Sahih Al Bukhari Hadith Number 2408

Narrated Al-Mughira bin Shu`ba: The Prophet (peace be upon him) said, “Allah has forbidden for you, (1) to be undutiful to your mothers, (2) to bury your daughters alive, (3) to not to pay the rights of the others (e.g. charity, etc.) and (4) to beg of men (begging). And Allah has hated for you (1) vain, useless talk, or that you talk too much about others, (2) to ask too many questions, (in disputed religious matters) and (3) to waste the wealth (by extravagance).

43  Loans, Payment of Loans, Freezing of Property, Bankruptcy
Hadith number 2408
Volume no 3
Chapter: 19 (Wasting money)