The legendary Sigmund Freud, known for his wit, once famously said 'A miserly behavior is compared to toilet training in children'. A miser is one that shows this behavior. The term ‘Miser’ has originated from Latin, where it means wretched. Basically, one that is reluctant to spend money for necessities and comforts. A person considered a miser, receives several titles such as a penny pincher, a piker, a scrooge, a skinflint or simply a cheapskate! A miser always tends to be unhappy due to his lust for saving money. There is a famous proverb that, 'A miser and a pig are of no use until dead'. Earlier, the word miser was more associated with land merchants who were always trying to hoard every single penny and avoid the tax collectors. Unfortunately, this community has been dealing with the miser stereotype for decades now, but there are more people joining the bandwagon. Although the word miser gives us an aura of negativity, there are a few who act misers due to their economic situation and to secure their future. For example, a person running a small business tends to be a miser for the proper functioning of his business and to grab any opportunity in the future.