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Benzinga
Benzinga
Business
Marc Guberti

'My Addiction Torched Everything While Putting Me In Debt' — Service Member Loses $500K In 6 Years, Seeks Financial Advice

CEOs Fear Economic Erosion

An enlisted military service member is hanging up their uniform in two years and beginning a battle for their financial future. 

After a severe, years-long sports betting addiction that cost an unnamed Reddit user about $500,000 and "almost killed" them, the service member faces retirement with zero savings, a dramatic difference from their once-healthy financial picture that included a paid-off home and a substantial nest egg. 

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