The act of wasting money, resources, or opportunities carelessly or foolishly; spending wastefully.
From 'squander,' possibly from Dutch or German origin, first appearing in English in the 1590s. The exact source is uncertain, but it carries a sense of scattering or dissipating.
Squandering is so culturally significant that lottery winners often become case studies in it—studies show that about 70% of lottery winners spend all their money within a few years, revealing how suddenly getting wealth without earning it leads to poor decisions.
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