capitalize on, cash in, conspicuous consumption, dissipation, extravagance, improve the occasion, incontinence, intemperance, lavishness, leaking purse, loose purse strings, make no provision, not be behindhand, overgenerosity, overgenerousness, overliberality, pound-foolishness, prodigality, profit by, profligacy, profuseness, profusion, put to advantage, reckless expenditure, reckless spending, seize the day, squandering, squandermania, take advantage of, turn to account, waste, wastefulness