If you add fields to the table, they will automatically be included in all your queries where you use select *. This may seem convenient, but it will make your application slower as you are fetching more data than you need, and it will actually crash your application at some point.
There is a limit for how much data you can fetch in each row of a result. If you add fields to your tables so that a result ends up being over that limit, you get an error message when you try to run the query.
This is the kind of errors that are hard to find. You make a change in one place, and it blows up in some other place that doesn't actually use the new data at all. It may even be a less frequently used query so that it takes a while before someone uses it, which makes it even harder to connect the error to the change.
If you specify which fields you want in the result, you are safe from this kind of overhead overflow.
If you really want every column, I haven't seen a performance difference between select (*) and naming the columns. The driver to name the columns might be simply to be explicit about what columns you expect to see in your code.
Often though, you don't want every column and the select(*) can result in unnecessary work for the database server and unnecessary information having to be passed over the network. It's unlikely to cause a noticeable problem unless the system is heavily utilised or the network connectivity is slow.
