I would like to know the meaning of the next sentence.
You might as well enjoy your money while you’ve got it.
It's not the money you should enjoy - it's what it can buy that you should enjoy. It's actually advising you to get rid of the money by exchanging it for pleasurable goods and services.
If taken literally, you can enjoy your money by looking at your bank account every day and thinking how lucky you are not being poor. But I'm pretty sure that's not what it means.
I think I agree with Ray, it means "spend your money and have fun, don't sit on it and die bored with a large balance left over."
Yes true there some squrrels who belong to that category of penny pinchers and cheapskates
I believe the main part of the question here is the phrase "might as well", which means, "it's a good idea", "should", "why not do it?", or "let's do it?".
We might as well go to lunch. It's 12:00.
We might as well get going now.
You might as well enjoy your money while you’ve got it. - You should enjoy your money. It's a good idea to spend your money and enjoy it.