Being beggarly is bad (4)
I believe the answer is:
poor
This clue is a double definition.
'being beggarly' is the first definition.
(similar in meaning)
'is bad' is the second definition.
(similar in meaning)
(Other definitions for poor that I've seen before include "In want; below par" , "Penniless" , "'It's a . . . . heart that never rejoices'" , "Impecunious; wretched" , "Without means" .)