Srimad Bhagavatam Canto 11, Chapter 23, Text 15

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SB 11.23.15

prayenarthah kadaryanam
 na sukhaya kadacana
iha catmopatapaya
 mrtasya narakaya ca
 
Translation: 
 
Generally, the wealth of misers never allows them any happiness. In this life it causes their self-torment, and when they die it sends them to hell.
 
Purport: 
 
A miser is afraid to spend his money even for obligatory religious and social duties. Offending God and people in general, he goes to hell.
Srimad Bhagavatam Canto 11, Chapter 23, Text 14
Srimad Bhagavatam Canto 11, Chapter 23, Text 16