Gadit

spendthrift

Definitions
1nounA person who spends money in an extravagant, irresponsible way.
Despite earning a good salary, he's a notorious spendthrift and often finds himself in debt.
She was a spendthrift in her youth, buying designer clothes and dining at expensive restaurants.
His spendthrift habits left him with little savings for the future.
Word Origin
Language
English
Word parts
spend (to use money) + thrift (savings, prosperity)
Originally meant
one who uses up their savings
Background
The term 'spendthrift' originally referred to someone who wasted their savings or wealth. It combines 'spend', meaning to use up, with 'thrift', which historically meant savings or prosperity.