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Biblical guidelines on how to use wealth

Answer Text:
Biblical guidelines on how to use wealth:
-The Bible gives guidelines on how wealth should be used.
- The parable of the rich fool warns against the danger of obsession with wealth and the selfish use of the same.
-Christian families should manage their resources through some of the following ways:
-Keeping family savings in a bank.
-Investing for the future.
-Taking care of the needy relatives, especially the aged.
-Avoiding extravagance and selfishness with family resources.
-Discussing their income openly.
-Making a budget of their income and expenditure.
-Avoiding debts which they cannot repay.