But today our education is, be frugal but not stingy.
* Don't waste 1 gallon gas to save/discount of $1.
* Don't spend $100s for medical by skipping meals.
You get the point. Save to invest and give charity. Charity helps grow your wealth and happiness (will cover later). If you follow Islam or any other major faiths, charity is an important aspect of life. After all it is the 3rd pillar of Islam and you celebrate "Eid Al Fitr" (mandates the giving).
Even if you are an atheist, you should do it as it help the fellow human being.
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