Keep in mind that the New Covenant did not come into existence until after Jesus death and Resurrection. When Jesus preached to His fellow Jews, He was under the Mosaic Law. You may not think so, but if Jesus preached the New Covenant to His fellow Jews prior to His death on the cross, Jesus would have failed to keep the Mosaic Covenant, which were in effect until Jesus death.
Some people imagine that the rich man of Matt 19:16-24 is indicative of rich people in general, and that this discourse between Jesus and the rich man somehow demonstrates that rich people are more sinful and evil than non-rich people, and/or their riches make it near impossible for them to get into Heaven. This is not at all the lesson Jesus is teaching.
Matt 19:16-22
And behold, one came to Him and said, "Teacher, what good thing shall I do that I may obtain eternal life?"
And He said to him, "Why are you asking Me about what is good? There is only One who is good; but if you wish to enter into life, keep the commandments."
He said to Him, "Which ones?"
And Jesus said, "You shall not commit murder; You shall not commit adultery; You shall not steal; You shall not bear false witness; Honor your father and mother; and You shall love your neighbor as yourself."
The young man said to Him, "All these things I have kept; what am I still lacking?"
Jesus said to him, "If you wish to be complete, go and sell your possessions and give to the poor, and you shall have treasure in heaven; and come, follow Me."
But when the young man heard this statement, he went away grieved; for he was one who owned much property." NAS
In the category of living a life of decency and goodness, This rich man of Matthew 19 is in the top one percentile of all people who ever been born on earth up to that time. His riches afford him easy opportunity to break the commandments in pursuit of Power, Wealth or Pleasure. Even more telling about this man's character is that he chooses to come to the light (Jesus). As it is written:
John 3:19-21
"This is the judgment, that the Light has come into the world, and men loved the darkness rather than the Light, for their deeds were evil. For everyone who does evil hates the Light, and does not come to the Light for fear that his deeds will be exposed. But he who practices the truth comes to the Light, so that his deeds may be manifested as having been wrought in God." NASU
But this rich man did not keep ALL the commandments set forth by Moses. Jesus drew out of him that he loved his material possessions more than God, a form of idolatry. The rich man walks away cause he could not bring himself to give up all his wealth. This single violation of the Mosaic Law made it impossible for the rich man to obtain eternal life under the Mosaic Law because he failed to keep the entire Mosaic Law - Every Jot and Title of it.
Jesus is not just addressing this rich man, He is also saying this to all the Jews:
Matt 19:23-24
"And Jesus said to His disciples, "Truly I say to you, it is hard for a rich man to enter the kingdom of heaven. And again I say to you, it is easier for a camel to go through the eye of a needle, than for a rich man to enter the kingdom of God."" NAS
Some people stop here and draw the false conclusion that the rich are more sinful in God’s eyes and are less likely to have eternal life. This is not so. But when we read on, we get rather profound context. However-
When the Disciples heard Jesus say this, they did not respond, "well that's really bad news for rich people, good thing we are poor and not rich." Rather, they became worried about their own salvation as they mulled over Jesus words of how this very exceptional decent rich man will never enter the Kingdom of God under the then prevailing Mosaic Law. This is revealed by their response:
Matt 19:25
"When the disciples heard this, they were very astonished and said, "Then who can be saved?"" NAS
Jesus then assures them that they need not worry, that this rich man, and they, can be each saved and attain eternal life, note also that Jesus response addresses all men will not be saved by keeping the Mosaic Law, not just rich people:
Matt 19:26
Jesus said to them, "With men this is impossible, but with God all things are possible." NAS
Thus Jesus makes it very clear that humans cannot do enough to save themselves by the keeping of the Mosaic Law. Jesus answered regarding the rich man's question by pointing out that he will never stop sinning enough or do enough good things to enter the kingdom of God and inherit eternal life. This is not the only time Jesus lets the Jewish people know that they will never be justified by their efforts to keep the Mosaic Law. He lets them know that if anyone has hatred in their heart that they are guilty of breaking the commandment prohibiting murder, and if anyone looks at a married woman with lust, he has already committed adultery with her in his heart. The bible categorically states that none will be saved by their ability to keep the Mosaic Laws.
