In plain words
Students, embodiments of the sacred Ātma!
Man's state and fortunes, all of them, do not rest on wealth and gold, on possessions and vehicles. Man's highest state rests on sacred qualities alone. Holding to this very truth, holding to the very truth that no divine state can ever come into humanness through wealth, gold, possessions and vehicles, Sumati, the last among the disciples of Śaṅkara Bhagavatpāda, uttered this śloka. Man's life is a mixture of this world and the next. Of this world and the next, man trusts in this world alone, forgets the next, and strives to pass his life on some path of peace or other. Among the four kinds of puruṣārtha, Dharma, Artha, Kāma and Mokṣa, when we keep the first, Dharma, as the chief aim and trust that Mokṣa alone is our goal, Artha and Kāma too become fruitful. Forgetting the foundation and what it holds up, we waste our life merely on Artha and Kāma, which stand in between. So, when we divide the puruṣārthas, Dharma, Artha, Kāma and Mokṣa, into two forms, our life, resting on this, not only becomes sacred: this also shows itself as an easy path, an effort fit to restore the culture of Bhārata. Today, when we set about inquiring well into these, Dharma, Artha, Kāma and Mokṣa: among the four puruṣārthas, Dharma, Artha, Kāma and Mokṣa. Dharma is the feet. Mokṣa is the head. Because we have cut off the feet and the head, we are left floundering in Artha and Kāma. Because we divide them into these four, there is some room to be confused. If we turn these four into two, we can take it that there will surely be no room for such confusion.