GamCare has released its first Money Guidance Service Review, which was made to help people that were impacted from financial issues resulting from problem gambling.
From the review the key findings are:
- The organisation has helped people improve their stability financially, wellbeing and reduced their debt.
- It’s the first national programme tailored for gambling support with debt advice.
- With the budgeting advice alongside one-to-one support users became more confident managing money
- GamCare advisors have also improved thanks to a better form of training which ultimately means better referrals and advice for users.
Background of the organisation
The service became nationwide in 2023 having firstly launched as a pilot the previous year. It is available to any person using the GamCare’s National Gambling Helpline with other treatment and support channels.
A report showed that 76% of the helpline callers said their biggest issue was finances on the back of gambling out of control.
Experience from advisors at the Service
Kathy Wade, Service Manager, said the nationwide service proves the team is helping people improve their life and recover from gambling-related debt with the added burden of the increase in living.
One participant said: “The Money Guidance Service has helped me feel more confident with money. I’m not as anxious anymore, and I don’t worry about how I’ll pay for essentials.”
To Conclude
The Review shows that the Guidance from this organisation is filling a major gap in support in the UK which gives people the chance to improve their confidence and get on top of their finances which was caused by gambling.