Let's hope the man who became Pope Francis puts his philosophy of a simple life into practice now he is pontiff.
At the age of 76 he probably has a bus pass and no need for expensive private transport. But he could use the Popemobile for going round St Peter's Square selling ice-cream. All profits to the poor.
He will travel a lot but only by budget airlines and remember to take his own sandwiches. A few lightweight drip-dry soutanes will help avoid excess luggage charges.
If Pope Francis really wants to divert cash to the poverty-stricken, there is a lot of art, jewellery and other precious stuff in the church coffers that would raise plenty of cash on eBay. Ramsden's would likely open a branch in Rome for all the spare bits of gold the Vatican could put their way.
No doubt the cardinals, bishops and other Catholic clergy will pursue an austere lifestyle. But Pope Francis should be an inspiration to us all to live modestly and give generously.
If you have an expense account, don't just treat yourself to a lavish lunch. Invite someone else. Maybe a recently retired journalist. Or a Jesuit. As you know Jesuits have taken a vow of poverty and it's up to the rest of us to keep it for them.
Be moderate in consumption of alcohol. Resist the temptation to have a second pint and instead buy a drink for a pensioner. This advice applies especially to Eric Joyce MP.
Those addicted to serially updating electronic devices may say: "No I will not buy the Samsung 4S as I am really happy with my Samsung 3S." Message all your friends to adopt a similar policy of mobile moderation.
Politicians may eschew all but essential expenses. Bankers may repent and not get flung out of the temple by just saying no to bonuses. Footballers can say that half-a-million quid a year is enough and please use the rest to cut ticket prices for fans.
Remember that humility is also important. Pope Francis is known to wash the feet of the poor. I can help in this respect as long as the washer promises to dry between the toes and put my socks back on.
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