This quote suggests that misers, or those who hoard wealth, often mistake the accumulation of wealth (gold, in this context) as the ultimate goal or the definition of their worth. However, the author argues that wealth is merely a tool, a means to an end, not the end itself. The ‘good’ here refers to what truly matters in life – happiness, fulfillment, purpose, and so on, which cannot be bought or quantified by wealth.

The quote points out the flawed perspective that equates happiness or success with material wealth. It underscores the idea that while money can provide comfort and security, it is not a guarantee of happiness or fulfillment. The ‘good’ in life often comes from intangible aspects such as relationships, experiences, personal growth, and contribution to society, which money can facilitate but cannot replace.

Applying this to today’s world, we live in a society that often equates success with monetary wealth. This quote serves as a reminder not to lose sight of the fact that money is a tool, a means to an end, not the ultimate goal. It’s important to focus on what truly brings happiness and fulfillment.

In terms of personal development, this quote suggests the importance of defining one’s values and goals beyond material wealth. It encourages us to pursue what truly matters to us – be it personal growth, relationships, or contributing to society. It reminds us to use wealth as a tool to facilitate these pursuits, rather than making wealth accumulation the ultimate goal. It’s about focusing on the journey, the process, the growth, rather than merely the destination or the end result.