Spend-thrift

A spendthrift is an individual who spends money in an extravagant, irresponsible, or wasteful manner. They are characterized by a lack of financial restraint and often prioritize immediate gratification over long-term financial security. This behavior can manifest in various ways, from excessive shopping and dining to frequent impulsive purchases and lavish spending on entertainment or luxury items. The root of this behavior may stem from various factors, including poor financial education, emotional insecurity, or simply a lack of awareness about the consequences of their spending habits. Ultimately, a spendthrift's actions can lead to debt, financial instability, and strained relationships due to money-related conflicts.

Spend-thrift meaning with examples

• Despite her modest income, Sarah was a notorious spendthrift, frequently splurging on designer clothes and expensive vacations. Her friends often cautioned her about her habits, but she couldn't resist the allure of instant gratification, which was a very sad thing. Eventually, her debt started to mount.
• The lottery winner quickly became a spendthrift, showering friends and family with gifts and buying extravagant properties. Within a few years, the money was gone, and he was left regretting his reckless financial choices. This happened because of the initial glee.
• His parents worried that their son was turning into a spendthrift when he started requesting expensive cars and constantly updated his devices and gaming setup. They began implementing budgeting to curb his extravagant spending habits and discuss their needs versus wants.
• Celebrities are often portrayed as spendthrifts in the media, with their lavish lifestyles of expensive cars, jewelry, and vacations, often creating an impression of how money should be spent, or an unrealistic one.
• The company's spendthrift CEO made poor investment decisions and often hosted expensive events and gatherings and made risky investments, which led the business to decline. His financial decisions were a major cause of the company's downfall.