These are excerpts from the author’s book “Deep,” which contains eight of his small books published in the form of Wisdom Literature covering different aspects of life: Facing troublemakers, dealing with pain, personal financial issues, gastronomy, reading, criticizing, inspiring, and feeling always good to go.

Series 3: Pocket – Your Personal Economy

Week 39: If You Are Miserly by Nature

• Continuing to save nonstop and with the least amount of spending means eventually you will leave your money to someone else when you pass away. Like donating blood, generous spending on yourself and others from time to time breathes life into your money, refreshes it, and makes you feel its benefit without necessarily losing any noticeable amount.

• It is good to have the ability to save, and it is better to be good at investing. The most important thing is to know how to enjoy what you save and invest.

• There are some social and public life obligations that you have to fulfill, no matter how keen you are to collect money, but in general, being a lover of money and careful in spending is a personal matter. However, it is prudent if others’ attention could be dragged more to your spending and charitable deeds than to your love of money and your eagerness to save.

• While people who are more adept at saving are role models for miserly persons, there are more important sources of inspiration for miserly persons—to benefit from them deeply at different levels—in those who do not skimp on their money but use it prudently and wisely.

• It’s OK to buy a high-end brand item if you can afford it without overburdening your budget. If you decide to stand out, it will no longer make sense to feel resented about the exaggerated price of an item because you think it is too much for the cost.

• The definitions of miserliness and generosity are constantly changing based on time, place, and the nature of life in general. Eventually, it is your money. The important thing is to achieve the balance that satisfies you between the necessity of saving—for any future investment or to face the surprises of time in general—and meeting the innate need for rational spending to bring yourself pleasure and comfort.

• No problem if you find your sheer pleasure mainly in hoarding money. You just have to be aware of the consequences for you socially—and psychologically in the long run—and be able to face those consequences with confidence.

• The most valuable act of charity is that which you undertake not for the sake of ostentation or the pursuit of an indirect interest. However, to spend your money on charitable causes that aim behind it for some material interests—in one way or another—is better in any case than abstaining completely from spending on charitable work.

• Not as a challenge to deny the accusation of miserliness, but you can still please others with symbolic gifts that are not necessarily expensive but are carefully selected.

• Do not be ashamed of your extreme love for money if others confront you about it, and at the same time do not flaunt it. It is important to accept yourself as you are, constantly trying to improve what you see necessary and possible for improvement. On the other hand, others should accept you for who you are as long as the manifestations of your qualities—even those that greatly annoy them—do not infringe on their affairs.