via Reddit:
Well here it goes.
About a year ago I dumped about 5k into a company that I may or may not have had private knowledge of. I thought I was so smart, turns out that less than a month later all my shares are worthless because the company filed for bankruptcy.
Fast forward a couple months and my position was eliminated and I have been searching for jobs but been unemployed ever since. That 5k was a big chunk of my savings and with being unemployed and having bills to pay I quickly ran out of cash. I racked up about 12,000 in credit card debt and needed money fast.
So naturally, I started gambling. I gambled by using this same credit card on some sketchy online casino, I didn’t deposit much at once, usually only $100 or so, but man I realized I had a gambling addiction once I spent over 4k on this site. I was making the money back but then I was chasing my losses and lost it all.
Then autopay resumed on my card and tried to charge my entire balance which I didn’t have and Amex canceled my card. I was still making my monthly payments before that.
So now I’m 16k in debt on this card, 3k on another, and have about $100 to my name. I sold my computers and guns and anything worth money but now I don’t know how I am going to pay my bills this month.
Guys, please be careful, be honest with yourselves, casino gambling and options gambling are both just as dangerous. You have to limit yourself or else you are a few bad days away from being like me.
I don’t know what I’m gonna do anymore but I thought I’d leave a warning for other degenerate gamblers like me.