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Over $100,000 in Debt Due to Gambling Addiction: Advice and Recovery Plan

The Ramsey Show HighlightsMay 28, 20256 min51,866 views
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Overcoming Gambling Addiction and Debt

  • 💡 The caller is over $100,000 in debt, primarily from online gambling, and is seeking advice on how to recover.
  • ⚠️ The debt breakdown includes $80,000 in credit cards, $8,500 in student loans, and $11,500 on a car loan.
  • 👏 Congratulations are extended for achieving one month of sobriety from gambling, with encouragement to seek further support.

Support Systems for Recovery

  • 🤝 It is strongly recommended to join Gamblers Anonymous (GA) and seek professional therapy or counseling to navigate recovery.
  • 🧠 Having a support system is crucial, especially given the solitary nature of truck driving, to help stay
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What’s Discussed

Gambling AddictionDebt ManagementCredit Card DebtStudent LoansCar LoansSobrietyGamblers AnonymousTherapyBudgetingBaby StepsEveryDollar AppScorched Earth MethodDebt Payoff Strategy
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