Gambling Disorder: Family Impact
Protect Your Family's Finances
The holidays are approaching. Financial issues are often part of the holiday, creating stress and unhealthy family situations. Psychology Today shares some information to help. Being aware that gambling addiction is an often overlooked and a less commonplace addiction, it can ruin a relationship and break apart a family like many addictive behaviors. Here is some important information to process as the family considers the situation and if gambling is a family issue. Consider:
- Gambling addiction can destroy a family. The addict will consume any and all resources, from retirement to children's 529 accounts.
- Protect yourself from the fallout by reviewing account statements and tax returns, and documenting the problem.
- Options for further protection include post-nuptial agreement and divorce.
Lisa Zeiderman Esq., Psychology Today, states the following: “Not only can a gambling addiction break the trust and bond of a couple, but it can destroy the family's finances. A study reported by the North American Foundation for Gambling Addiction Help suggested more than 10 million people in the U.S. have a gambling problem.”
For more information go to: When Your Partner Has a Gambling Addiction | Psychology Today.
The Family Impact
As we see more people come forward with a compulsive gambling issue, we know gambling doesn’t just affect the gambler. The extensive consequences involve the lives of spouses, children, friends, extended family, employers and co-workers. However, the hardest hit is the immediate family. Persons with a gambling disorder often feel their issue affects only them and their life, making it seem okay since they believe there are no gambling effects on the family. Families suffer with more than the material issues. The rates of divorce, domestic violence, child abuse and neglect are much higher in families where one or both adults have a gambling disorder.
The chaos created by the family gambling disorder generates the possibility for emotional, psychological, social, financial, and possibly legal issues that challenge a family or partner. Often, families are unsure how to help and tend to go into protective approach immediately. However, in the attempt to protect, sometimes it does more harm than good for all. To learn more about the impact of gambling on families and strategies for a family recovery, visit: Gambling's impact on families - Focus on the Family and 4 Negative Gambling Effects on Family & How to Deal With It (marriage.com)