Why stinginess must be avoided?

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SHAFAQNA – 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.

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