Looking for some advice please. My partner is a gambler
For context partner and I have been
Together for 7 years. Not married. We have a small child. We own our house 50/50 and pay mortgage and bills 50/50. We both work. We have a joint account for bills but separate current accounts. I have my own savings account too. S
He has a good job and salary but I am the higher earner. I pay all the childcare costs and he tends to pay for stuff when we're out which for last year is not much more than coffee here and there
Currently I earn more than double his earnings but I am self employed so that could change any time. In the last 12 months I have saved considerably and religiously put as much as I can away. I assumed he was too because our outgoings have reduced a lot: no social life or commuting costs. He was also made redundant 18 months ago and received a lump sum of money plus he found a new job fairly quickly
In theory, he could have decent sum in the bank of around £20k
I have always known he likes to gamble but never worried very much as he has always been able to pay bills and I thought he played with small amounts he can afford to lose.
So in summary; we are not rich but comfortable. I found a letter today confirming a £3k personal loan. It had been torn up into pieces and stuffed inside his coat pocket. I found it by accident.
Upon questioning he confessed that this is a second loan and he has a total of £8k debt having spent the last 12 months gambling online. The latest loan is to cover living costs for the next couple of months and to maintain the lie that he has money in the bank. He is ashamed and said he has really suffered the last year with depression although outwardly he seems happy enough.
We need to speak further away from the child, when he's asleep tonight. I didn't want to have it out fully with little one there
What can I do to help him and what can he do to help himself? I can clear his debts myself but I don't want to do that as I feel that would get him off the hook. I wonder if he's being 100% honest and if there are more loans or credit cards he hasn't told me about.
Is it possible for somebody like this to change or will it get worse? I don't think he plays with massive amounts. He bets on football and small amounts at a time but that has added up over the year. So although the debt is only £8k (apparently) he's obviously spent a lot more than this in total.