Quote from: Viscore on Today at 09:29:17 PM

Quote from: milewilda on Today at 07:43:09 PM

Quote from: decodx on Today at 07:07:28 PM

Quote from: stadus on January 05, 2022, 11:46:59 AM

So, I have a question here, if you are earning like $2000 a month, how much are you willing to gamble that you think you can afford to lose?
Please use the amount as a basis for your answer.

The amount of money I spend on gambling will largely depend on how much I need to cover my living expenses each month. Generally speaking, I never spend more than 10% of my total income on gambling each month. I know that doesn't seem like a lot. And, believe me, I'm not saying that 10% is a safe amount. The important thing is to consider the total cost of your gambling habit before you make a decision. The reason I don't want to risk more money on gambling is that, in case I lose, I'd have to cut back on some lifestyle expenses. And that is definitely not something I want to do.

10% is a good limit and dont go past with that limit if you dont like to experience some big problems yet even though its a small percentage but that 10% of yours will be accumulated then you would
really be finding the amount to be significant thats why its up to someones decision whether they mind of their leisure or would mind on making out some savings for other means like investment
or for more emergency funds which would really vary on each person. Gamble for leisure and dont really mind about doing it for the sake of income because
it wouldnt really be ending up was supposed on what you do have in mind.

Everyone should learn how to do the right budgeting. Gambling has to be part of the budget for leisure.

When we earned money, the right decision is to prioritize savings first (emergency, investment, and leisure), then we will pay our bills, that kind of strategy will help us to save money for our future and not be able to spend it on useless things, and when we gamble we need to stay discipline to not go beyond our limit as that usually would kill our finances.

Easy to say but not all people would really be having that good control when it comes to their finances and thats why we do see some several addicted gamblers who do end up on having a miserable life just because they had missed out or simply failed on doing such thing thats why gambling business had become a profitable business for its owner due to this kind of behavior.It is really depending or varying on us on how we do handle up our finances because if you do fail to do so then you would experience those unfortunate events.