Optimal Finance Daily - Financial Independence and Money Advice

2747: Losing More Than a Bet by Nick Maggiulli of Of Dollars and Data on Gambling & Personal Finance Habits


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Episode 2747:

Nick Maggiulli's moving piece, "Losing More Than a Bet," delves into the poignant intersection of family, loss, and the perilous lure of gambling, inspired by the death of his grandfather. By reflecting on his grandfather's gambling addiction and its personal impacts, Maggiulli offers profound insights into the complexities of addiction, the deceptive allure of easy money, and the deep familial bonds that shape our understanding of risk and reward.

Read along with the original article(s) here: https://ofdollarsanddata.com/losing-more-than-a-bet/

Quotes to ponder:

"What goes up a chimney down, but not down a chimney up? An umbrella."

"Money won is twice as sweet as money earned."

"The cycle continues. Another loss. Another justification. Another gamble."

Episode references:

North American Foundation for Gambling Addiction Help: https://nafgah.org/

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Optimal Finance Daily - Financial Independence and Money AdviceBy Optimal Living Daily | Diania Merriam

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