Many people believe that there is something that guides them beyond reason that intuitively leads them to avoid danger - an extra sense. Ideas like guardian angels and spirit guides are quoted. But could it be much simpler.
This saying seems to be suggesting that our best guide and adviser might be a deep fear of poverty. At the back of your mind this worry could lead you to be a model citizen: avoiding rash decisions, spendthrift ways, rowdy conduct, slovenly standards in personal behavior and business dealings. Respect for authority, care for the health and education of self and family will be seen as good.
It would seem that there are many virtues that we will cherish if we fear poverty. This might also suggest that a welfare state could be weakening if this bracing fear is removed.
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