Your wealth cloth is your wallet. Really, a wallet is just a piece of cloth you keep in your pocket that has your wealth in it, right? This can also be your purse, especially if you live in the ol' UK.
This is a jukugo word, which usually means on'yomi readings from the kanji. If you know the readings of your kanji you'll know how to read this as well.
I forgot my wallet at home, but that saved me ten dollars.
My mother follows fengshui and replaces her purse every year.
"Hold up! You dropped your wallet!" "Thank you, but what would you do if I said I dropped it on purpose?"