We should spend our wealth in a good way, in a way that permissible by sharia. When we spend it wrong, it will be disastrous for us.
Let’s see a hadith from Khaulah al-Ansariyyah (may Allah blesses her), the Prophet ﷺ says:
إِنَّ رِجَالاً يَتَخَوَّضُونَ فِي مَالِ اللَّهِ بِغَيْرِ حَقٍّ، فَلَهُمُ النَّارُ يَوْمَ الْقِيَامَةِ
❝There are some men who dispose of the wealth of Allah unlawfully; theirs will be the Fire on the Day of Resurrection❞ [Saheeh al-Bukhari].
Al-Hafizh Ibn Hajar al Asqalani (may Allah have mercy on him) explains :
That is: disposing of the wealth of the Muslims in an inappropriate manner is more general than merely being unfair when dividing wealth and the like. This is a deterrent to people in authority against taking anything from the wealth in an unlawful manner or withholding it from those who are entitled to it. [Fath al-Bari, 6/219].
So, let’s spend our wealth wisely. Make sure the spending in the good way and will give us goodness.