Riyad as-Salihin, 482

'Abdullah bin Ash-Shikhkhir (May Allah be pleased with him) reported:

I came to the Prophet (ﷺ) while he was reciting (Surat At-Takathur 102): "The mutual rivalry (for hoarding worldly things) preoccupy you. Until you visit the graves (i.e., till you die). Nay! You shall come to know! Again nay! You shall come to know! Nay! If you knew with a sure knowledge (the end result of hoarding, you would not have been occupied in worldly things). Verily, you shall see the blazing Fire (Hell)! And again, you shall see it with certainty of sight! Then (on that Day) you shall be asked about the delights (you indulged in, in this world)!" (102:1-8) (After reciting) he (ﷺ) said, "Son of adam says: 'My wealth, my wealth.' Do you own of your wealth other than what you eat and consume, and what you wear and wear out, or what you give in Sadaqah (charity) (to those who deserve it), and that what you will have in stock for yourself." [Muslim].

وعن عبد الله بن الشخير ‏"‏ بسكر الشين والخاء المشددة المعجمتين‏"‏ رضي الله عنه، أنه قال‏:‏ أتيت النبي ، صلى الله عليه وسلم، وهو يقرأ‏:‏ ‏{‏ ألهاكم التكاثر‏}‏ قال‏:‏ ‏"‏ يقول ابن آدم‏:‏ مالي، وهل لك يا ابن آدم من مالك إلا ما أكلت فأفنيت، أو لبست فأبليت، أو تصدقت فأمضيت‏؟‏ ‏!‏‏"‏ ‏(‏‏(‏رواه مسلم‏)‏‏)‏‏.‏

References1 variant

In-Book Reference: Introduction, Hadith 482

Sharh · explanationclick to expand

Guidance from the Hadiths: 1) The Shariah adopts a balanced approach in dealing with all matters. It endears the Hereafter to people, as it is the permanent abode, and encourages them to take their share in this life without competing in hoarding worldly possessions. 2) Useful wealth is what is used as a means to the Hereafter, like food, clothes, house, or charity.