A poem on trusting in the Lord. See Dt 6.
v.1-2 The father admonishes his son to pursue a life of wisdom, fear of the Lord, and to follow his commands. Motivation for obedience is that the son will have a long life with peace.
v.3-4 The son is encouraged to make steadfast love and faithfulness a part of his life resulting in favor and good success (before God and man).
v.5-6 The father admonishes his son to trust in the Lord (and not in himself) and acknowledge him in his paths (with the reward that God will keep his paths straight).
v.7-8 The son is told to fear the Lord, turn away from evil, and not to be wise in his own eyes. The incentive is that he will then be healthy and refreshed.
v.9-10 Honor God by turning some of your wealth (first fruits) over to him (tithe) and your wealth will paradoxically increase.
v.11-12 The father tells his son not to reject the discipline of the Lord because the Lord corrects those whom he loves. See Heb 12:5-6 and Dt 8:1-9:5.
Trust in the Lord (and be not wise in your own eyes) and depend on him in all things and the result will be great reward. The blessings follow living a life of wisdom.