I'd leave it out completely. He's wasting his time and energy doing this.
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Grammar GeekI'd leave it out completely. He's wasting his time and energy doing this.Thanks, GG.
Grammar GeekIf I had to use one, I'd use "on." I don't know that there's a lot of difference though.Thanks, GG.
Grammar GeekI'd use "on" for "spending time" too.Thanks, GG.
Grammar GeekLet's go back to my original: I would use no preposition.
He spent three hours studying English. He's wasting time chasing that girls. I love spending time visiting museums.
I can only tell you that "George spent three hours in studying English" is not idiomatic American English. It may be BrE usage.
(I agree you spend money