This translation is from the New Jerusalem Bible. Other translations are available here. Information about the original Hebrew meaning of what seem to be the key words is provided immediately below the scriptural text. Collections of scriptures dealing with similar principles are hyperlinked at the end of this post.
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My child, keep my words, and treasure my precepts, 2keep my precepts and you will live, keep my teaching as the apple of your eye. 3Bind these to your fingers, write them on the tablet of your heart. 4Say to Wisdom, 'You are my sister!' Call Understanding your relation, 5to save yourself from the woman that belongs to another, from the stranger, with her seductive words.
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child = בֵּן = bēn Blue Letter Bible son, grandson, child, member of a group; male child; young men; children (pl. - male and female); foster son; disciple; one related to a time, place, emotion, condition, status; term of kindliness or endearment; expression of intimate and gracious relation
keep = שָׁמַר = šāmar Blue Letter Bible keep, guard, observe, give heed; retain, treasure up (in memory); preserve; attend to
words = אֵמֶר = 'ēmer Blue Letter Bible utterance, speech, word, saying, promise; command, mandate; something said; appointed unto him; saying, speech, word
treasure = צָפַן = tsaphan Blue Letter Bible hide, treasure, treasure or store up; to hoard or reserve; to protect; esteem; lay up; to guard or defend
AND
אֵת = 'ēṯ Blue Letter Bible with, near, together with; from; among; nearness and vicinity; possession of a thing in the mind; in one's possession or keeping; in one's knowledge or memory; intercourse of different kinds with another
precepts = מִצְוָה = miṣvâ Blue Letter Bible commandment; law, ordinance, precept
keep = שָׁמַר = šāmar Blue Letter Bible keep, guard, observe, give heed; retain, treasure up (in memory); preserve; attend to
precept = מִצְוָה = miṣvâ Blue Letter Bible commandment; law, ordinance, precept
life = חָיָה = ḥāyâ Blue Letter Bible to live, have life, remain alive, sustain life, live prosperously, live forever, be quickened, be alive, be restored to life or health; to revive; refresh; restore to health; nourish up; recover; be whole; perfect; continue in life;preserve alive, let live; the original idea of this word is breathing; to continue safe and sound; to recover health, be healed; to vivify; to make alive; grant or restore life
teaching = תּוֹרָה = tôrâ Blue Letter Bible law; instruction, direction (human or divine); body of prophetic teaching; instruction in Messianic age; body of legal directives; custom, manner; the Deuteronomic or Mosaic Law; precept; statute; doctrine
apple = אִישׁוֹן = 'îšôn Blue Letter Bible pupil of the eye; the middle; midst of
eyes = עַיִן = ʿayin Blue Letter Bible eye; before my eyes; set one eyes on; spring, fountain
bind = קָשַׁר = qāšar Blue Letter Bible to bind, tie, bind together, league together, conspire; confine; robust, vigorous
write =כָּתַב = kāṯaḇ Blue Letter Bible inscribe, engrave, write in, write on; to register, enroll, record; prescribe, direct in writing; describe, to decree
tablet = לוּחַ = lûaḥ Blue Letter Bible tablets (of stone); boards (of wood); plate (of metal)
heart= לֵב = lēḇ Blue Letter Bible inner man, mind, will, understanding; midst; soul; mind, knowledge, thinking, reflection, memory; inclination, resolution, determination (of will); conscience; seat of appetites, emotions, passions, courage; feelings, the will and even the intellect; the centre of anything
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We Receive Great Blessings If We Seriously Study God’s Ways and Put Them Into Practice
We Must Make Real Effort/Sacrifice to receive all that God offers, But It Is Well Worth It
We Should Strive to Live in God’s Presence