Wasting, yet you acknowledged it is what they really want.
Wasting would also be using it on a more expensive car, a gym membership, new clothes, any and all makeup/cologne, toys for kids or really anything.
You can run outside, do body weight based training stretch your old clothes longer, kids can play with sticks/rocks/pine cones.
So what we should really do is take everyone's money away so they don't spend it unwisely, and just divy it out when needed. We'll put a small roof over their head with enough substance to ensure they don't get sick and then send them off to work so we can ensure their futures are what we want them.
They don't need freedoms, they need to do things as we want them, otherwise they are unwise for having wants of their own.