Noun- A person who wastes money on things that aren't necessary, not in a bad way; an item that costs a lot of dough, resulting in personal bankruptcy
Verb- To splurge for your own benefit.
"Ay, you just gotdem $200 Nikes?! Damn, Scrilla Killa."
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)