A chapter by chapter verse by verse study of the book of Proverbs.
When someone applies for a job, a common question is: “What does the benefit package include?” Since the world’s advice about how to have a good life is in sharp contrast to what the Bible recommends, we might want to consider asking a similar question about the value of living according to God’s wisdom: What are the benefits? In other words, Why should we seek to live in obedience to the instructions given in the Scriptures?
First of all, in seeking God’s wisdom, we will acquire a deeper understanding and knowledge of the Lord (Prov. 22:4-6). Our perception of life is greatly enhanced when we know Him intimately. He’ll give us the ability to see ourselves, others, and situations from His perspective. As biblical principles permeate our minds, they will shape our thinking and responses to all of life’s situations and challenges.
Second, God promises divine guidance and protection if we walk wisely (vv. 7-10). Nothing outside His will can penetrate the shield of protection around those who seek to obey Him. When we let His wisdom enter our hearts, discretion watches over our desires and emotions, preventing us from entering into foolish or sinful relationships that would draw us away from Him (vv. 11-20).
Godly understanding and protection don’t become ours simply because we want them. Such benefits come to people who diligently seek divine wisdom. If you receive the words of Scripture and let them fill your heart and mind, the Lord will reveal Himself to you and give you His discernment.
We had mentioned in the beginning of our study that the purpose of a proverb is to receive instruction and wisdom, justice, judgment, equity, to give subtlety to the simple and to the young knowledge and direction.  Proverbs says the fear of the Lord is the beginning of knowledge.  So, when you reverence the Lord, when you are drawing close to the Lord, He is going to give you knowledge and He is going to give you wisdom.  Verse 1,
A good name . . .
This is not speaking of a given name, but a name earned by the type of person you are. Moses' name and influence have lived on through the centuries, but scholars still debate
the name of the Pharaoh of the Exodus, who was he? He may have been the richest and most powerful man of his day. To be like David's mighty men, an honest man, a man of integrity. The names of David's "mighty men" remain forever included on the pages of Scripture. Jesus had no earthly riches, but His "good name" and "favor" exceed all others. Your name is very important. It is immensely valuable. It may be the most important thing you have. It is your reputation. It is the one thing you will take with you from cradle to the grave. It is on your Birth Certificate and it will be on your tombstone. What do people think when they hear your name? This is an honest person; this is someone I can trust. Or this is a dishonest, person a liar; this is someone I can’t trust. What do you think of when I say, Benedict, or Adolph, or Jezebel? What about Abraham or Joshua? Your name is your trademark. People will make an opinion about you and when they hear your name it recalls the opinion about how they feel or think about you. I desire that my name would be favorable and leave a good impression. Most of all I want people to identify me as a servant of Christ. Christian is the name I want people to know. I want them to know the good name that I bare. When they hear my name I want them to think, “He is a Christian.” He is someone I can trust. He is someone that will tell the truth.” A good life has it’s number of days, but a good name continues forever.