Stingy people live a difficult life. Planned frugality is a quality, but helpless parsimony is not. Minimalism is a quality, but inability to spend when you want something and have the resources too, is a curse.

Being able to spend handsomely is a great quality. It’s a trait that the genuinely prosperous people are blessed with. A study reveals that on an average  people die with 75 percent of their net worth intact. Generally they leave it for the posterity.   As if the posterity is not capable of earning on their own! Jim Stovall’s book THE ULTIMATE GIFT is a great pointer to understand how giving your property on a platter to the next generation can do more damage than good.