Which action would be considered "squandering"?

The action that would be considered "squandering" is spending resources extravagantly. This term refers to the imprudent and wasteful use of resources, especially money, without regard for future consequences. When someone squanders their resources, they are essentially failing to manage them wisely, often resulting in a depletion of funds or assets that could have been utilized more effectively. This contrasts sharply with actions like saving money for future use, investing wisely, or budgeting expenses carefully, which all involve making thoughtful decisions to preserve or grow one’s financial resources. These latter options demonstrate responsible financial management, while extravagance implies a lack of restraint, leading to potential financial instability.