I see a lot of people here talking about gambling responsibly. Yes, that is something very true, but have you ever been a gambling addict?
To be honest in the past I have spent a lot of money gambling. What I mean here is that I spent all my savings on gambling. Maybe the nominal amount is not that big but it makes me feel like a gambling addict. I spent 5 months of my savings on gambling. Currently I am aware and am in the stage of improving my own financial condition. Have you ever felt like a gambling addict? and how much did you lose in gambling?
It is not good to use our hard-earned savings for gambling. You are tired and worked hard, and then we will just throw away the money from gambling. This is a big mistake that we will make in life, honestly.
Even if we think that when we win, it's a big deal, it will still be wrong because the basis of winning at the casino is just luck, and we know that. I hope that we give value to the effort and time that we have given to the savings that we have made. We should dedicate them to a good and meaningful reason to use them.
It is not good to use any money that isn't extra for gambling, and by extra, I mean money that isn't needed for anything and is left after everything is done. Let's suppose I earn $1,000 a month, $500 out of it goes to my household expenditures which includes grocery, bills, necessary shopping, and stuff, $200 of it goes to my savings that I do every month, $100 for personal expenditures for things that I buy, consume, or maybe gas for the vehicle, etc. Now, the remaining $200 is extra, now it's up to me about what I would want to use that money for, I can gamble with it or add it to my savings.
So, every gambler, big or small, needs to understand that the money they are using should only be extra and not from their savings or the money that they need for their monthly expenditures or it's money that they've borrowed from somewhere because if that money is lost, there is no way they can get it back.