How Gaming Addiction Negatively Affects Your Finances

The clinical definition of the word addiction, according to Medical News Today, is the physical and psychological inability to stop taking a substance or indulging in an activity despite its adverse physical and psychological effects.

According to Addictions Recovery, for behaviour to qualify as an addiction, it ought to satisfy at least three of the following characteristics as outlined by the American Psychiatric DSM-V:

  1. Tolerance: Do you spend increasing amount of time playing the games over time?
  2. Withdrawal: Do you experience physical and emotional reactions after trying to stop playing the games, e.g. anger, anxiety, worry, restlessness, and so on? Try these CBD hemp strains to deal with this symptoms.
  3. Limited Control: Do you sometimes intend to play one game only for you to realize you were to play one game several hours later?
  4. Negative Consequences: Has the gaming habit negatively affected your relationships, health, finances, career or any other aspect of your life.
  5. Neglected or postponed activities: Have you reduced the time you spend with your family, friends, at work or postponed doing something to create more time to game?
  6. Desire to cut down: Do you sometimes wish you could cut down on the time, energy and money you spend on gaming?
  7. Energy and Time consumption: When you’re not gaming, do you find yourself obsessing about how you’ll play? Do you ever try to cover up the time and money you’ve spent on gaming?

If you answered yes to more than three of the above seven points, you need to start working on your gaming habits; otherwise, continued gaming will negatively affect your finances. There are so many cases over the globe of people who’ve spent ridiculous amounts of money to support their gaming addiction, learn more at

These behavior just like alcohol addiction could eventually get you buried in a heap of debt and unpaid bills. Gather some tips and additional information about Pacific Ridge about how to beat alcohol addiction and the apply them to your gaming addiction by clicking the link.

There are tons of notable cases online of people who came out publicly to tell their stories of how their gaming addiction got them in debt. However, the story of Mike Fahey struck a chord with many people. There is a very good rehab center in Hawaii that can help your loved ones with their addiction.

Mike Fahey came out on Kotaku telling his addiction story and how much it cost him his girlfriend, his job, his finances and eventually ruined his social, physical and financial life. He was so addicted to Everquest that his life rotated between work and playing Everquest. Mike expresses how he could even hear Everquest characters even when he was at work. At some point, he failed to go to work to create more time to play the job. He got into so much debt that the auto company repossessed his car. His house electricity was disconnected and had to move back with his parents.

Do you know the effects of repossession on your creditworthiness?

According to Crediful, When an auto company repossesses your car out of the inability to pay the monthly payments, repossession is reflected in your credit history. The repos negatively affect your creditworthiness, and you risk not getting any other auto loans, housing loans or credit cards- all because you couldn’t control your gaming habits.

How People Get in Debt Playing Free Games?

Interestingly, most games are free to play. So, how do people get into debt playing free games? You see, until a decade ago when most games were sold and no further purchases after buying the game, today, most games are free to play, but there are other mini-transactions. Such transactions include buying a superpower, unlocking a certain level at a low cost and so on. These mini costs are seemingly negligible but eventually accumulate to incredible amounts.

So, how can one avoid getting in debt due to gaming addiction?

There is no simple way to get out of debt if you’re still addicted to gaming.  If you realize that you’re addicted to gaming, the only way out is to quit gaming. This might be one of the most critical decisions. It may not be bad to visit some arcades like the Arcade in Toronto once in a while to relax, just don’t forget to spend and play wisely.

First, acknowledge that you have an addiction that has taken over your life, or will take over your life if you don’t get a hold of it.  Next, seek out a support system mostly of people who’ve recovered from the same addiction and join a support group that holds group therapy sessions.

It’s also imperative to seek out a social support system from your friends or family. Let them know that you acknowledge you have a problem, and you’d appreciate their help through the recovery journey. As you continue with the recovery, it’s critical to ensure that you avoid any triggers. Triggers are things, people, places or circumstances that increase the likelihood of going back to the addictive behavior. This might include doing away with all your gaming items. When it comes to buying the equipment and parts you need for gaming it’s important that you set a budget so you don’t end up overspending. You can check out this site for high quality cheap gaming keyboards.

Finally, get productive ways to occupy your time with. It could be looking for a job or even getting payday loans for bad credit to pay up small emergencies in your life. Since your credits will be bad, you can try getting payday loans from services which provide emergency funds for bad credits, which will put you back on track in your life. Also, getting an accountability partner who will help you get better ways to manage your finances and support you in your recovery journey.

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