I used to have a boyfriend many years ago who over spent all the time. He was the type of person who could take you down if you let him. Luckily he only dooped me once. I leaned my lesson with him and money. He had lots of diamond rings. Men's rings and they looked expensive but he was always pawning them for money. I kid you not. As soon as he got them out, in, they would go again. Nuts! I wonder why he never got a payday advance. It seemed that that would have been a better choice for him.
It would have been easy. All he had to do was apply with simple forms, wait on confirmation and then collect his money and use it for whatever. He was obviously not on a good budget. He spent on "things" all the time. Too many for me. He dressed better than I did and had more shoes than me. A payday loan for him would have been the most cost-effective way of borrowing short-term money and bridging the gap until he get paid. Instead of pawning and re pawning those rings, he could have just paid the interest on the loan and carried it over till the next month. It would have been quick and easy and would not affect his credit in any way.
He is gone. Thank god. He was not financially stable. I wonder if he ever got stable. You know some people are not good with money.
You can chase a butterfly all over the field and never catch it. But if you sit quietly in the grass it will come and sit on your shoulder.