squandering

(noun) spending resources lavishly and wastefully. Example: "More wasteful than the squandering of time."

(verb) spend thoughtlessly; throw away. Synonyms: waste, blow, squander. Examples: "He wasted his inheritance on his insincere friends." "You squandered the opportunity to get and advanced degree."

(verb) spend extravagantly. Synonyms: consume, squander, waste, ware. Example: "Waste not, want not."