squandermania
π Definitions
noun
The practice of spending money recklessly.
π¬ Usage Examples
βPeople are spending less, saving more and reining in the excessive consumerism that made us the most debt-ridden nation on earth. This forced quit from squandermania may be painful now, but it should benefit us in the long run.β Paul Routledge; Our Debt of Thanks to Arch Enemies of Greed; The Daily Mirror (London, UK); Sep 26, 2008.