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The Messenger of Allah, sallallahu 'alayhi wa sallam, said that which means:

Allah said, 'O son of Adam! Spend, and I shall spend on you' (Sahih al-Bukhari 5352)

Indeed sadaqah (charity) extinguishes the Lord's anger and it protects against the evil death (Jami' at-Tirmidhi 664)

Sadaqah extinguishes sins just as water extinguishes fire (Jami' at-Tirmidhi 614)

Those who spend their wealth [in our Creator's way] by night and by day, secretly and publicly - they will have their reward with their Lord. And no fear will there be concerning them, nor will they grieve.

Surah Al-Baqarah 2:274