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Credit and casino gambling

Established Contributor

Re: Credit and casino gambling


drkaje wrote:

Since no one stated the obvious: OP should stop gambling, too.


You're right. I should stop. Or at least not encourage it.

I have never gambled on my own. If I'm at a casino, I gamble. If I'm not, I don't. I don't look for it. DH does. But if we have a little extra to have fun with, we go. Gambling is all around me. It's our fun. I even used to work as a dealer. Smiley Happy

 

DH has been golden when it comes to giving me his weekly share of the finances. It's when he digs for the money that ends up hurting. He does have a problem. The positive thing is that his actions now are nothing compared to before. The negative is that he still does it. He found a way to pay for his cash advance, so issue solved for now. I dread the day he does it again. Smiley Sad


Starting Scores: (4/16/12 lender pull) TU 596 | EX 550 | EQ 576
Current Score (9/3/15): Wally TU 639 | Amex EX 628 | DCU EQ 639
Goals: Homeowner as of 9/27/2013. Last app 8/1/15. TU-5; EX-16; EQ-13. Aiming for ZERO inqs.
Message 21 of 26
Regular Contributor

Re: Credit and casino gambling

Think of gambling as alcoholism. For most people it's nice to have a gamble every now and then, but they will not miss it when they go without it for weeks or months.

 

In your DH's case, it has become an addiction. And, just like with alcohol, you can't have 'just one gamble'. It always progresses into more. The consequences are just as severe: (financial) ruin, lost relationships, etc.

 

So he needs to quit gambling altogether, and frankly so should you. If we were talking alcohol, you would not have a drink in front of him, so don't do the same with gambling.

 

And, as it is a true addiction and disease, seek help. He may not be there yet, as acknowledging is the first step of the solution, but keep bringing it up with him, he may start to realize it.



$1250                $4000              $15,000            $11,000         $1000(secured)      CLOSED!                  $5000        2.65%:
Starting Score: 0 (03/01/13) &Current Score: TU FICO 791 CK755 CS747 QZ747 &Goal Score: 750 new goal:800 garden since 03/21/14
Message 22 of 26
Established Contributor

Re: Credit and casino gambling

I like to gamble.  I even have the Total Rewards Visa so I can save up extra comps for meals, etc. for when I go.  However, I am in complete control of myself.  I never spend money needed for bills or savings and I stop when I know it's time to stop.  It sounds like your husband has a very addictive personality and he's become addicted to the dopamine rush that comes from gambling.  It's basically a drug dependency on the chemicals being produced by his brain.  The best way to handle it is to redirect him toward something else that can give him that kind of rush.  One good option would be sports and exercise.  Those kinds of activities produce dopamine, appeal to people with competitive energies, and produce positive physical results.


Starting Score: TU: 566
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Message 23 of 26
New Visitor

Re: Credit and casino gambling

Once you deal with the addiction, then you can focus on the debt. Start by writing out a list of everyone you owe. Some of your gambling debt may be on credit cards . You may have overdrafted bank accounts. Or, you may even owe casinos. Put all the debts you can think of on the list. If you learn of new gambling debts, add them to the list. The key is to know who and how much you owe so you can take action.

Message 24 of 26
Valued Contributor

Re: Credit and casino gambling

In the situation you and your husband are finding yourselves in, it might be best to seek help. http://www.ncpgambling.org/i4a/pages/index.cfm?pageid=3311 has information, and perhaps you should both put your names on the self exclusion lists until you can find a healthy way to get your finances, relationship and addictions in order. I wish you the best of luck. http://www.gamblersanonymous.org/ga/ may also help.

625 EQ FICO Current Score: 660 DCU EQ FICO/ 645 Scorewatch EQ FICO , EX FICO 664, TU FICO 737 (08/2014)
Goal Score: 700   Seedling again as of 07/29/14
Message 25 of 26
Established Contributor

Re: Credit and casino gambling

So the issue is resolved for now. I was upset that DH got a cash advance for gambling. He paid it. We don't owe anyone any gambling debt (been there, done that. Over it). I handle the finances, so the money for bills doesn't get used for gambling. I can honestly say that I've been pretty good about handling the money. I even have money put away that he doesn't have access to. For now, if DH incurs any gambling debt, it's his problem. The only credit card he's responsible for has a CL of $750, which I can handle if he messes up again.

I appreciate all the advice. Smiley Happy

Starting Scores: (4/16/12 lender pull) TU 596 | EX 550 | EQ 576
Current Score (9/3/15): Wally TU 639 | Amex EX 628 | DCU EQ 639
Goals: Homeowner as of 9/27/2013. Last app 8/1/15. TU-5; EX-16; EQ-13. Aiming for ZERO inqs.
Message 26 of 26