Believe simply and generously

This hadith teaches us the importance of being a believer who is simple and generous. The Prophet Muhammad ﷺ taught that believers should strive to have these qualities, as they are signs of a good character. On the other hand, profligates are to be avoided due to their deceitful and ignoble behavior. We can learn from this hadith that it is important to practice simplicity in our lives by avoiding excessiveness in our actions or words, as well as generosity by giving generously without expecting anything in return. By following these teachings we can become better people who are respected by others for our good character traits.