Does possession of wealth and children divert people from giving in charity (sadaqah) and being righteous!

 

Verses 9-11 of Chapter 63

O you who have believed, let not your possessions and your children distract you from the remembrance of Allah." Those who do so shall indeed be the losers. Spend from the provisions that We have given you before death should come to any of you and then he should say, "O my Lord, why did You not reprieve me awhile that I should have given in charity and become of the righteous?" But Allah does not at all reprieve a person when his term comes to an end, and Allah is well aware of what you do.

Verses 1-8 of Chapter 102
Your craze for more and more and mutual rivalry for worldly gains has made you heedless, until you reach the graves. By no means! Soon you shall know! Again (note it well) by no means! Soon you shall know. Nay! Had you known with certainty of knowledge. You shall certainly see Hell. Again (note it well that) you shall most certainly see it. Then, on that Day, you shall certainly be called to account for the blessings and comforts of life.