The Effect of Online Gambling on Personal Financial Management

[Suba]

We can access online gambling easily with all devices that support the internet, either through apps or websites. Even though many people consider online gambling to be just entertainment or fun that offers high profits, behind this the threats or risks of online gambling can significantly disrupt personal financial management. In fact, in my country there was a policewoman who shot her husband who was also a policeman. The policewoman was very annoyed that her husband's salary was always spent on online gambling.

 

[bluesky]

Gambling in any form, whether online or offline is a very bad habit. It will only ruin the family life.

 

[magnus2022]

Gambling is like any other business except that some people are carried away by greed and lack of discipline. Every business involves lose and profit! So therefore is gambling. Individual approach matters and will continue to determine success rate!

 

[Kera]

Gambling is bad for finances already. But online gambling makes it worse because you can spend impulsively without anyone noticing.

 

[Augusta]

it brings forth the risk of addiction and problem gambling. The accessibility of games 24/7 can lead to compulsive behavior

 

[eLdavis]

Online gambling can lead to a lot of things such as financial losses, or even mental breakdown if one is not careful.

 

[Augusta]

it can also lead to selling personal items, borrowing money, and reduced ability to meet daily expenses.

 

[Nomad]

I think gambling for fun and not playing with a big amount is ok, but if you gamble in a hope to make money, it will have a detrimental effect.

 

[King Belieal]

The thing is that online gambling gives absolute control to someone that is already struggling with gambling. They can run their gambling discretely online without much thoughts.