I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.
The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.
The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.
He manage to wager a whooping 825M $ in just a single year when he lose that 127M.
Source:
https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/This isn't an uncommon story this happens all the time. Problem is when people get a lot of money but aren't used to having that much they don't know the perils of how easy it is to lose. By the time you figure out you shoukd stop you are in full addiction mode. It's sad to see honestly because of how hard it is to get that money in the first place.
Money shouldn't be wasted regardless of how hard or easy the person gets it. If at all the person needs to waste money, it should be channelled to the right and honourable courses, after all, it will be productive that way. That's by the way. What is causing people to lose so much in gambling are many, so it can't be blamed easily on anything unless such a specific case is investigated, and we should not always be blaming it on the excess they have or the easiness of getting the money, it is not everyone who are victims of gambling got the money easily or have them in excess.
Some people would have had their life savings for decades and wasted it on gambling, while others may have a little money but wasted it on gambling, what can we call that? Well, it is complicated most times, but it still centres on emotions. Whether it's caused by fear, greed, depression, hobby, boredom or whatever we name it, they are still all about our psychology. This is why we should train our psychology for the unforeseen even if we are still not engaging in them yet.
"A prepared mind is an armed mind."