Be generous with your wealth and use it for good causes whenever possible .

This hadith explains that a Muslim is not obligated to pay charity on their slave or horse. The Prophet Muhammad, peace be upon him, taught that Muslims are required to give charity in order to help those in need and spread the wealth among the community. However, this hadith clarifies that a Muslim does not have to give charity on their slave or horse as these are considered personal possessions and do not fall under the category of giving charity. This hadith also teaches us about being mindful of our obligations and understanding when something is exempt from them. It also encourages us to be generous with our wealth and use it for good causes whenever possible.