spendthrifts
People wasting money
Spendthrifts are people who spend money wastefully or extravagantly.
The word combines spend with thrift in an ironic way—a spendthrift doesn't save; they burn through resources: The lottery winner proved a spendthrift, broke again within two years.
The singular spendthrift also works as an adjective: spendthrift habits, spendthrift ways.
Those who waste lavishly
- wastrelsHabitual reckless spenders
- profligatesRecklessly extravagant people
- big spendersThose who spend freely
- splurgersExtravagant buyers
overspenders · impulse buyers · shopaholics · blowers · frittering · prodigals · high rollers · burners
Money owed another
- bankruptcyLegal status when insolvent
- credit cardsBorrowed-money payment tools
- overdraftSpending past zero
- loansBorrowed money arrangements
insolvency · maxed out · living beyond means · broke · negative balance · interest payments · collection agencies · financial ruin
Lack of foresight
- irresponsibilityFailure to meet obligations
- wastefulnessCareless use of resources
- foolishnessUnwise conduct
- recklessnessCareless disregard for danger
shortsightedness · imprudence · prodigal son · vice · dissolution · self-indulgence · poor judgment · heedlessness
Costly non-essential purchases
- designer labelsLuxury clothing makers' names
- extravaganceExcessive, wasteful spending
- opulenceShowy, abundant prosperity
- indulgenceYielding to desire
shopping sprees · fine dining · mansions · yachts · jewelry · status symbols · brand names · conspicuous consumption
squanderers
Those who waste lavishly
- wastrelsHabitual reckless spenders
- profligatesRecklessly extravagant people
- big spendersThose who spend freely
splurgers · overspenders · impulse buyers · shopaholics · blowers · frittering · prodigals · high rollers · burners · spenders
debt
Money owed another
- bankruptcyLegal status when insolvent
- credit cardsBorrowed-money payment tools
- overdraftSpending past zero
loans · insolvency · maxed out · living beyond means · broke · negative balance · interest payments · collection agencies · financial ruin · red ink
improvidence
Lack of foresight
- irresponsibilityFailure to meet obligations
- wastefulnessCareless use of resources
- foolishnessUnwise conduct
recklessness · shortsightedness · imprudence · prodigal son · vice · dissolution · self-indulgence · poor judgment · heedlessness · carelessness
luxury goods
Costly non-essential purchases
- designer labelsLuxury clothing makers' names
- extravaganceExcessive, wasteful spending
- opulenceShowy, abundant prosperity
indulgence · shopping sprees · fine dining · mansions · yachts · jewelry · status symbols · brand names · conspicuous consumption · excess
spendthriftssavers
Those who accumulate resources
misers · penny-pinchers · tightwads · skinflints · cheapskates