Your Wealth Cannot Save Your Soul
This psalm is about the utter futility of those that trust in their wealth, and the vindication of the righteous. The psalmist calls on all people to listen to his words of wisdom (49:1-3).
He asks the question “Why should I fear,” when evil doers are all around (49:5). His rhetorical question is answered as he gives a true picture of the wealthy and powerful. Wealth makes people feel secure in this life, but an abundance of riches cannot save someone from the horrors of Hell (49:6-9). No one can purchase God’s grace or salvation, or anyone else’s for that matter (49:7-8). It is a price that is too high, one that they can never meet (49:7). Salvation is by God’s unmerited and unearned favour (grace) alone, through faith alone, in Jesus Christ alone. Jesus Christ sacrificial death was the price for our redemption (1 Peter 1:18-19).
The wealthy of this world strive to live forever (49:9). They believe that they have accomplished will last forever (49:11). They have buildings, streets, and lands named after themselves in an effort to have an enduring legacy (49:11). Yet, for all their pomp, their wealth will be left to others and what they have done will not endure (49:12). The wealthy, powerful, and influential of this world are like dumb sheep ready for the slaughter. They have a shepherd, and his name is Death (49:14). Apart from repentance and faith in Christ, their future is set (49:14).
Brethren, don’t be fearful and envious of the rich man (49:16). Whatever he has in this life, he cannot take it with him in death (49:17-20). Remember that you have been saved by the grace of God and will be received into His glorious presence forever (Ps 49:15; Heb 9:28).