Midas Touch A Balanced Approach to Biblical Prosperity

By (author)Kenneth W. Hagin

Have you ever wished that everything you touch turned to gold? The mythical King Midas wanted everything he touched to turn to gold. But when he got what he wanted, he soon found out he didn’t want what he got!

Kenneth E. Hagin has often addressed the question of prosperity for believers during nearly 70 years of international ministry. In The Midas Touch, he explains that following unscriptural teachings can lead the Christian either to a “poverty mentality” or to an unhealthy focus on money and things. Both are dangerous ditches along the road of life. Reverend Hagin emphasizes a balanced, biblical approach – leading a course in the middle of the road.

Perhaps you have wondered why you are not experiencing God’s blessings as you should. As you align yourself with what God’s Word says about money and prosperity, you will see more of God’s power at work in all areas of your life.

Looking to embark on a journey towards prosperity? Look no further than the Greek word “euodoo,” which literally means a good road or a good journey. While this term may not exclusively refer to financial prosperity, it certainly implies that having the necessary provisions and resources for the journey is essential for success.

At the very least, embarking on a journey without the necessary provisions and resources can lead to poverty and want every step of the way, hindering your ability to enjoy a good and prosperous journey. So, whether you’re looking to achieve financial prosperity or simply ensure a smooth and successful journey, make sure you’re well-prepared and equipped with the necessary resources to prosper along the way.

With the meaning of “prosper” or “prospereth” now clear, it’s time to set out on the road towards success and prosperity. Don’t let a lack of provisions or resources hold you back; take control of your journey and enjoy a prosperous road ahead.

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The Midas Touch: A Balanced Approach To Biblical Prosperity written by Kenneth Hagin, considered as the father of Charismatism, has recently surfaced on social media with praise. It is said Hagin retracted his earlier teachings on prosperity thus advocating for a balance. Hagin sounded convincing in his introduction as he drew lessons against covetousness from the Greek mythology The Midas Touch.Hagin begins by saying,

I believe in prosperity. Yes, by that I do mean spiritual well-being and physical health. But I also mean material or financial blessing. When the Apostle John declared, “Beloved, I wish above all things that thou mayest prosper and be in health, even as thy soul prospereth” (3 John 2), I believe his intent and meaning was to refer to three distinct areas of life—material, physical, and spiritual. His fervent desire was that we should thrive and flourish, or prosper, in every aspect of our being. This is the proper application of prosperity—balanced, sound, complete, and evenly emphasized. (Pg. 13).

In the aforementioned, Hagin argues for financial prosperity from a popular text of prosperity preachers: 3 John 2. Hagin quotes a text and instead of objectively interpreting it, he gave his subjective interpretation: “I believe.” We must note that 3 John is an epistle and verse 2 is simply well-wishes to the recipient Gaius; a common feature of letters written during that period. That fact wasn’t oblivious to Hagin for he addressed it. “Some people have argued that the phrase “that thou mayest prosper” does not refer to financial prosperity.” They contend the phrase was nothing more than a common greeting, or idiom, of the day that simply meant, “May things go well for you.” (Pg. 13-14).

Hagin shoots down this right approach of interpretation of 3 John 2 to clear it out of the way enabling him to establish his belief in financial prosperity. He further employs Greek to explain himself.

The Greek word translated “prosper” or “prospereth” in this text is “euodoo.” Euodoo is comprised of the words “hodos,” which means a road, and “eu,” which means good. Thus the Greek word eudoo (translated “prosper”) literally means a good road or a good journey. So even if in this instance the word did not mean specifically to prosper financially, at the very least it meant to have a good and prosperous journey.

Having established the meaning of “prosper” or “prospereth” as literally meaning having a good road or prosperous journey, he does what he has been doing all along; read his meaning into the text: “I have a hard time understanding how anyone could have a good and prosperous journey if he didn’t have adequate provisions for the trip—if he was broke lacking, and in poverty and want every step of the way.”(Pg 14). Would having adequate provisions for a journey necessarily translate into having financial prosperity?

Finally, on 3 John 2, we must bear in mind the apostle John was not making a promise to Gaius and by extension us. So to see and claim a promise is misreading the text. It is a well-wish and the best we can say to that text is Amen.

Now, appealing to the word of God under a heading, What Does God’s Word Say? Hagin lists characters in the Bible to prove biblical prosperity. “It is significant that many of God’s servants throughout the Bible were wealthy. I am not talking about just being spiritually prosperous, either. I mean financially rich! The Bible says, “And Abram was very rich in cattle, in silver, and in gold” (Gen. 13:2). That verse doesn’t require much interpretation, does it?” (Pg 16-17).

Actually, that verse does require much interpretation.

Firstly, the historical account of the life of biblical characters and their wealth are not promises to claim. They are information. Secondly, nowhere in Scripture are we told the wealth of any biblical character will be given the believer. Before we proceed, it is important to note financial wealth is not a gospel promise. Neither is poverty. In every generation, there will be rich and poor Christians. But to point to the wealth of biblical characters as a case for financial prosperity among Christians is bad hermeneutics. Paul says those who teach godliness as a means to gain are depraved in mind and deprived of truth (1 Timothy 6:5). Moving to another text, Isaiah 1:19, Hagin concludes “God wants to prosper his children. He is concerned about us and wants us to have good things in life”(Pg 17).

Chapter 2 opens with an interesting title: Our Authority In The Area Of Finance. Hagin outlines a supposed conversation with God on the subject and then proceeds to explain Scriptures to fit his narrative.


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