kāsh-ē’mē-ə
noun
A financial disorder identified by individuals who blow their money on possessions and spontaneous purchases of unnecessary items rather than pre-meditated spending, solid financial planning and building net worth.
A financial disorder seen in those who make a lot of cash in spurts, such as a commissioned sales job, and then spend it just as quick as it comes in, much like a bulimic ingests and then purges food.
Cashimics often spend outside of their means and rack up large amounts of debt, putting themselves on a path to financial ruin.
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