In what way is a spendthrift selfish?
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They like having it more than spending it. When they have to spend on something, they hence are more likely to go out of their way to save a little. Spendthrifts are the opposite of misers.
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Spendthrift means "Spendthrift" derives from an obsolete sense of the word "thrift" to mean prosperity rather than frugality, so a "spendthrift" is one who has spent their prosperity.
They like having it more than spending it. When they have to spend on something, they hence are more likely to go out of their way to save a little. Spendthrifts are the opposite of misers.
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