Two people lost $900K in an NFT investment and now owe $100K in debt. They admit to emotional spending and have no repayment plan. Speaker A warns that without change, divorce is likely within five years.
I got really deep into NFTs. I went up to like $900,000 at some point.
$900,000? How much did it go down to?
Like nothing. Didn't recoup.
You mentioned that you have $100,000 of debt. What's the plan for this debt?
We don't have one. Why we're here feels like heavy. I'm a very emotional person. I lead with emotion, so I think sometimes I spend with emotion.
There's a lot of shame, you know. I'm 42. I shouldn't B, having to sit down and have this conversation. All the things that we say to ourselves, sometimes the story we tell ourselves is not necessarily reality.
You find yourself doing that a lot with money?
Yeah, until it's really bad.
If nothing changes in the next 5 years, what will happen?
We'll probably be divorced.
It feels hard. It feels like we've tried. I think we're stuck in a cycle that's not going to end until we end it.
