In "The Gift of the Magi," poverty ultimately turns into contentment, earning Jim and Della the title of Magi. What do you think of this?

This is a very interesting statement to consider when
thinking about this excellent short story. Certainly we can tell from the beginning of
the story that poverty is something that oppresses Jim and Della, as we see from Della's
struggles to save any money at all and the way that what she has saved is so
little:

One
dollar and eighty-seven cents. That was all. And sixty cents of it was in pennies.
Pennies saved one and two at a time by bulldozing the grocer and the vegetable man and
the butcher until one's cheeks burned with the silent imputation of parsimony that such
close dealing implied. Three times Della counted it. One dollar and eighty-seven cents.
And the next day would be
Christmas.

Note the way that
the amount is repeated to stress the small amount of money that has been saved, in spite
of so much hard work and shame has been endured. However, it is clear that the
sacrifices that they make for each other give witness to the profound love that they
have for each other. Although they are poor, we have enough evidence from the story to
indicate that they are contented in their relationship with each other. What earns them
the title of "Magi," according to the narrator, is the "wisdom" that they expressed,
paradoxically through their foolishness, in the gifts that they gave each other and the
self-sacrificial spirit that such gift-giving indicates.