na - not; tat - that; dānam - charity; praśaṁsanti - the saintly persons praise; yena - by which; vṛttiḥ - one's livelihood; vipadyate - becomes endangered; dānam - charity; yajñaḥ - sacrifice; tapaḥ - austerity; karma - fruitive activities; loke - in this world; vṛttimataḥ - according to one's means of livelihood; yataḥ - as it is so.

Learned scholars do not praise that charity which endangers one’s own livelihood. Charity, sacrifice, austerity and fruitive activities are possible for one who is competent to earn his livelihood properly. [They are not possible for one who cannot maintain himself.]