This Karagre vasate lakshmi sloka is also known as karadarshana sloka. Because it will explains you about you your palm.

Karagre vasate Lakshmi, kara madhye Saraswati,
kara mule sthitha Gowri,  prabhaate kara darshanam

Translation

On the tip of your fingers is Goddess Lakshmi; on the palm is Goddess Saraswati; in the wrist is Gowri. In this manner, look at your palm. Some times the words “kara mule tu Govinda” are seen instead of “karamule sthite Gowri”. With this substitution, we are praying Laxmi, Saraswati and Durga for giving us wealth, the appropriate knowledge to use that wealth, and the strength to sustain us.

Explanation:

This is a morning prayer called “karadarshana”. One begins the day with this prayer. “Kara” means the palm of the hand and it stands for the five Karmendriyas, or the organs of action. While looking at the palm, one invokes the Lord in the form of various deities, thus sanctifying all the actions that will be done during the day.
By acknowledging the Lord as the giver of the capacity to perform actions and as the giver of the fruits of those actions, one sanctifies the actions. Thus, one prays in the morning to reinforce the attitude that all actions are performed as a service to the Lord.

Chant this when you wake up in the morning.