but that's what often happens to the people around us. I think if you have friends who are gamblers, you must have found friends who lost gambling and then borrowed money from you. I feel that it will be very difficult to ask for the money back.
The impact can spread not only to gambling addicts. it could reach his family and friends. In some cases of gambling addiction, some of them go to extremes even to the point of hurting other people.
Most of my friends who borrow money from me are drug addicts, I've known it just recently. Well, they are not paying me back and I doubt they will come to my house to pay me because I've not been responding to their messages ever since I found out where they are using it.
The same goes with gambling and actually the money runs out faster here than it is with other addictions. It's true, that borrowing money just for the sake of gambling should not be done. It will just bury us in more debt and it will not be a healthy position where people whom you borrowed from are messaging or calling you all over the day just to remind you about your debt.
I don't borrow money even from the bank, the interest rates make me back off from it. And I've seen my colleagues who have credit cards having a hard time paying which may have caused trauma to me or I learned from that lesson.
When the gambling addiction has reached the extent of having to borrow money even from banks or loan merchants to fuel your gambling desires, then its obvious the damages being caused is now more than mere financial loss, the person is putting himself and his family in serious debt and such harms not only the gambler, but his family's reputation and causes them serious problems trying to settle his shortcomings in order to save face in the society.
I remember clearly when my brother was stuck in gambling addiction, I literally pay for his debt accumulations almost daily so that my parents would not be fully aware of the length he goes in his gambling spree in order to conserve the health of my ageing parents and most importantly my father who has High blood pressure and Sugar problems. It worked at that period, but it cost me a lot of useful money that I would have utilized properly for my own benefits, but I'm grateful it didn't cost me my dad as well.
Gambling addiction affects the person, his finances, reputation and so does it affect his loved ones as well, loans are very bad quite alright because of its high interests, and worse when it's not being used for profitable ventures. The ugliest thing is that the interests keep accumulating and piling up more financial losses for whom it may concern at a later time to save the gambler.