Banking Bad: How I Ended Up ÂŁ250,000 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.

Om Podcasten

Understanding money is the key to financial wealth, and that's precisely where we come in.In this Lovie Award-winning podcast, we every financial topic under the sun, from picking stocks and paying off debt to financial bubbles and alternative investments. It’s all jargon and judgement free, and you’ll come away from every episode with tools to multiply your money and make it work for you.Every other week we answer your questions, so if you want to ask us anything drop us a DM on any of our platforms!Hosted by former private equity analyst, author of You’re Not Broke, You’re Pre-Rich, and Vestpod founder, Emilie Bellet.To bring your brand to life in this podcast, email podcast(at)vestpod.com Hosted on Acast. See acast.com/privacy for more information.