Money & Gambling
Money – We All Need It.
We need it for food, for shelter, for medical care and gasoline. We need it to give gifts and cool our homes. Our culture generally believes that the more we have, the better off we are. Yet some people’s relationship with money feels like an unclimbable mountain or inescapable valley.
Most Americans spend more dollars than they earn, burying themselves in credit card debt. Some give away so much they cannot properly care for themselves, neglecting preparation for the futures. Others are addicted to gambling, chasing losses all the way to the bottom of their bank accounts.
No matter the form money disorders take, one dark reality is common among those who wrestle with these issues: shame.
Many suffering never come out of the shadows because they fear judgment. At Daring Ventures, we understand no one intentionally plans to fall into high-interest credit card debit or to lose their savings at a casino. We understand these issues are more complex than simply deciding to make “better choices.”
Daring Ventures offers treatment for money disorders founded upon the latest research. We utilize a groundbreaking, evidence-based approach combining tested counseling modalities found to be effective in helping individuals recover from:
- Gambling Disorder
- Chronic Debting
- Problematic Shopping/Spending
- Money Obsession
- Chronic Underearning
- Financial Deprivation
- Codependent Giving
- Money Aversion
Whether with you, a loved one, or friend, Daring Ventures is ready to join those seeking to begin a journey of recovery. A life of healing and freedom is possible.
Overview of Financial and Work Disorders
Most people experience financial difficulties from time to time – or even endure severe hardships like poverty, unemployment or financial losses over which they have no control. These experiences, while painful or harsh, are not necessarily indicators of a Financial or Work Disorder.
For others, money can be more than a means to purchase the things they need, and work becomes more than just a way to earn a living. Money, and the work required to earn it, become a substitute for self-worth, love or power. For people with Financial and Work Disorders, the unending pursuit of gambling more, buying more, working more can become an addiction – and can be a painful source of betrayal, neglect and financial ruin for co-workers, friends and – above all – families.
What is Gambling Disorder?
Gambling Disorder, previously known as Pathological Gambling, was once thought to be an impulse control issue. While many gamblers can certainly be impulsive, there is more to problem gambling than this one characteristic. Through further study, researchers validated what the families of gamblers knew intuitively for a long time – that chronic problem gambling is a behavioral addiction. Today, Gambling Disorder is categorized among the Substance-Related and Addictive Disorders in the DSM 5. It is also one of the fastest growing addictions among vulnerable populations such as the elderly.
Gambling addicts have many of the same characteristics as alcoholics and drug addicts, such as:
- The need to gamble greater amounts of money to get the same excitement
- Feeling very restless or irritable when they try stop gambling
- Making many unsuccessful attempts to manage, slow or stop their gambling
- Risking or losing relationships, their job or their future to gamble1
- These are just a few of the criteria that might cause significant distress in a gambler’s life and prompt an assessment by a licensed professional.
Brief Biosocial Gambling Screen (BBGS) Questionnaire
1. During the past 12 months, have you become restless, irritable or anxious when you try to stop/cut down on gambling?
2. During the past 12 months, have you tried to keep your family or friends from knowing how much you gambled?
3. During the past 12 months, did you have such financial troubles as a result of your gambling that you had to get help with living expenses from family, friends or welfare?
The Brief Biosocial Gambling Screen (BBGS) is a scientifically validated self-test to help people decide if they need to seek a formal evaluation for Gambling Disorder. If you answered Yes to one or more questions on the BBGS, please consider contacting us for additional evaluation.