Those who spend their wealth
(in Allâah’s Cause) by night and day, in secret and in public, they shall have their reward with their Lord. On them shall be no fear, nor shall they grieve.

Being charitable and providing for the needy is a major aspect of Islaam and characteristic of the Muslim. Charity is one of the major foundations of Islaam. If it is weak, then the foundation of the faith and the Muslim community is weak. This will eventually come to touch each of our lives, one way or another.
In spite of this, there are still an unfathomable amount of starving, poor, hungry and destitute Muslims and non-Muslims in the world. At the same time, there is a high number of rich Muslims in the world who are wasting their wealth on luxuries, and even forbidden items. Remembering to give charity correctly is crucial to both the well-beings of the needy as well as our own ultimate happiness.