👉 Profligacy is a moral and ethical concept that refers to an excessive or excessive spending on non-essential goods, services, or activities. It involves the accumulation of wealth or possessions without contributing to one's community or society. In other words, profligacy is a behavior where individuals spend more than they earn, often in ways that are not aligned with their moral obligations or values. Profligacy can be seen as an act of greed, selfishness, or neglect for one