Give charity when you can; Take care of those who are less fortunate than you; Be generous with your wealth and possessions; Follow the teachings of Prophet Muhammad (ﷺ) .

This hadith is about the teachings of Prophet Muhammad ﷺ regarding charity and zakat. He taught that Muslims do not have to pay sadaqah or zakat on their slaves or horses. This means that if a Muslim owns a slave or horse, they are not obligated to give charity for them as they would for other possessions such as money and property. This hadith also teaches us the importance of being generous with our wealth and possessions, even if it is something we own ourselves. It also shows us the importance of taking care of those who are less fortunate than us by giving charity when we can.