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1.
Just another way to say "Shits and Giggles" but Shits and Kicks flows off the tongue better. It still means the same thing, just for the hell of it.
Person A: "Why did they send me a check for 5 cents?"

Person B: "Ehh, just for Shits and Kicks."
by Amanda aka Mrs. Sneaky Butcher November 18, 2010