A spendthrift is a wastrel is a profligate. Reckless spending seems to be a frequent everyday occurrence for the spendthrift. Not mindful of spending money, the wastrel will make purchases of unnecessary and unneeded items. Not conscious of the value of the food dollar, the profligate will usually dine outside the home.
The reckless spending of a spendthrift almost always results in financial difficulties that can be very stressful and emotionally draining at times.
If you are a spendthrift and would like to seek a cure, I have three web pages I recommend you read (just click on the hyper-linked title):
How to Stop Living Beyond Your Means
How to Stop Spending Money, Help for Habitual Shoppers
Seven Ways to Stop Living Beyond Your Means
Hey — What’s that you say? Oh, you remember the entry “Money burns a hole in my pocket” that I made on December 14, 2009 in Roland’s Ramblings. Oh, oh!
For an expanded version of my commentary on this topic, click over to Roland Hansen Commentary: Spendthrifts Live Beyond Their Means.