From the common perspective, rich refers to people who possess a great deal of wealth and property. But, in the sight of God, rich means the possession of something more valuable than gold, silver, and precious stones. Colossians 3:16 says, "Let the Word of Christ dwell in you richly in all wisdom".
Throughout the Old and New Testaments, there are comparisons of physical wealth as gold and silver to wisdom. This wisdom, however, is not the equivalent of being smart or knowledgeable. Wisdom is based on truth, and God is truth even as His Word is truth given to man.
You see, God is not against wealth of any good thing. There are rich people and even rich Christian people. That is not a concern for anyone except that they honor God in what they possess.
There are people who have an abundance in non-traditional wealth. They are endowed with great intelligence, great power, personality, talent, and skills. We know that every good and perfect gift is from God (James 1:17), so those with abundance should honor God with their gifts as well.
Anyone can be rich toward God in the faith. We are missing out on a tremendous source of power that is absolutely full of promise. The question is how can we be rich in the faith. The answer should be obvious, but consider the Bible as a field of gold nuggets hidden in a rugged field. If you will spend the time and energy to search and dig into the ground, you will collect these gold nuggets until you have enough to be rich. Simple, right?
There is a lot to be said about the collection of these golden nuggets because we do not know how to possess them. If we hold them in our hands, we can only collect a few. We will need a place to hold these precious nuggets. As you will see, God has given us a Treasury to hold these nuggets.
The full explanation is in The Healing of the Heart book, but we all have a treasury in our Heart that has the primary purpose of holding things that we esteem or value as worth consideration. There is an important primary process to all that we become in life. What we adopt as truth becomes the strategic beliefs of our lives. This is what I call the Belief System.
The whole duty of the Heart is to discern, examine, validate, and adopt truth and reject the errors, biases, and misinformation that abounds in our world. Foolish people adopt mistaken ideas and are therefore poor in their belief that leads to a misguided life. Those rich in truth are well-equipped in their beliefs and this leads to a richer life regardless of wealth and possessions.
Which is better, if it were a choice? Rich in possessions or rich in truth. You can get possessions if you are wise in your choices, but you cannot get the blessings of God with money.
This need not be a choice. between your success in life or success with God. But, which one is your first priority is very important to the quality of your life.