The Savings of a Miser
Self-denial is a virtue but it has to be done within the limits of common sense. I heard about a man who was studying in the UK. He used to do part time jobs from where he accumulated huge amount of money. The man lived in a cold house because he was careful to preserve his savings. He never thought it wise to warm his house during the cold winters. He also ate poorly. It was just a question of time before he got into problems.
We saw in chapter 6 that part of the reason we save is to help us in difficult times. This means that one may save in summer in order to be in a position to afford the expenses of heating the house in winter. We also save for other purposes but we have to remember that saving is relevant after the basic necessities are met. If we save at the expense of surviving, then there is something wrong.
The above case ended that the man died of pneumonia. The money he had saved was used to transport his body back to his country in Africa. The savings of a miser do not help him in his daily necessities, much less in a rainy day.
What is the purpose of savings if one cannot save his own life with his savings? To help us not degenerate into a miser, we must always ask ourselves why we are saving.
Reflections and Questions to Ponder