What are the opposite words for cheapskate?

The term "cheapskate" refers to someone who is stingy with their money or reluctant to spend it. The opposite of a cheapskate would be a person who is generous with their finances, such as a philanthropist or someone with a giving nature. Other antonyms for cheapskate include spendthrift, lavish, bountiful, and generous. These words represent individuals who are willing to invest in themselves, others, and their communities. While it's important to be mindful of spending and finances, being overly frugal can sometimes prevent one from living life to the fullest.