It often happens that people go out to play a variety of games of chance with a certain amount of money, but in the end they spend everything if they are gone. How to prevent which technique you base yourself on to spend no further. It's hard to just give up, people persistent in gambling that day, so they can't just tell themselves they'll try tomorrow. Why is this difficult? Is it because of greed?
Everything stems from greed and our emotional attachment when it comes to money.
In gambling, the vicious cycle starts when you continuously gamble with the mindset of earning money, which would eventually cascade into losses especially if you lack the self-determination and will to stop. What makes things worse, in times of losses, you have this feeling of wanting to recover your losses but only to result into further losses.
Now the key here is to plan ahead and limit yourself when it comes to betting. I know this may be easier said than done but that is the only way in order to prevent incurring losses continuously.
