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Monday, June 1, 2020

Broke Businessman, Indifferent Wife

Image courtesy of www.parisfinancial.com.au

Several types of people dominate the so-called elite in modern times. The first includes families who are born with money and a reputable name. The second includes people who have just made their billions and attempt to use their money to give credence to the name. The third comprises families with elite names but no longer have the money to sustain a high-end lifestyle. The first group can be snobbish and refuse to consider the second type into their circle. After all, the names of the first group have been in the social circles for many decades and have been in the society pages since the time newspapers began. The third group is silently ostracized and subject to gossip about how the once powerful suddenly dropped from the pedestal.

Money is exhaustible, but the name and face have to be kept upfront. One day, Business Personality (BP) realized that he was broke. BP comes from a wealthy family whose name is well-known in the social circles. Although BP keeps a low profile, he is known in showbiz circles as well. Allegedly, BP lost most of his money in supporting a candidate who lost in the last election. While BP was confident that he sided with a winning candidate, the ballots said otherwise.

The money BP invested in the losing campaign was not all his. He apparently borrowed from other investors and now, these people are running after him for payment. Rumors even indicate that these creditors might come out in public if they are not paid soon. If that incident were to happen, BP and his family would be subjected to an unwanted scandal.

Meanwhile, His Wife (HW) seems oblivious at reality, as she continues to spend like there is no tomorrow. Credit card dues have allegedly reached seven-digit figures. HW came from humble beginnings and she knows what it means to be poor. Incidentally, their home is a rented residence somewhere in a high-end location and with money troubles, BP’s overseas relations had to pay for the rent. Their family reputation is at stake and thus, BP needs all the help he could get at this point.

‘Why is face so important? Face represents one’s self-esteem, reputation, status, and dignity. Face is social currency.’ ― Maya Hu-Chan

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