St. Basil the Great, who gave away his great wealth to found philanthropic ministries for the sick and needy, taught that the Lord’s strict words to this man revealed his lack of love for his neighbors. Basil wrote that “Those who love their neighbors as themselves possess nothing more than their neighbor; yet surely, you seem to have great possessions! How else can this be, but that you have preferred your own enjoyment to the consolation of the many…For the more you abound in wealth, the more you lack in love.” The young ruler had laid up treasures for himself on earth and had given his heart to them. (Matt. 6: 19-21)

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