Financial Ramifications of Gambling Addiction

Most of us have daydreamed about making or winning a bunch of money. I mean, who wouldn’t want to come into money? It’s a thrilling thought. The lottery or gambling is built on the dream of hitting it big. But what happens when it goes too far and impacts your finances and life? In this episode, I talk to Dave Yeager, a recovering gambling addict, about how gambling addiction took hold of his life on active duty, its negative impacts on his life and money, and how he got help through the VA. Dave is an 11-year veteran of the US Army and is in recovery from gambling addiction. Dave hosts the Problem Gambling Podcast for military service members. He also serves on the military committee for the National Council on Problem Gambling.

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Ramifications of Gambling Addiction Episode Details

  • Dave’s military background and history with gambling
  • The impact of gambling on Dave’s life and career
  • The need for education to help service members with addiction
  • Dave’s path to recovery
  • VA treatment that is available
  • Resources for recovery

Financial Ramifications of Gambling Addiction Resources

Reserve Your Pass for #MilMoneyCon23

MilMoneyCon is the annual event for financial professionals united by military service. Its mission is to bring service members, veterans, and military spouses together to build and progress their careers, continue their education, and grow their earning power as practicing or rising financial professionals. MilMoneyCon23 is happening April 27-29, 2023, in Nashville, TN. Attending the annual conference gets you connected with the biggest community of military financial planners, coaches, counselors, candidates, and educators. It’s a place to find employment and money-making opportunities, increase earning power, and continue your education. Reserve your pass at and your hotel room here. Change the arrival and departure date to April 27-30, 2023, for the discounted room rate.

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Disclosure These notes may contain links to our affiliate products or services, which means I might get compensation when you click or buy. That said, I will only put affiliate links that align with our podcast discussion. If you want to “kickstart” your finances in the military, you can get access to my free Financial Kickstart Kit here.