Ariel's Gold Betting Frenzy!

Ariel had a great idea for a new business. She would bet on gold prices. At the start of each day, she would look at the news and make a prediction about where the price of gold would be by the end of the day. If she was right, she would keep the money; if she was wrong, she would pay out.

It was surprisingly easy to get started. All she needed was an account with a online betting site and enough money to cover her bets. She started with a small amount, just in case things didn't go well.

But things went well. Ariel was usually right about where the price of gold would go by the end of the day. In fact, after a few weeks of successful betting, she decided to increase her bets. She was making a lot of money and it seemed like there was no danger of losing her money.

Then one day everything changed. The price of gold plummeted and Ariel lost all her money. She was devastated. She had been so sure that she would win that she hadn't bothered to save any backup funds.

Ariel learned two lessons from her experience: always have backup funds saved up in case things go wrong and never bet more than you can afford to lose. Although it was disappointing to lose all her money, she is grateful that she only lost what she could afford to lose and not more.

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