What are the dangers of seeking riches according to the Bible?

According to 1 Timothy 6:9, those who desire to be rich fall into temptation and a snare, leading to foolish and harmful desires that bring ruin. Financial aspirations can trap believers in a cycle of greed, leading to discontentment and a focus on worldly gains rather than eternal treasures. Furthermore, the narrative of Lot illustrates how seeking material prosperity can result in spiritual loss. It is essential for Christians to focus their energies on seeking God's kingdom rather than earthly treasures.