Fear of losing and wasting money is a good one, it will make you to spend or deposit money prudently, without a fear of losing your money you can go broke and can be in dept.
Oh, seriously? I didn't know the fear of losing and wasting money was good. I thought wasting money was too bad. Yeah, I know that if I do not have a fear of losing money, I can go broke and be in debt, but I didn't know that this was something good for me.

Either this is shit posting at its best, or you didn't understand what you wrote. I know my English is not good, so it could be confusing for me. But in this case, I think I understand well, and I think you should practice a lot and should improve your English. Or you might get tagged as a spammer or a shitposter.
Fear of losing money because of gambling, then it would be better for you to avoid gambling. But, if you “Don't FEAR” losing money then wasting money is something that becomes commonplace if you have a personality that doesn't care what you spend your money on.