Summary
This quote emphasizes the consequences of two extreme financial attitudes. The spendthrift, someone who spends money recklessly and without thought, ends up leaving little or nothing behind for their heirs. By squandering their resources, they deprive future generations of any financial security or inheritance. On the other hand, the miser, someone who hoards and excessively saves money, denies themselves the opportunity to enjoy their wealth or invest it wisely for growth. Ultimately, they rob themselves of the potential for a fulfilled and prosperous life.