This document provides an analysis of Psalm 1. It discusses that Psalm 1 outlines two ways to live: following one's own way or God's way as directed by His word. God's way leads to blessing and prosperity, being rooted like a fruitful tree, while one's own way leads to instability and destruction, being like chaff blown by the wind. The document examines various parts of Psalm 1 in detail to draw out this key message about the importance of following God's directions over one's own way.