One's wealth should be spent in charity, for one's enjoyment and to obtain fame. Otherwise it is useless. as well as harmful; If a person begs "giveme" give me" in this birth, He is said to be one, who had been telling in his previous birth , "no no" in his previous birth. to those who sought from him.
The highest in dhanam is claased as Ubayathomukthi dhanam. When a cow delivers a calf and before the calf falls out of the cow, there are two faces looking up ( in front cow and in back calf faces). At that time it must be given as dhaanam to a deserving person , confers on the giver the benefit of living in heaven for as many yugas as there are hairs on the bodies of the cow and calf.
The cow with black udder, horse, gingilly, elephant, Ratham, house, virgin, gold,ruby rathnas, are named as maha dhaanam. Among the dhanams Anna dhanam is described as very good. Imparting of education, or knowledge is superior to giving of cow, land, or book. Tghe imparting of knowledge of the self (Brahma Vidhya) is most superioe.
All Dhanams should be given without the receipient desring it; but food, education and virgin these three should be given to those who seek them. The merit of dhanam does not depend on the nature or value of the gift. If given with bakthi and sraddha,it is meritorious even if of little value.
Giving to parents, sisters and relatives are considered good. Two dangers attend hard earned money; They are giving to undeserving persons and not giving to deserving people. Persons respected traditionally in a family should not be ignored and new persons respected.