Gambling Doesn’t Help Finances and Family

It’s not always easy to have conversations about money with relatives, especially in this tense time. When a member of the family is involved, whose gambling is seen as problematic. The degree of tension and anxiety in the household might skyrocket. Gambling is intended as a form of amusement, not as a means to an end. If you, or a loved one, are worried about your gambling, there is help available.

Gambling Tips for Financial Security

• Discuss the dangers of gambling and its impact on the family budget with everyone. If necessary, discuss a family member’s gambling with them individually.
• If gambling is something your family has decided to do for fun. It’s important to establish ground rules about how often, how long, and how much money can be spent at a time.
• Don’t look to gaming to bring in more cash or fix your family’s financial woes.
• Find out what’s happening with the family’s finances. Talk about your financial history and credit reports. Establishing honesty will encourage communication and trust-building.
• If you can, sit down with the problem gambler and figure out a strategy to keep the gambling from destroying the family’s finances.
• Establish a recurrent time when family members can gather together to discuss money matters, including budgeting, bill paying, and other financial decisions.