There is treasure
'owtsar (o-tsaw')
a depository -- armory, cellar, garner, store(-house), treasure(-house) (-y).
to be desired
chamad (khaw-mad')
to delight in -- beauty, greatly beloved, covet, delectable thing, (great) delight, desire, goodly, lust, (be) pleasant (thing), precious (thing).
and oil
shemen (sheh'-men)
grease, especially liquid (as from the olive, often perfumed); figuratively, richness -- anointing, fat (things), fruitful, oil(-ed), ointment, olive, + pine.
in the dwelling
naveh (naw-veh')
comely, dwelling (place), fold, habitation, pleasant place, sheepcote, stable, tarried.
of the wise
chakam (khaw-kawm')
wise, (i.e. intelligent, skilful or artful) -- cunning (man), subtil, (un-), wise(hearted), man).
but a foolish
kciyl (kes-eel')
fat, i.e. (figuratively) stupid or silly -- fool(-ish).
man
'adam (aw-dawm')
ruddy i.e. a human being (an individual or the species, mankind, etc.) -- another, + hypocrite, + common sort, low, man (mean, of low degree), person.
spendeth it up
bala` (baw-lah')
to make away with (specifically by swallowing); generally, to destroy -- cover, destroy, devour, eat up, be at end, spend up, swallow down (up).