For not only are spiritual riches and heavenly gifts received from God, but earthly and material possessions also proceed from His bounty, that He may be justified in requiring an account of those things which He has not so much put in our possession, as committed to our stewardship. God’s gifts, therefore, we must use properly and wisely, lest the material for good work should become an occasion for sin.
The roof of any house stands upon the foundations and the rest of the structure. The foundations themselves are laid in order to carry the roof. This is both useful and necessary, for the roof cannot stand without the foundations and the foundations are absolutely useless without the roof-- no help to any living creature. In the same way the grace of God is preserved by the practice of the commandments, and the observance of these commandments is laid down like foundations through the gift of God. The grace of the Spirit cannot remain with us without the practice of the commandments, but the practice of the commandments is of no help or advantage to us without the grace of God.
When you are generous to another person, you are not bestowing a gift, but repaying a debt. Everything you possess materially comes from God, who created all things. And every spiritual and moral virtue you possess is through divine grace. Thus you owe everything to God. More than that, God has given you his Son, to show you how to live: how to use your material possessions, and how to grow in moral and spiritual virtue. We may say that your material and spiritual possession cost God nothing; God created the universe in order to express His glory. But the gift of his Son was supremely costly, because His Son suffered and died for our sakes. The agony of Christ on the cross is the measure of how much God loves us. For this reason we should take none of our gifts-- material or spiritual --for granted; day by day we should give thanks to God for what He has bestowed on us. Once this spirit of gratitude infuses us, we shall see generosity for what it is. When we help someone in need, we shall be saved from any temptation to take pride in our actions. On the contrary, we will regard our act as no more than a small token of appreciation for all that we have received - or, more precisely, the repayment of a tiny fraction of God's blessings.
Almsgiving heals the soul's incensive power; fasting withers sensual desire; prayer purifies the intellect and prepares it for contemplation of created beings. For the Lord has given us commandments which correspond to the powers of the soul.
In answer to your question as to what constitutes a happy life, whether splendor, fame and wealth, or a quiet, peaceful, family life, I will say that I agree with the latter, but will add the following: A life lived in humility and with an irreproachable conscience brings peace, tranquility, and true happiness. But wealth, honor, glory and exalted position often serve as the cause of a multitude of sins, and such happiness is not one on which to rely.