burn a hole in (one's) pocket

burn a hole in (one's) pocket

A phrase usually applied to money, suggesting that the person with the money feels the need to spend it quickly. My allowance is burning a hole in my pocket! I can't wait until school is over, so I can go buy some baseball cards! Don't let that bonus burn a hole in your pocket—save it up for something you really want.See also: burn, hole, pocket