Spend the money that you have like what the Quran says.
In 63:10 ” And give from that We have provided to you, before death comes to one of you, then he says:”My Lord, if only You could delay this for a short while, I would then be charitable and join the righteous!”
Money was created by mankind. It is a convenient medium of exchange for goods and services.
Anatolian obsidian, copper and silver had been used as money thousands of years ago. Money came into use as countries began to trade.
Cash is no more King
The world monetary system is heading to a new direction!
It is going to be a world without cash. Paper money is popular. It is tangible. It gives you security. 80 percent of all purchases in Sweden are now electronic. Norway and Denmark are close behind. Norway will be cashless by 2020! Cash will not be around in a decade says Deutsche Bank CEO.
First, it will cut the comfort for criminals ( terrorism included) . Suspicious activity can be detected and monitored as a permanent electronic trail is recorded.
An economy stuck in a recession can tax your cash withdrawals. Your money is entrapped! So spend the money.
Free money or print money
To give away money to the needy is not only piety but it is an economic sensible action.
You place money on those who need is not going to waste. It will increase the aggregate demand. By muliplying effect it will churn the economy during a recession.
Printing new money is not as good as filling up the poverty gap by giving for the sake of God. Too much money chasing after too few good becomes inflationary.
Spend the money before you hit the grave
To spend the money on others is like how do you bribe God to avoid Hell.
Our sins are unknown. Only during Judgement Day the scroll is given to you. But then it will be too late. God will not give a second chance in the hereafter.
” And give from that We have provided to you, before death comes to one of you, then he says:”My Lord, if only You could delay this for a short while, I would then be charitable and join the righteous!”
And the greatest test you can go through is not when you are poor or needy in this world.It is when you are rich!
The Prophet (Rasool’Allah ﷺ) said ” None of you will believe until you love for your brother what you love for yourself”
So how do you expect God to give you heaven if you have not made your brother happy in this world? It is because you are selfish as you have disregarded the promise of God: that the righteous who enters a place where everything is free!
Spend the money for the sake of God
You are created by God. By now you must have known the misunderstood story of the creation of Adam.
God’s spirit is in you. If you are given the power to will money out of thin air, would you be still aspiring to hoard your money away?
Therefore seek out for money for the sake of God. Spend the money for the sake of God too.
You will be given heaven.