be an idler and spendthrift
1dissipate — I. v. a. 1. Disperse, dispel, scatter, drive away. 2. Waste, squander, lavish, consume, spend lavishly, throw away. II. v. n. 1. Vanish, disappear, scatter, disperse. 2. Live dissolutely, be dissolute, practise debauchery, indulge in dissipation …
2wastrel — Synonyms and related words: Arab, Bowery bum, bad lot, beach bum, beachcomber, beggar, beggarly fellow, big time spender, black sheep, blackguard, blighter, bo, budmash, bum, bummer, caitiff, castaway, castoff, derelict, devil, discard,… …