It's no coincidence that he titled the book "The Midas Touch - A Balanced Approach to Biblical Prosperity.".
From the Intro, right after relating the tale of king Midas and the moral of that story....
Finding Balance Between Extremes
During my more than sixty-five years of ministry, I have
often dealt with the issue of prosperity for believers, insistently
emphasizing a balanced, scriptural approach. I have observed
many teachings and practices that have both helped and
hindered the Body of Christ. I have seen some faithful men of
God stay the course and move accurately with the truth of the
Word and the Spirit, resulting in great blessing for a host of
believers. Unfortunately, I have also seen many others become
sidetracked by extremism, ultimately shipwrecking their
ministries and hurting and disillusioning many people in the
process.
It has been my experience that with virtually every biblical
subject, there is a main road of truth with a ditch of error on
either side of the road. The Church has not always been a very
good driver, often having great difficulty staying in the middle
of the road. Just about anywhere you go on the Bible pathway,
you'll find people off in the ditch on one side of the road or the
other.
Throughout the history of the Church, there have been
extreme applications of almost every basic truth or doctrine,
including issues such as baptism, resurrection, the Trinity,
ministry gifts, divine healing, and the walk of faith. The topic of
money and prosperity is no exception. There are those in the
ditch on one side of the road who teach that Jesus lived in abject
poverty, that money is evil, and that biblical prosperity has
nothing at all to do with material things. And in the other ditch,
there are people who are preaching that getting rich is the main
focus of faith, that God's main concern is your material well-
being, and that money is the true measure of spirituality. Where
is the truth? It's found far away from both extremes, on much
higher ground.
In this time of affluence and abundance, there is increasing
concern among responsible Christian leaders over the alarming
increase of confusion, error, and extremism regarding the
prosperity message. I feel compelled to speak out to the Church
at large about these issues and especially to address the subject
of finances and giving. This book is an effort to bring clarity and
understanding to those honestly seeking to find the main road of
truth concerning biblical prosperity.
I suspect that there are a great many people—Christians and
non-Christians alike—who, like the mythical Midas, have
discovered that there is no lasting joy in things money can buy
and that prosperity without eternal purpose leads to
disappointment and dissatisfaction.
I want to share with you the truths I have learned through
careful study and application of God's Word and by diligently
listening to the voice of the Holy Spirit. I pray the truths in this
book will help you gain a balanced, practical, and biblically
sound understanding of the subject of prosperity and also help
you maintain that balance as you travel the road of God's best.
—Kenneth E. Hagin