Verses 7-8 are observations about wealth and human conduct. The saying in verse 7 may be interpreted to mean (1) that people should not judge by outward appearance, or (2) that a person’s wealth or lack of it cannot be hidden, or (3) that people should avoid extremes of behavior. This saying may also be taken as a criticism of pretense; that is, poor people acting as if they are rich, or rich people acting as if they are poor.
“One man pretends to be rich, yet has nothing”: Line 1 is similar to line 2 in 12.9. “One man” renders the same opening expression as in 12.18 by noting the existence of someone (an indefinite person). New Revised Standard Version has “Some pretend. . ..” Note Good News Translation “Some people. . ..” “Pretends to be rich” renders a form of a Hebrew verb meaning “one enriching himself,” that is, “acting as if he were rich.” In some languages this line must be expressed as “There are some people who say untruthfully that they are rich.”
“Another pretends to be poor, yet has great wealth”: “Another . . . poor” is a verb form parallel to “pretends to be rich” in line 1, and so “one impoverishing himself” means “acting as if he were poor.” The lines are clearly contrasting parallelism. As in line 1 the verb “has” is understood and so is supplied by Revised Standard Version. “Great wealth” means the person has lots of money or owns many things. In some languages to have large amounts of riches is to possess many loads, to have many full granaries, or to cultivate many gardens. For a model translation see Good News Translation.
Quoted with permission from Reyburn, William D. and Fry, Euan McG. A Handbook on Proverbs. (UBS Helps for Translators). New York: UBS, 2000. For this and other handbooks for translators see here .

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