Should you lend money to a gambler?

Should you lend money to a gambler?

Don’t offer to give or loan money The experts say “no.” This may sound uncaring, but it’s really the only thing you can do so that the gambler will experience the consequences of his or her gambling. However, you can still make it clear that you will stand by the gambler and be there to support him or her.

Is it good to lend your boyfriend money?

“Lending money, especially to a significant other, can jeopardize your relationship,” Chelsea Hudson, personal finance expert at TopCashback.com, tells Bustle. “Even if you love and trust your partner, loaning money can lead to further issues, such as resentment, tension, and additional debt.”

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How does gambling addiction affect relationships?

How Does Problem Gambling Affect Individuals, Couples and Families? Finally, dealing with the secrecy and shame of gambling problems can increase familial stress and isolate the gambler and family from outside support. Depression, anxiety and substance abuse are often associated with serious gambling issues.

What can I do if my partner has a gambling problem?

Finally, tell your partner to get support from a gambling awareness charity such as Gamcare. They also offer confidential support and advice for family and friends of those with gambling problems. You can contact them online or by phone on 0808 8020 133 every day 8am to midnight.

What happens if you don’t seek help for your gambling addiction?

If they don’t seek help with their addiction, there’s a high chance they may fall back into gambling, which could make their debt problem worse. Citizens Advice has recently joined forces with GambleAware to offer support to gamblers who are also dealing with a debt problem.

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What happens if you ignore a friend with a gambling problem?

If you have a family member or a friend with a gambling problem – and you ignore it – you’re making a risky bet. Particularly if that person is heavily involved in your life, since his or her financial problems could more easily become your own. Gambling, as you likely know, is often treated as a brain disease by doctors.

Where can I get help with my gambling debt?

Citizens Advice has recently joined forces with GambleAware to offer support to gamblers who are also dealing with a debt problem. At StepChange Debt Charity we also offer free and confidential debt advice over the telephone and online.