Live it up informal
To enjoy oneself in an extravagant way
He is living it up after winning the champion.
In her twenties, she lived it up and never saved a dime.
Life is not always about joy and pleasure.
To find enjoyment in someone or something.
The verb “live” should be conjugated according to its tense.
save as much money as possible
My mother's birthday is coming soon, I have to pinch pennies to buy her a special gift.