Here's the breakdown:
* "Wad": In the early 1900s, "wad" was slang for a bundle of banknotes, often tied together. Think of a wad of cash.
* "Blow": This verb means to spend quickly and recklessly.
* Putting it together: "Blow your wad" came to mean to spend all your money, often in a foolish or impulsive manner.
It's worth noting that the term "wad" is still used in some contexts to refer to a large amount of money, though its use is less common than it once was.
The idiom "blow your wad" reflects the idea that money can be easily spent, and that if you're not careful, you could quickly lose it all. It's a warning against impulsive spending and a reminder to be mindful of your finances.