Waste what you've earned (6)
I believe the answer is:
desert
'waste' is the definition.
(a desert may be described as a wasteland)
I don't understand how the remainder of the clue works.
Can you help me to learn more?
(Other definitions for desert that I've seen before include "Abandon, desolate area" , "Sahara, Gobi, etc" , "Abandon in barren terrain" , "merit and a > quiet place" , "Sandy waste" .)