What does Psalm 49:18 mean?

Psalm 49:18 highlights themes such as selfishness, praise, vanity when read in context.

How should I apply Psalm 49:18 today?

Read the surrounding passage, compare related cross references, and turn the verse into a short prayer and concrete action.

Though while he lived he blessed his soul: and men will praise thee, when thou doest well to thyself.

16Be not thou afraid when one is made rich, when the glory of his house is increased;

17For when he dieth he shall carry nothing away: his glory shall not descend after him.

18Though while he lived he blessed his soul: and men will praise thee, when thou doest well to thyself.

19He shall go to the generation of his fathers; they shall never see light.

20Man that is in honour, and understandeth not, is like the beasts that perish.

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Proverbs 27:2
Both verses caution against self-praise and highlight the importance of humility.
Matthew 6:1
Jesus teaches about the dangers of seeking praise from men, similar to the theme in Psalm 49:18.
James 4:6
This verse discusses humility before God, contrasting with the self-serving attitude in Psalm 49.