To avoid those effects, we shouldn't bet with big amounts each time we gamble. Never take a loan even the smallest one if we intend to use it to gamble. The last one is to gamble only on our spare time. If we are able to do all of those things then we won't get depression, broken family and Insufficient funds caused by gambling.
Agree. The negative effects of gambling could be mitigated if you simply do the right thing. It's always necessary to never spend more than what you can't afford to lose, as it could impact your financial life in a bad way within the future. To play safe, just bet with small amounts and quickly cash out whenever you get some profit. Otherwise, you'll keep betting until you're left with nothing at your disposal.
The effects of gambling are more negative than positive, IMO. However. for gamblers, they don't care about this if they're able to make money (or have the ambition of doing so) when placing their bets on a gambling game. Therefore, while the public believes that gambling does more harm than good to your financial life, that's not the case for gamblers. Just my thoughts