God knew this even when He gave Moses that Law, before the people had a chance to break that Law, that they would never keep The Law:
"Then YHWH said to Moses, "Behold, the time for you to die is near, call Yeshua, and present yourselves at the tent of meeting so that I may commission him". ... And YHWH said to Moses, "Behold,you are about to lie down with your fathers; and this people will arise and play the harlot with strange gods of the land, into the midst of which they are going, and will forsake me and break My covenant that I have made with them". Deut. 31:14 & 16.
Jesus reiterates this same message to all Jews, who rely on their keeping of the Mosaic Law to obtain eternal life, yet it is that very law that dashes their hopes of eternal life.
Jn 5:39-47
You search the Scriptures because you think that in them you have eternal life; it is these that testify about Me; and you are unwilling to come to Me so that you may have life. I do not receive glory from men; but I know you, that you do not have the love of God in yourselves. … Do not think that I will accuse you before the Father; the one who accuses you is Moses, in whom you have set your hope. For if you believed Moses, you would believe Me, for he wrote about Me. But if you do not believe his writings, how will you believe My words?" NASU
Well, if no one is capable of keeping the Mosaic Law, who then can be saved?
In this exchange with the rich man and the ensuing conversation with His disciples, Jesus hints at the fact that there is another way to enter God's Kingdom and obtain eternal life. It will turn out to be the only REAL way to be saved and have eternal life and life abundantly. But the apostle's do not know about that yet and, though semi-relieved by Jesus last words, they are still concerned about their future. Peter's speaks for their mutual worries on this issue of salvation:
Matt 19:27-30
"Then Peter answered and said to Him, "Behold, we have left everything and followed you; what then will there be for us?"
And Jesus said to them, "Truly I say to you, that you who have followed Me, in the regeneration when the Son of Man will sit on His glorious throne, you also shall sit upon twelve thrones, judging the twelve tribes of Israel. "And everyone who has left houses or brothers or sisters or father or mother or children or farms for My name's sake, shall receive many times as much, and shall inherit eternal life.” NAS
Jesus would later reveal the good news as to how all people, rich or poor, may have eternal life, good life with joy and peace, life abundantly:
John 3:14-18
"As Moses lifted up the serpent in the wilderness, even so must the Son of Man be lifted up; so that whoever believes will in Him have eternal life. For God so loved the world, that He gave His only begotten Son, that whoever believes in Him shall not perish, but have eternal life. For God did not send the Son into the world to judge the world, but that the world might be saved through Him. He who believes in Him is not judged; he who does not believe has been judged already, because he has not believed in the name of the only begotten Son of God."
To be saved and receive eternal life, LIFE ABUNDANTLY gets no easier than this. Just believe Jesus. We are saved by His faith.
John 6:37-40
"All that the Father gives Me will come to Me, and the one who comes to Me I will certainly not cast out. For I have come down from heaven, not to do My own will, but the will of Him who sent Me.
"This is the will of Him who sent Me, that of all that He has given Me I lose nothing, but raise it up on the last day. For this is the will of My Father, that everyone who beholds the Son and believes in Him will have eternal life, and I Myself will raise him up on the last day."
Our salvation can not be any easier than as described in John 6:37-40.
Matt 11:26-30
"Yes, Father, for this way was well-pleasing in Your sight. All things have been handed over to Me by My Father; and no one knows the Son except the Father; nor does anyone know the Father except the Son, and anyone to whom the Son wills to reveal Him.
"Come to Me, all who are weary and heavy-laden, and I will give you rest. Take My yoke upon you and learn from Me, for I am gentle and humble in heart, and YOU WILL FIND REST FOR YOUR SOULS. For My yoke is easy and My burden is light."
