1442 - Narrated AbooHurayrah (may Allah be pleased with him): The Prophet ﷺ said, "Every morning, two angels come down from Heaven and one of them says, 'O Allah! Compensate every person who spends [in Your Cause],' and the other angel says, 'O Allah! Bring destruction to [the wealth of] every miser.' ".

Commentary : The treasures and bounties of Allah - May He be Glorified - never deplete. He has urged His servants to spend and offer goodness, and not to calculate or take into account the amount in what they spent [in charity], and has promised them with a recompense of blessing, and that they will be requited with a great reward for spending on His behalf.
In this hadeeth, the Prophet ﷺ urged for offering alms and spending on charitable causes and clarified the beautiful reward for [doing] that. And he ﷺ warned of the miser and withholding [one’s wealth] and shows its bad outcome. The Messenger of Allah ﷺ reports that every day when the servant awakes, until the Hour of the Resurrection; Allah sends down two venerable angels from the heavens. One of them supplicates for Allah to give back to the almsgiver who spends on charitable and righteous causes, in return for what he spent and gave. And the other angel will supplicate for Allah to give to the withholding miser the ruination of his wealth, or [to] destroy him and for his wealth to vanish. It is well-known that the supplications of the angels are answered; so, this is a promise of ease for the one who spends for charitable purposes, and a threat of difficulty for the miser who withholds and hoards his wealth.
It was said that: praiseworthy spending is what is put forward in acts of worship (zakat), and that which is spent on dependants, guests, and voluntary charity; and that it is done so out of kindness and comes from a wholesome and lawful earning. But the one who refrains from spending his wealth in that which is recommended in religion is not worthy of this supplication [i.e., the one offered by the first angel] since reprehensible greediness overcomes him, in such a matter that he will not be pleasant with taking out from his wealth the right [of others] which is incumbent upon him, even if he takes it out and offers it. Also, the supplication for the one who spends is general, in that Allah will compensate him for it in this world or in the Hereafter. As for the supplication which calls for ruin, it is possible that it means to destroys the source of the wealth, or the owner of the wealth himself. What is meant by it is that [his] righteous deeds will vanish due to being preoccupied with others [and his vain self-interests].
From the other benefits that we can conclude from this hadeeth is that it urges us to spend in what is mandatory, such as spending on one’s family, and maintaining good relations with kin and kith; and voluntary and obligatory contributions are included in this.
And lastly, it shows us that the miser who withholds [and hoards his money] deserves to have his wealth ruined..