This hadith is about giving a pledge of allegiance to the Prophet Muhammad ﷺ. It was narrated by Jarir bin 'Abdullah who gave his pledge for offering prayer perfectly, giving Zakat and giving good advice to every Muslim. Prayer is an important part of Islam which must be done five times a day in order for one's faith in Allah SWT to be complete. Zakat is also an important part of Islam as it helps those who are less fortunate than us and gives us blessings from Allah SWT. Lastly, it is important for Muslims to give good advice or nasihah as this will help others become better Muslims and help them stay on the right path towards Allah SWT.