SMART Recovery
SMART Recovery
Getting Help for Financial Stress Caused by Problem Gambling
Getting Help for Financial Stress Caused by Problem Gambling
Getting Help for Financial Stress Caused by Problem Gambling
Wednesday 4th September 2024
Join Alex DeMarco as he discusses GamFin, a platform providing financial counselling for those affected by problem gambling. Learn practical steps to recovery.
35 minutes
Informative
Supportive
Hopeful
Engaging
Practical
About this podcast
Author:
SMART Recovery
Overview:
Categories:
Sobriety Toolkit
Innovative Treatments & Recovery Paths
Family Recovery from Addiction
Body & Mind
Financial Health in Recovery
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Episodes:
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Get the buttons here!Combating Financial Stress from Gambling: A Conversation with Alex DeMarco
Episode Overview
- GamFin offers no-cost financial counselling for those affected by gambling.
- Alex DeMarco shares his personal journey and financial missteps.
- The platform connects mental health professionals with financial counsellors.
- Discussion on the rise of online sports betting and its impact on youth.
- Practical advice on managing debt and avoiding predatory services.
The whole idea that, you know, that big win is going to solve all your problems.
In this episode of the SMART Recovery® Podcast, host Luke Frazier chats with Alex DeMarco, the innovative mind behind the GamFin platform. Alex shares his journey from a tech-savvy entrepreneur to a dedicated advocate for financial education and support for those struggling with compulsive gambling. With a background in engineering and a series of personal financial missteps, Alex realised the critical need for accessible financial counselling, especially for those facing the double burden of addiction and debt.
The conversation dives into how GamFin offers no-cost financial counselling tailored to help people recover from the financial chaos caused by gambling. Alex explains how his platform connects mental health professionals with financial counsellors to provide a holistic approach to treatment. They discuss the alarming rise in online sports betting and its impact on younger generations, highlighting the importance of financial literacy in preventing and addressing gambling-related issues.
Alex also shares some of his own financial blunders, making the discussion relatable and engaging. He emphasises the significance of creating a solid financial foundation to support overall recovery. The episode is packed with practical advice on managing debt, avoiding predatory financial services, and building a healthier relationship with money. If you're looking for insights into how financial stability can aid in addiction recovery, this episode is a must-listen.
Alex's passion for helping others navigate their way out of financial distress shines through, offering hope and practical solutions for anyone grappling with similar challenges.