Banking Bad: How I Ended Up £250,000 in Debt

💸Welcome to Banking Bad - a podcast series featuring six true-crime stories from the world of money. Today, Emilie is speaking with Patrick Foster. Patrick had a promising career as a professional cricketer, until gambling came into the picture. He shares his journey from being a sports star to a compulsive gambler who ended up in £250,000 of debt, revealing how he got hooked on betting, lost his job and his friends, and how he tried to escape his addiction by moving to a different city and becoming a teacher.But even that was not enough to stop him from gambling online, taking out payday loans, and spiralling into despair. Patrick’s story is a cautionary tale of the dangers of gambling - and how to get out of what sometimes seems like a spiral of financial despair.This episode contains some sensitive topics (suicide), please listen with care.SPONSORThank you to our partner PensionBee: combine, contribute and withdraw online. Take control of your pension, so that you can enjoy a happy retirement and join 223,000 customers saving with PensionBee. https://www.pensionbee.com/vestpod  When investing, your capital is at risk. Investments can go down as well as up, and you may get back less than you invest.BANKING BAD ARTICLEVestpod: https://www.vestpod.com/news/the-wallet-podcast/the-gamble-that-backfired-how-i-ended-up-250000-in-debtCONNECT WITH VESTPODIf you want to read the main takeaways from the episodes, subscribe to our newsletter: https://www.vestpod.com/subscribeOr read on: https://www.vestpod.com/podcastInstagram: https://instagram.com/vestpodDISCLAIMERWe are not certified financial advisers! The articles and information made available on Vestpod are provided for information and educational purposes only and do not constitute financial advice. You are advised to consult with an independent financial advisor for advice on your specific circumstances. Hosted on Acast. See acast.com/privacy for more information.