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Discover LudwigThe phrase "squandering of" is a correct and usable part of a sentence in written English, and it can be used in various contexts
It is often used to describe the reckless or wasteful use of resources, time, or opportunities. Example: The company's downfall was a result of the CEO's constant squandering of their profits on unnecessary luxurious expenses.
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It feels like a squandering of her power.
In polling places, people demanded an end to the "squandering" of public funds.
The sheer waste is bad enough, a mindless squandering of calories, nutrition, energy and water.
The squandering of talent, career and money were all of a piece.
What a squandering of its position as a late-stage threat to the Red Sox' perch.
THE SQUANDERING OF AMERICA: How the Failure of Our Politics Undermines Our Prosperity, by Robert Kuttner.
But his Tristan amounts to a feverish squandering of elite operatic resources.
Perhaps the saddest aspect of this is the squandering of resources and goodwill.
So TalkTalkTV's tactic wouldn't look like such a squandering of budget.
(Mr. James's youthful squandering of such opportunities is one of the themes of "Unreliable Memoirs").
Millions of British will pay a higher price – the needless squandering of their lives.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com