prodigal (adj) - recklessly wasteful or extravagant [prod-i-guhl]
BREAKDOWN: PRO- (forth) + IG- (drive) + -AL (relating to)
a prodigal is one who spends lavishly or squanders money
prodigality is wasteful extravagance or lavish generosity
“If time be of all things the most precious, wasting time must be the greatest prodigality.” —Benjamin Franklin