Makes some very interesting reading but if I may with your permission change the language a bit so that it becomes more meaningful to the common man. Here is my interpretation of your pearls of wisdom.

How I understood it:

1)      Start thy purse to fattening: Please save some money but do not keep it in your purse because if you do you will flout Rule No. 4(Guard thy treasures from lost). It could be pick pocketed and keep it in a bank only if you do not have online transaction facility. The only recourse left is to dig a hole and put it in there.

2)      Control thy expenditure: Stop those lousy spending that you keep doing each time a week end arrives so No movies, No Books, No gifts, No music. No melody No restaurant.. Imagine a world based on the richest man in Babylon.

3)      Make thy gold multiply: Now gold does not multiply what is probably being meant is that let people invest some money in banks and let the  interest accrue so here we go no personal loans, no credit card dues, no temporary overdrafts unless you are a Banker providing all these services.

4)      Guard thy treasures from lost :Yes now to do this no internet banking, no online demat accounts, no late night parties (you could have unwanted guests on your way back and this also qualifies for Rule 1)

5)      Make of thy dwelling a profitable investment That is what we do but on home loans no never because that flouts Rule no. 2. Home loans in an increasing interest rate environment will add to cost and without that I do not have any money.

6)      Insure a future income That is what we do but the problem is those long term Insurance policies with pension benefits that my dear old friend’s nephew took me into will pay me only 8% per annum and inflation might be 5% but petrol, multiplex tickets, children’s education do not increase at that rate . Wonder whether they are missing the 1 before the 5 while calculating inflation.

7)      Increase thy ability to earn: I give us I cannot. Me and my wife are both working I have a 8 to 12 job yes, am to pm and she has a 8 to 8 job so where do I get in that extra bit of time to increase my ability. I enrolled for a distance learning M.B.A program but after I paid my first installment (through bank loan flouting rule No.3,)I realized it is of no use so I have stopped looking at the books and am looking for a poor boy whom I could donate this so that being a drop out does not hurt me.