Correct

挥金如土

/ huī jīn rú tǔ / 
Strokes

Definition

lit. to squander money like dirt (idiom)/fig. to spend money like water/extravagant

Example

Definition

throw money about like dirt; spend money like dirt/water; be lavish with one's money

1
Zài
在
xuéxiào
学校
lǐ
里
  
,
tā
他
xuéhuì
学会
le
了
huījīnrútǔ
挥金如土
  
,
biède
别的
què
却
méiyǒu
没有
xué
学
dào
到
shénme
什么
  
。

At college, he's learned the ways of a spendthrift, if not much else.