Like the sad old joke of the gambler down on his luck that is given some $. Instead of paying down his debt, he gambles it again hoping to win big again and pay it all off with some left over. Yet again, he loses.
sad old joke, indeed...my lifelong best friend's husband did precisely THIS, at a casino...she was still working, he retired long before and was doing all of this behind her back, with credit card debt, HELOC etc...they almost lost house and everything else, so she had to keep working much longer than she should have had to...AND he kept up same behavior until the day he died, on a smaller scale through lotto and scratch-off tickets...(sorry about the rant...)
Like the sad old joke of the gambler down on his luck that is given some $. Instead of paying down his debt, he gambles it again hoping to win big again and pay it all off with some left over. Yet again, he loses.
sad old joke, indeed...my lifelong best friend's husband did precisely THIS, at a casino...she was still working, he retired long before and was doing all of this behind her back, with credit card debt, HELOC etc...they almost lost house and everything else, so she had to keep working much longer than she should have had to...AND he kept up same behavior until the day he died, on a smaller scale through lotto and scratch-off tickets...(sorry about the rant...)