Srimad-Bhagavatam: Canto 11 - Chapter 1 - Verse 15

Sanskrit:

प्रायेणार्था: कदर्याणां न सुखाय कदाचन ।इह चात्मोपतापाय मृतस्य नरकाय च ॥ १५ ॥

ITRANS:

prāyeṇārthāḥ kadaryāṇāṁna sukhāya kadācanaiha cātmopatāpāyamṛtasya narakāya 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.