It is narrated from the Prophet of Islam (PBUH) who said: Avoid stinginess which destroyed your ancestors, stinginess made them lie, which they lied; it made them to oppress, and they oppressed; and made them to cut ties with their relatives, and they cut[1].
[1] Khesal, Sheikh Sadooq, Babal Thalathah, Hadith 234.
source : shafaqna