It was a nice Friday evening. The boys and I had all decided to go out for a couple of drinks, but just before we left the house, we had discussed the debt situation that one of us was in.
The friend of ours had taken a significant amount of money from a loan app, and unfortunately he couldn't pay it back on time, and the interest was making his life miserable. The money was a significant sum, and not one any of us had to give to him.
So we had given him two options. We either gave him the little we had so that he could pay back some loan, but if he doesn't pay off everything as quickly as possible; the interest on the money will make the whole amount we gave to him feel useless because he would be back where he started.
He either did that, or he goes for option two. Which was to take the little money we had and gamble with it. Hoping to win the exact money he needed to clear his loan.
After giving it some thought, he went for option two, to gamble. He was a risk taker and was more than ready to take that risk. So we sent him the money, and he gambled with it. It was on a football game that would play later that night.
Later that night, just as we all were about to leave home to go hang out, he had checked the game and realized that one of them wasn't exactly playing in his favor. He needed them to score three goals, but this was the 70th minute with no goals scored at all.
So he panicked and decided to cash out of the game. Doing this meant taking out less money than what he had used to play the game in the first place.
He cashed out the game and jumped into the car with us. The moment we got to the venue, he checked the game he had cashed out, and the score was 2:1. The same game that was goalless at the 70th minute had somehow done a miracle and scored the three goals my friend needed to win big.
Devastated by this event, he has decided to try again with the little money he had cashed out. But his mind wasn't in the right place; he was sad and distracted, so he ended up losing that too.
This was a few months ago. My friend is still in debt.
He was fated to loss. And I don't think it happened bad with him. Why he did take a loan that he can't pay. Can't he take help from family?
His family don't exactly have enough to give to anyone. They're all struggling to get daily bread.