Re: The psychology of betting.....

Asking someone to hold your money is a sign if you're have a bad money management and they should teach you instead of agree to hold your money.

I think the average gambler or man has bad financial management, I experienced that being a wasteful person and could never manage my finances. I once a few years ago my savings ran out due to gambling, but now my wife is assisting me to manage my finances because I entrusted her with it, so I can be more organized now to gamble even with small bets.

I think there's nothing wrong with entrusting someone or one of our families, be it our wife or mother, to manage finances so that they don't run out easily because of gambling or waste in financial management. I admit honestly that indeed I have bad financial management Cheesy

Man, I'll tell you, entrusting your money with your wife is not wrong and never was. What's wrong is, when you're not sharing your money with your wife. I mean you two have conjugal property, what you earned is also her property. Women who don't have day jobs and a full time mom usually has a very good financial management. So these wives are most probably going to help you control your unwanted spendings in gambling. Therefore, there is absolutely nothing wrong with it. Also, if you're married I don't think entrusting your money to your parents is necessary. Not sure about your culture, but in my country that's definitely a big insult to your wife, except for a wife who has bad financial management, usually these are the kind of wives who would also like to gamble.

And even more wrong if he did not entrust his money to his wife but instead used it for gambling. It was a fatal mistake and he should immediately change his habit or stop gambling. If he can entrust his money to his wife, he will find that she will try to use the money from him to support the needs of the family and she may also prefer to save the remaining money so they have money for urgent needs. Usually, women are more adept at managing family finances so that the money we give will be enough to meet our family's needs. So if you are married, it is better to entrust money to your wife and spend less time gambling because family is everything to you.

I guess this is a case to case basis. It's not really about gender roles. This is all about discipline.

If you are responsible and disciplined enough, then there's no need for someone else to manage and budget your money for you because you can do it yourself. If you know how to prioritize your needs and wants in a proper manner, you will have lesser troubles. Comparing to those who lack self-control and lack of financial literacy, you'll be in the advantage side because you know how to limit yourself - when to stop and continue gambling. With this, the outcome will be so much better too. You won't need to be bothered by excessive gambling habits because you have a healthy habit to begin with. In line with this, you won't get addicted and you won't spend too much money and too much time gambling that could compromise your well-being and the time you spend with your family.

Whether you are a husband or a wife, always remember to be disciplined and responsible especially when it comes to money matters.