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Proverbs 21:20 - A foolish man devours all he has

NIV In the house of the wise are stores of choice food and oil,
but a foolish man devours all he has.
KJV There is treasure to be desired and oil in the dwelling of the wise; but a foolish man spendeth it up.
NASB There is precious treasure and oil in the dwelling of the wise,
But a foolish man swallows it up.
Proverbs 21:20

Commentary

The contrast here is between the cottage of the wise man where there is a plentiful supply of all good things, and the home of a foolish man where sin, waste, and extravagance lead to scarcity.

MacDonald, W., & Farstad, A. (1997, c1995). Believer's Bible Commentary : Old and New Testaments (Pr 21:20). Nashville: Thomas Nelson.
Weekly Memory Verse

Have mercy on me, O God,
according to your unfailing love;
according to your great compassion
blot out my transgressions.

Wash away all my iniquity
and cleanse me from my sin.

Psalm 51:1-2 (NIV)