What is the advice for a Muslim to balance between extravagance and stinginess?

Question:
I know that true happiness lies in the mindfulness of Allah and asceticism in this world, and I want to be humble in my food, clothing, drink, and ride, but I cannot do so because of the luxurious reality we live in. So, what is your advice?

Answer:
Our advice to you is not to strain yourself, and you should follow the middle path. Do not do what would be looked down upon, such as wearing shabby clothes when that is not fitting for you, and the same applies to food. Be moderate in your affairs; do not act like the poor when you are rich, and do not seek to act like the rich when you are poor. So, act according to your ability.
Allah loves it when His servant sees the effect of His blessing upon you. So, if Allah has expanded your means, eat and wear the middle path that involves no straining and no denial of Allah’s blessings.
Look at those below you, and do not look at those above you, so that you do not look down upon Allah’s blessings upon you. As for straining oneself in clothing, drinks, and food, that is not fitting. But a person should look at the middle path, wearing what his peers wear and eating what his peers eat, so that he does not look down upon Allah’s blessing upon him.