Gambling the rent is paid

Judging by the television advert breaks, a lot of money is being lost to online gambling sites and a fortune in interest is being paid out to payday loan sharks. What other explanation can there be for the sequence from one to the other during endless TV advert breaks. 

The frequency of these TV adverts points to a lot of folk in financial trouble. 

Shelter has recently said they believe 70 per cent of families are struggling with rent.

So ask yourself the question, if you were someone in debt, who would you pay first?

Not paying off a payday loan would be prohibitively expensive. We've all read the 4000 percent interest footnotes in the small print at the bottom of the TV screen. You'd clearly want to pay them first.

A bank overdraft or credit card debt are  hefty on their interest and charges, plus not paying them would annihilate your future credit rating. So it would be shrewd to pay them off next.

Food - well you've got to eat.

So when would you pay the rent? Would you rob Peter to pay Paul? Or would you let Paul the landlord go without his rent? I mean, he seems a nice chap, what he going to do? - pull a face and threaten to evict you - he's too nice a guy.

Maybe you could offer him fifty quid as a part payment on the rent, to see if that will keep him happy for a week or two, or maybe you could try and win the full rent by a few spins of a virtual roulette wheel over on slippyslots.com.

Stay lucky!

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