What is the meaning of Luke 18:22?

* The two F.O.G. Bibles & Commentary below are currently a work in progress.

On hearing this, Jesus told him, “You still lack one thing: Sell everything you own and give to the poor, and you will have treasure in heaven. Then come, follow Me.”

Berean Standard Bible (BSB)

When Jesus heard these things, he said to him, “You still lack one thing. Sell all that you have, and distribute it to the poor. You will have treasure in heaven. Come, follow me.”

World English Bible (WEB)

Now{G1161} when Jesus{G2424} heard{G191}{(G5660)} these things{G5023}, he said{G2036}{(G5627)} unto him{G846}, Yet{G2089} lackest{G3007}{(G5719)} thou{G4671} one{G1520} thing: sell{G4453}{(G5657)} all{G3956} that{G3745} thou hast{G2192}{(G5719)}, and{G2532} distribute{G1239}{(G5628)} unto the poor{G4434}, and{G2532} thou shalt have{G2192}{(G5692)} treasure{G2344} in{G1722} heaven{G3772}: and{G2532} come{G1204}{(G5773)}, follow{G190}{(G5720)} me{G3427}.

Strong's King James

(22) Now Yeshua hearing this, said to him, 'One, you still fall short, sell everything, whatever you have and give to the poor and you will have treasure in skies-above and come follow Me.'

The F.O.G*

[22] Hearing this, Jesus said, "You still lack one thing. Sell everything you own and distribute the money to the poor, and you'll have treasure in heaven. Then come, follow Me."

The F.O.G Paraphrase

and having heard these things, Jesus said to him, ‘Yet one thing to thee is lacking; all things—as many as thou hast—sell, and distribute to the poor, and thou shalt have treasure in heaven, and come, be following me;’

Young's Literal Translation