Verb
throw money away (third-person singular simple present throws money away, present participle throwing money away, simple past threw money away, past participle thrown money away)
(idiomatic) To spend money foolishly or indiscriminately; to waste money without regard of the consequences.
The young boy liked to throw money away at the video arcade and candy store.
...the company must not throw money away on huge bonuses for executives or other frivolities but must share its fate with the workers. Akio Morita
I don't throw money away. First class tickets are very expensive. Why should I fly first class if I can fly business, which is the same thing? I would only fly first class if the ticket included access to some sort of special compartment that could save me if there was any crash. Silvio Santos
If you throw money away with your hands, you will seek it later with your feet. Italian Proverb