Sannyasa, or renunciation of material household life, necessitates complete absorption in Krsna consciousness and immersion in the self. One does not take sannyasa, freedom from family responsibility in the renounced order of life, to make another family or to create an embarrassing transcendental fraud in the name of sannyasa. The sannyasi’s business is not to become proprietor of so many things and amass money from the innocent public.
Srila Prabhupada, SB 3.24.34, ppt