This proverb is absolutely true in our family life and social life.Money is essential in our life.So we should spend this money according to our need.Nobody likes a squanderer.There are many examples of spendthrift in every holy book.Islam states that the men who spend more than necessity,are not liked by Allah.
There are many people who had much money but because of their waste of money,they became beggars at last.But frugality is a habit opposite to dissipation.
Everyone should follow frugality to make a well planned family.Frugal men save one or two paisa and easily buy their expected things.But the life of the luxrious and extravagant man is not happy.We should form the habit of being economical but not be miserly.The men who spend according to their means,can prosper in their life and they have a bright future.They are reallly happy.
Reality,Cut your coat according to your cloth.