(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling.

Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money.

A lot of people indicated they love to gamble. Ayoola cautioned that if gambling is a frequent activity, it should be factored into a budget to prevent financial strain.

“At NerdWallet we suggest the 50, 30, 20 budget, which is that 50% of your income goes to needs, 30% to wants and then 20% to debt and savings,” Ayoola said. “So, ideally, the gambling money should come out of that 30% bucket which is your wants in spending.”

Before deciding…

(InvestigateTV) — A recent NerdWallet survey on sports betting found that in 2024, people said they spent an average of $3,284 dollars on gambling.

Elizabeth Ayoola, a personal finance writer at NerdWallet, said the survey also found 65% of participants reported doing this to make extra money.

A lot of people indicated they love to gamble. Ayoola cautioned that if gambling is a frequent activity, it should be factored into a budget to prevent financial strain.

“At NerdWallet we suggest the 50, 30, 20 budget, which is that 50% of your income goes to needs, 30% to wants and then 20% to debt and savings,” Ayoola said. “So, ideally, the gambling money should come out of that 30% bucket which is your wants in spending.”

Before deciding…

A Mick Gatto-linked subcontractor backed by the CFMEU and contractors on major government jobs has defaulted on millions of dollars in taxes, the second time a company in the corporate group has left behind a large tax debt even as the group continues to win taxpayer-funded contracts.

The Taxation Office this week filed notice with the Australian Securities and Investments Commission that Victorian labour hire firm M Group Trades and Labour – which has been winning jobs on the Allan Labor government’s $26 billion North East Link project and major road upgrades – has failed to pay $13.7 million in tax.

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China will employ a package of targeted measures to further address local government debt this year, with a particular focus on accelerating the debt swap program, reforming local government financing vehicles and curbing the accumulation of new hidden debt, officials and analysts said.

With the debt-relief package — a multipronged adjustment to ease local government financing pressure — the country is better positioned to pursue the broader agenda of fostering economic stability and progress, they added.

“We will continue to defuse debt risks in the course of development and pursue development in a debt…

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Nearly two in five British Columbians say they need help to get out of debt.

That’s according to a report by Ipsos on behalf of MNP, which also shows the same proportion believing they will remain in debt.

Licensed Insolvency Trustee, Leah Drewcock says younger Canadians between the ages of 18 and 34 are more likely to be embarrassed about seeking help.

“Debt affects every age group and demographic, which is why this March at MNP we’ve launched our first Debt Literacy Month, and our goal is to provide Canadians with critical knowledge and trusted resources to help them regain control of their finances, regardless of their age.”

Drewcock says there’s a…