Vaisnavas do not require to practice any yogic power to become materially powerful. He doesn’t require. Simply his surrender to Krsna makes him all-powerful. This is the position of Vaisnava. Vaisnavas do not care for all these yogic powers. They depend on Krsna. Krsna is the yogesvara, all, master. Yatra yogesvarah krsnah [Bg 18.78]. So if one takes shelter of the Yogesvara, the master of all mystic power, why he should bother about this yogic power? A poor man may try to earn money by hard labor, but one who is a very, very rich man’s son, why should he labor? The father’s money is sufficient. Similarly, a devotee, a sincere devotee is under the protection of Krsna. And under the protection of Krsna means under the protection of all six kinds of opulences: riches, then strength, then reputation, wisdom, renunciation, beauty — the six kinds of opulence.

From Srila Prabhupada’s lecture on Srimad-Bhagavatam 1.5.23 — Vrndavana, August 4, 1974