters 31-60
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About the book:

The Book of Psalms: Part 2 Chapters 31-60 by Deborah H. Bateman is 27th book in the Daily Bible Reading Series. The book of Psalms contains 150 chapters. Deborah divided The Book of Psalms into five books to make it easier to read and study. Each book will contain approximately thirty chapters from the book of Psalms.

Psalm 119 will not be included in The Book of Psalms since Deborah has already published a book about it called: Psalm 119: Thy Word is a Lamp unto My Feet. The book of Psalms is one of Deborah’s favorite books of the Bible. It is a great book to read if you’re ever feeling down or need to renew your relationship with Christ. King David went through a lot of tough times in his lifetime, but he loved God and trusted God to protect him from his enemies.

The book of Psalms was written by various people. About half of it was attributed to King David, whether they were written by David or for David is questioned by some biblical scholars. Some of the Psalms were written by Asaph and some say they were written for the sons of Korah and even Moses and Solomon were writers of the Psalms. The Psalms consists of poetry that was primarily meant to be used as songs of praise to the Lord.

The Book of Psalms: Part 2 Chapters 31-60 contains thirty-five Daily Bible Reading Lessons. Each lesson contains a brief commentary by the author, the Daily Bible Reading Scriptures, a few questions for contemplation or discussion, and a prayer of the day. It is a great Bible study for individuals or group studies.

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