I think Gambling can be addictive, and individuals may find themselves spending more money than they can afford on gambling activities. This can lead to financial strain, including debt, borrowing from family and friends, and even bankruptcy in severe cases. Additionally, gambling addiction can also affect an individual's work performance, leading to job loss and income reduction
Does excessive gambling affects ones financial health ?
- Thread starter swift
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I completely agree with you. Excessive gambling can definitely have a significant impact on an individual's financial health. It's essential to recognize the signs of problem gambling and seek help if you or someone you know is struggling with gambling addiction. Seeking support through helplines, support groups, counseling, or treatment programs can aid in addressing the underlying issues contributing to the addiction and provide guidance on managing and overcoming the negative financial consequences. It's crucial to remember that help is available, and addressing the problem early can prevent further financial harm and improve overall well-being. If you or someone you know is experiencing challenges related to gambling, remember that support and resources are just a call or message away.
Yes, excessive gambling affects ones financial health negatively. For one, the end up in bad debt because they need more to gamble with. The borrowed money may be lost in a bet gone wrong and that puts them in jeopardy as they are unable to pay it back. So they take other loans to pay loan and get stuck in a rut of bad debt and financial instability.
