How can a wealthy Muslim effectively support family, friends, non-believers, and strangers facing financial difficulties while maintaining a balanced approach?
Supporting needy relatives is very important and it come before supporting other needy friends or strangers. The Hadeeth states: There is no charity (on people) when your own relative is in need. لا صدقة وذو رحم محتاج.
After being sure that your own relatives are not in need, you can help your needy friends and others.
Wassalam.