I've racked up a sizable debt from gambling the past several years. Is it just me or is it so much harder to stop when you know you've got a large debt to pay off.
I think its easier to stop when u've lost (for example) 50k in savings but you've got no debts to pay than to lose 20k but be in debt. I want a fresh start but then I look at my bank balance and go....NO, I will only get a fresh start when I pay off my debts.
I know its going to take me several years to pay off and I always think the only way to escape this situation is to to gamble more. I'm stuck in my job right now and there's no way to get out. Its like as if im trapped, trapped in an imaginary jail right now.
- Clueless To Actual Debt Balance For some people, it's the choice to live in debt isn't even a conscious one. Many debtors don't know the exact amount they owe. So it's easy to imagine they're equally unsure about the monthly interest rates they're paying, and how their payments affect the overall trajectory of their debt.
- I've racked up a sizable debt from gambling the past several years. Is it just me or is it so much harder to stop when you know you've got a large debt to pay off. I think its easier to stop when u've lost (for example) 50k in savings but you've got no debts to pay than to lose 20k but be in debt.
The Glazers refinanced this debt in 2010 by issuing a series of bonds with two main tranches. The first tranche, worth about £250 million, paid interest around 8.75%. The first tranche, worth. The Gambling Commission estimated that more than 100,000 students are in debt due to their habit, with one in four of those indebted beyond £10,000. Stopping gambling is more difficult than it.
Is anyone experiencing the same thing as I am? Where u find it harder to stop because you are in debt?
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