Gambling strains household finances
from First Take SA Hosted by SAfm
When household budgets are stretched, the promise of a quick gambling win can seem tempting, but it can also put long-term financial security at risk. The latest 2026 Township Customer Experience Report found that 55% of stokvel members surveyed had gambled at least once in the past year, highlighting how financial pressure can influence even disciplined savers. So how do we prevent gambling from turning financial pressure into deeper debt, and what practical steps can households take to protect their savings? We spoke to Bertie Nel, Head of Financial Planning at Momentum.
Embed this episode
No transcript yet.