Is gambling worth it?

Lizzy and Lissa break down the hidden costs – financial and otherwise – of gambling. Is gambling worth it? It might seem like an obvious answer depending on your background, experience, or views on the matter. Yet, this episode gives a refreshing and balanced take on the subjects of gaming and gambling, beyond problem gambling. If you or anyone you know struggles with problem gambling or gambling addiction, you can call the National Problem Gambling Helpline at 1-800-GAMBLER for those of you based in the United States. Additional resources can be found in our show notes. Main Topics 00:00 Introduction to Gambling Statistics 01:39 Running The Numbers Segment 04:23 Cultural and Emotional Aspects of Gambling 12:11 Social Costs and Personal Reflections 19:38 The Social Side of Gaming 20:53 Stigma and Financial Literacy 22:21 Gambling vs. Investing 27:20 How Gambling is Perceived 35:46 20 Cents Segment Resources National Problem Gambling Helpline: 1-800-GAMBLER https://www.ncpgambling.org/help-treatment/ https://smartrecovery.org/gambling-addiction https://www.helpguide.org/articles/addictions/gambling-addiction-and-problem-gambling.htm References for Statistics https://www.ncpgambling.org/help-treatment/faqs-what-is-problem-gambling/ https://en.wikipedia.org/wiki/Gambling_in_the_United_States#:~:text=If%20state%2Drun%20lotteries%20are,gambling%20in%20the%20state%20constitution https://www.ncpgambling.org/help-treatment/faqs-what-is-problem-gambling/ https://www.debt.org/advice/gambling/ https://www.americangaming.org/state-of-play/ Co-Hosts Lizzy Marie, CAIA, is a strategist, alternative investments expert, and a founding partner of Pursuit Funds. Follow Lizzy: Instagram | TikTok Lissa Lumutenga, CFP®, AFC®, is a personal finance expert and content creator. Follow Lissa: YouTube | Instagram | TikTok | LinkedIn Credits ► Produced by Lizzy Marie and Lissa Lumutenga ► Artwork by Lizzy Marie ► Music by Lissa Lumutenga, Net Net Podcast “Theme Song” Talk to us Hit us up, let us know what you think: IS IT WORTH IT? 💸 DM us on Instagram: @netnetpodcast Email us at [email protected] Disclaimer This podcast is for educational, informational, and entertainment purposes only, and should not be constituted as financial advice or any other kind of professional advice. Views and opinions are our own, and Net Net Podcast does not serve as a substitute for personalized financial guidance tailored to your specific situation. Remember to always do YOUR own research, consult a professional as needed, and feel empowered to make your own decisions!