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Meaning of 'A fool and his money are soon parted'

What does the saying 'A fool and his money are soon parted' mean?

Idiom: A fool and his money are soon parted

Meaning:

This idiom means that people who aren't careful with their money spend it quickly. 'A fool and his money are easily parted' is an alternative form of the idiom.
Country: International English | Subject Area: Money | Usage Type: Both or All Words Used
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