Hadith on Sadaqah: Best charity is to spend on your family

Thawban reported: The Messenger of Allah, peace and blessings be upon him, said, “The best coin for a man to spend is the coin spent on his dependents, and the coin spent by a man on his mount in the way of Allah, and the coin spent by a man on his companions in the way of Allah.”

Source: Ṣaḥīḥ Muslim 994

Grade: Sahih (authentic) according to Muslim

عَنْ ثَوْبَانَ قَالَ قَالَ رَسُولُ اللَّهِ صَلَّى اللَّهُ عَلَيْهِ وَسَلَّمَ أَفْضَلُ دِينَارٍ يُنْفِقُهُ الرَّجُلُ دِينَارٌ يُنْفِقُهُ عَلَى عِيَالِهِ وَدِينَارٌ يُنْفِقُهُ الرَّجُلُ عَلَى دَابَّتِهِ فِي سَبِيلِ اللَّهِ وَدِينَارٌ يُنْفِقُهُ عَلَى أَصْحَابِهِ فِي سَبِيلِ اللَّهِ

994 صحيح مسلم كتاب الزكاة باب فضل النفقة على العيال والمملوك وإثم من ضيعهم أو حبس نفقتهم عنهم