A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?
I applaud your generosity, who told you he is not going to gamble with the $20 you gave him. That guy is obviously addicted and what he needs more is advise from you. gambling is high Risk, he can actually gamble with the last money he has, and luckily win. However you shouldn't be gambling up a point where you don't have money to take care of you upkeep, that's an error. Professional gamblers know when to stop, and that's what's makes you a healthy gambler. If you're gambling and consistently you've been losing, it's best to give yourself a break, the idea of using your last cash to gamble is too risky.