The correct spelling of the phrase "wast the family" should be "waste the family." In IPA phonetic transcription, the word "waste" is pronounced as /weɪst/. The "w" is pronounced as /w/ as in "win," the "a" is pronounced as /eɪ/ as in "bay," the "s" is pronounced as /s/ as in "sit," the "t" is pronounced as /t/ as in "tip," and the "e" at the end is silent. The phrase means to harm or ruin the reputation of the entire family.