WOIC is the acronym for "Wasting Our Inheritance Carelessly", a term used to describe individuals who squander their wealth instead of using it wisely. Synonyms for WOIC include prodigal, spendthrift, dissolute, and profligate. These words embody individuals who irresponsibly exhaust their resources, often living beyond their means. Prodigals exhibit extravagant and reckless spending habits, while spendthrifts are known for their habit of squandering money without thought or consideration. Dissolute individuals lead a life of excess, indulging in luxurious and extravagant pursuits without regard for financial consequences. Profligates, on the other hand, are those who waste their inheritance in a reckless and thoughtless manner.