My Partner Has Compulsive Gambling: Signs, Symptoms, and How to Protect Your Finances
PODCAST: My Partner Has Compulsive Gambling – Signs, Symptoms, and How to Protect Your Finances
Karen’s former husband had been struggling with a gambling addiction for over 20 years. Lynne’s ex-husband’s gambling addiction pervaded the last seven years of their almost 20-year long marriage. Karen and Lynne share their stories of being married to people who developed gambling addictions, how that upended their finances and sense of self, and how they found help. They share insights about compulsive gambling and how to recognize it, what resources are available for assistance, and how to protect yourself and your family.
- According to national studies, as many as 10 million Americans struggle with compulsive gambling. Even more disturbing is the fact that older adults aren’t the only ones; in fact, one in 20 college students meet the criteria for compulsive gambling, which is double the rate of the overall adult population.
- Being divisive about shared resources actually helps partners of gambling addicts to financially isolate themselves from their partners’ gambling debts.
- Love and trust are two different things; you can love your partner and still not trust them with your finances. People often shy away from taking steps to protect themselves because they believe a lack of trust shows a lack of love.
- Symptoms of compulsive gambling include lying, manipulation, blaming, rationalization, and fantasizing. You cannot have a rational marital conversation about money with a compulsive gambler because they only care about getting money for the next bet.
Resources
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Email: stacy@francisfinancial.com
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