Do not raise your eyes toward the glitter of the worldly life that We have granted to various groups among them (the unbelievers) (Qur’an 15:88)
The Messenger of Allah (Allah bless him and give him peace) said:
The son of Adam ages, while two things in him grow younger: greed for [more] wealth and greed for [more] life (Bukhari, Muslim).
The Nature of Greed
The heart’s obsession with wealth is greed (hirs). Greed is the root of all spiritual ailments. It is, therefore, proper to describe it as the mother of all maladies. All mischief and strife are the consequences of this base attribute. It is because of greed that people plunder and usurp the rights of others. The basis of immorality is lust for bestial pleasure. The root of all blameworthy character traits is this very greed.
All the gnostic’s maintain that the foundation of blameworthy character traits is arrogance (kibr), and arrogance is the craving for fame. Thus, the basis for arrogance too is greed.
If a man possesses two valleys filled with gold and silver, by nature he will desire a third. The more the demands of greed are satisfied, the greater will its demands be. The greedy person is like one afflicted by a rash. The more he scratches, the worse the scratch becomes. Allah Most High says, “What!Is there for man everything he desires?” (Qur’an 53:24)
In other words, it is not possible for man to fulfill all his desires. It is this reason that the greedy have no peace of mind. Nothing besides soil [that is, the grave] can satiate his greed. Before a wish is fulfilled, another develops. When one is not contented with destiny, one is smitten by a multitude of desires and hopes whose fulfilment is most difficult. The result of non-fulfilment of desire is frustration and worry. The greedy, in spite of perhaps posessing abundant wealth enjoying luxury, are perpetually afflicted with frustration.
Reduce expenditure. This will lesson concern with and desire for more earnings. Forget about the future and bear in mind that the greedy are ever loathsome.
(The Path to Perfection, Shaykh Maseehullah Khan)