Ask Candid Candace: When betting and hoarding go too far

 Dear Candid Candace: I just wanted to see what advice you had on this.  My wife and I are on the opposite ends of the “keep things vs. throw things away” spectrum.  The wife always likes to save things “ just in case” and says “ well the kids may want this someday down the road.”  I am of the belief we all have too much stuff!  I say dispose, dispose, dispose —whenever you get a chance!  Your thoughts? Signed:  To Hoard or Not To Hoard?

Dear To Hoard or Not To Hoard:  You have definitely come to the wrong woman for advice about this topic. In the dictionary, under “hoarder,” I’m pretty sure my photo will be there.  I still have my baby shoes! But, in my defense, I am an only child so no one else would want them, right? Anyway, my husband says I have so many collections, all he can afford to collect are toothpicks! But, on a brighter note and in defense of hoarding/saving things, the Chicago History Museum recently acquired my Playboy memorabilia collection- so there’s one reason to save. Wink! Wink! In conclusion, I say leave your sweet, sentimental wife alone- what’s important to her clearly isn’t the same as what’s important to you. So, you stay on your sterile, swept-clean side of the room and let her be surrounded by things she love- including you.

Dear Candid Candace: My son who is college age now is getting more and more into sports betting with his friends at school. It started out as just playing in some “ fantasy leagues,” but has now progressed to having his own online account with a couple different websites.  He says, "no big deal, everyone is doing it now and I only bet a little bit."  I,  on the other hand, see slippery slope ahead.  Any advice on how I as a parent should handle this one? Signed: Don’t Bet On It

Dear Don’t Bet On It:  Your concern is well-founded. Sports betting has become increasingly prevalent among college students, with nearly 60% of 18- to 22-year-olds having participated in such activities. This trend is fueled by the widespread availability of online betting platforms and aggressive marketing strategies targeting young adults .

While your son may view his betting as harmless fun, it's important to recognize that the line between casual wagering and problematic gambling can blur quickly. Studies indicate that approximately 6% of college students struggle with serious gambling issues, often leading to financial strain, academic difficulties and mental health challenges. (Addiction Center)

Approach the conversation with empathy and openness. Engage your son in a dialogue about his betting habits, asking questions like, "What do you enjoy about sports betting?" or "Have you considered setting limits to manage your spending?" This can provide insight into his motivations and help identify any underlying issues.

If you notice signs of problem gambling—such as secrecy, mood swings or financial inconsistencies—encourage him to seek professional help. Resources like the National Helpline for Mental Health and Substance Use Disorders (1-800-662-HELP) offer confidential support and can guide individuals toward appropriate treatment options.

Remember, your support and understanding can make a significant difference in helping your son navigate this challenging situation.

(Ask Candid Candace is presented by Randolph Street Market, find full schedule here. Send your questions to Candace@CandidCandace.com)