Treat your children fairly and equally; Show respect for all people regardless of their social status or economic standing in society; Show compassion and kindness towards others; Uphold justice and righteousness in all matters ; Do not discriminate against anyone based on their background ; Be generous with your resources ; Express gratitude whenever possible .

This hadith is about treating children equally and fairly. It tells us that we should not show favoritism towards one child over another when it comes to giving gifts or rewards. In this particular case, a father wanted to give a slave he owned as a gift to one of his sons. However, the Prophet Muhammad advised him against this and told him that he should give an equal gift or reward to each of his sons instead of just one. This teaches us that we should always strive for fairness and equality when dealing with our children so that no one feels left out or neglected. We can also learn from this hadith that even though slavery was allowed at the time of the Prophet Muhammad's life, he still advocated for fairness and equality among people regardless of their social status or economic standing in society.