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Muhammad (s.a.a.w.) was the most far removed among his people from the love of money or wealth. He encouraged his followers to be industrious, make an honest living and discouraged them from seeking charity. He did not condemn wealth and the wealthy, however, he feared for his followers and encouraged them to not allow it to corrupt them or obsess them.

Muhammad (pbuh) himself could have been the most wealthy man in the history of Arabia, however, he preferred to live simply and use his wealth in that which pleased God. As the leader of the Islamic nation, he received great wealth, however, he hated for this wealth to remain in his home for more than a day without having distributed it in charity. At times he would distribute tens or hundreds of thousands of "dinars" at a time as soon as he received them. He lived according to his sayings:

"O my Lord, indeed, true life is only the afterlife" and "What have I to do with this life? The similitude of me and this life is as a traveler who stopped to take shelter in the shade of a tree and then arose and left it"

Urwah narrated that Aisha (the wife of Muhammad, pbuh) said to me,

"O my nephew! We used to see the crescent, and then the crescent, and then the crescent, in this way we saw three crescents in two months and no fire (for cooking) used to be lit in the houses of Allah's Messenger (pbuh). I said, "O my aunt! Then what use to sustain you?" Aisha said, "[These two]: dates and water." (Narrated by Al-Bukhari)

Abu Tharr narrated that Allah's Messenger (pbuh) said,

"If I had gold equal to the mountain of Uhud, it would not please me that any of it should remain with me after three nights (i.e. I would spend all of it in Allah's cause) except what I would keep for repaying debts." (Narrated by Al-Bukhari)

Jabir ibn Abdullah narrated:

"The messenger of Allah was never asked for something and then he said 'no' (he never refused a request)" (Narrated by Al-Bukhari)

 Reference url: http://wings.buffalo.edu/sa/muslim/library/jesus-say/ch9.html

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Short Quotes

For Sale at $300, but Buy it for $800

Sayyidna Jareer ibn Abdullah, Radi-Allahu anhu, once sent his servant for buying a horse. The servant made a deal for three hundred dirhams and brought the seller with him so he could be paid. Sayyidna Jareer ibn Abdullah, Radi-Allahu anhu, looked at the horse and realized that the seller had undervalued it. "Would you sell it for four hundred?" he asked. The seller agreed. "How about five hundred?" he continued his unusual "bargaining" and finally bought the horse for eight hundred dirhams. He was later asked why he did so. "The seller was not aware of the true value of this horse, " he explained. "I have simply given him a fair price because I had promised to Prophet Muhammad, Sall-Allahu alayhi wa sallam, to always be sincere and well-wisher for every Muslim."
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