I’m worried about my finances – where can I go from here?

There are many areas that put pressure on any household budget. Our fixed rate mortgage is coming to an end, the electricity bill goes up, unexpected repairs or even new school shoes for the start of term.

Every time someone gambles, it will have an impact on their finances. When we spend money on gambling, it means we have less money to spend on other things.

If you find yourself struggling with money, you’re not alone – it’s estimated that one million women in the UK are currently at risk of harm from their gambling and just under 70,000 women are experiencing significant financial problems. financial difficulties.

The thought of winning may feel like a solution to our financial problems, but we have to be realistic about the possibility of it happening. We will most likely fall further into a financial black hole that we may try to find a way out of.

Worrying about money can put a huge strain on our mental health. We often feel overwhelmed by the situations we face and find ourselves putting off dealing with problems or ignoring them, but by doing this, we potentially make the situation worse or spend time worrying unnecessarily because we don’t know what help is available.

Our Money Guidance Service can help

Whatever your current financial situation; Our Money Guidance Services fact sheet can provide the answer. With lots of helpful information, they can help you better understand your finances and the options available to you.

We’ve put together an easy guide to help you find the information you’re looking for quickly. Our Money Guidance Service specialists (available in England, Wales and Scotland) are also on hand to provide one-on-one guidance and support tailored to your needs.

We can work with you to:

• Control your gambling
• Understand your finances and spending habits
• Recognize triggers
• Address any financial concerns you may have
• Set routines, obstacles, and boundaries
• Access financial management and self-exclusion tools.

If your gambling is impacting your finances and you feel you can’t stop, it’s important that you seek support. To speak to someone, call our free 24/7 Helpline on 0808 8020 133 or click the Live Chat option.

For further reading, check out our recent blog post on gambling and mental health, where you’ll also find a list of free support services and resources.

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