What is the meaning of [It’s better to give than to receive]

The proverb ‘It’s better to give than to receive’ has a straightforward literal meaning which needs no further explanation.

‘It’s better to give than to receive’ is from the Bible, Acts 20:35 (King James Version):

I have shewed you all things, how that so labouring ye ought to support the weak, and to remember the words of the Lord Jesus, how he said, It is more blessed to give than to receive.