In fact, too much or too little of anything can be problematic. Spirituality can be nurtured with appropriate resources and opportunities to grow. Limited finances often deny us the possibilities that would support our soul's growth. Money cannot heal a wounded soul, psyche or ego. Money can lead, however, to security, opportunity and growth.
Money often becomes the object of compulsions and obsessions.
It is a substance that can be abused and to which one can become addicted. It makes no difference whether we overspend or underspend, often we use money to feel differently about ourselves. Conversely, self denial or material scarcity is a reactive addiction. Money and food addiction go hand and hand. Underspending, like undereating, is a form of self denial preventing oneself from getting what one loves and needs.