Silsilah as-Sahihah 2300 — How to remove miserliness; saving oneself

Sayyiduna Abu Qatadah (may Allah be pleased with him) narrates that the Messenger of Allah (peace and blessings of Allah be upon him) said: "O people! Purchase your souls from Allah with His wealth. If a person is miserly in giving his wealth to others, then he should start spending on himself, and eat, drink, and wear clothes from what Allah has given him."