Frivolous spending refers to the act of purchasing items or services that are unnecessary or not essential to one's daily life. This type of spending often includes luxury items, impulse buys, or entertainment expenses that do not provide long-term value. People may engage in frivolous spending as a way to seek enjoyment or instant gratification. While occasional indulgence can be harmless, consistent frivolous spending can lead to financial difficulties. It may result in accumulating debt or depleting savings, making it harder to afford essential expenses like housing, food, or healthcare. Being mindful of spending habits can help individuals maintain better financial health.