Most of the time the gamblers never allocate the amount for other needs. This is the major problem. If the money is being allocated and with the rest he had played, it won't affect the personal life. Some used to spend their earnings on gambling and further they tend to take loans and spend for the life needs. Whatever the scenario, we should learn to live with what is available. Whether it is gambling, or our life needs. When we go for a loan without reason, then it is the beginning of our life destruction.
When gamblers do not allocate a certain amount of money for their needs and tend to take loans when they need money it is a big mistake. Because the necessities of life should be a priority and gambling is a side. When people put gambling as a priority and tend to put their needs aside, that is a mistake and this kind of thing should have been avoided if they understood the principles of financial management.
And I agree that taking a loan for no reason is a mistake. Someone should be able to play gambling and still make ends meet without going into debt if they understand how to manage their money.
Right and that is already a common knowledge because a normal human being is expected that we should put our priorities first before anything else, that doesn't necessarily includes gambling because we can still live and breath without having any of those for a couple of weeks but since some people cannot keep their hands out of casino, then I think it should be wise to keep their financials in line first and only take out an extra funds that they can afford to lose.
That's how it should be, prioritize the essential things before the leisure. If you know how to manage your finances, then it's easier to budget your money for what's important and for the less priority.
On the other side, it's not that bad to take a loan but think twice if it's worth it to loan just to spend in gambling since the returns are not guaranteed. If the loan will be use for urgent things, then it's fine as long as you're mindful to pay the money on time. But still, much better to refrain from borrowing if you're just running out of funds for your gambling activity since it is supposed to only use a spare money that you can live without.
Never ever in my life which i did make a loan just for the sake of gambling but rather i do make up some loans for it to be put up in business on which i would say that this is definitely worth rather than on making
yourself that giving out priority in speaking about leisure or entertainment thing.You would really be needing to repay those amounts in due time and its not something that wont really be that looking good because of those interest and if it keeps on piling up? Then this is where real and huge problem would exist or do happen in terms of finances. This is something that you should really be that thinking up carefully
on which trying out to balance on what are the things which is good and which is bad. You wont really be that so dumb on not to distinguish among the two.
Gamble on the amount which you can afford to lose, or on something that it do came from your extra money and not something came from those necessities budget or something that important or simply with
priorities. Its true that on the time that you had paid up all of those things or already bought then you do see some change with those spending then this is the time that you would considering on snipping
out some amounts for you to gamble on.