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South Africans betting beyond their means: Tips to reduce your risk and save

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Manage episode 518317606 series 2825639
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

As November marks Responsible Gambling Month, concerns have been raised about how some South Africans are using gambling as a means to supplement their income. With unemployment at record highs and an ever-escalating cost of living, financial services provider, JustMoney is taking the opportunity to shine a light on the risks of gambling as a means for cash-strapped South Africans to make extra money. This was evident in a recent survey by JustMoney, which found that 3% of survey respondents chose online gambling over a popular cost-cutting option. The survey also found that those taking home less than R5,000 a month, are four times more likely to choose online gambling, with men twice as likely as women to opt for this. For more on this, Bongiwe Zwane spoke to Head of Customer Experience at JustMoney, Sarah Nicholson

  continue reading

2602 episodes

Artwork
iconShare
 
Manage episode 518317606 series 2825639
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

As November marks Responsible Gambling Month, concerns have been raised about how some South Africans are using gambling as a means to supplement their income. With unemployment at record highs and an ever-escalating cost of living, financial services provider, JustMoney is taking the opportunity to shine a light on the risks of gambling as a means for cash-strapped South Africans to make extra money. This was evident in a recent survey by JustMoney, which found that 3% of survey respondents chose online gambling over a popular cost-cutting option. The survey also found that those taking home less than R5,000 a month, are four times more likely to choose online gambling, with men twice as likely as women to opt for this. For more on this, Bongiwe Zwane spoke to Head of Customer Experience at JustMoney, Sarah Nicholson

  continue reading

2602 episodes

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