Answer:
Both punishment and sweet reward, It will befall both fool and lord. It is a spiritual scoreboard, Your every deed it does record.
I can be cracked, I can be made. I can be told, I can be played.
Metal or bone I may be, many teeth I have and always bared. Yet my bite harms no one. And ladies delight in my touch.
Up on high I wave away but not a word can I say.
What is it that was given to you, belongs only to you. And yet your friends use it more than you do?
You use it between your head and your toes, the more it works the thinner it grows.