Re: Budgeting starts from personal budget then gambling budget.
And as we can see, there is the 10% for hobby and recreation which can be allotted to gambling. So, by having that percentage, we can say that we're already a good budget manager of our salaries. Not just that, we need to be consistent and won't shoot out with the allotted percentage for gambling/recreation.
I don't understand this budget allocation pie graph. Is this monthly or yearly? If this is monthly, do you really spend 10% of your income to clothes or 5% to travel? If this is also annual, why is there no slice for savings? What happens if the company you are working for suddenly closes? Then you have no money to spend while hunting for your next job?
I think this depends on your monthly income. Sometimes we just have to depend on how much is left after all the bills and necessary expenses are paid. Only then we can consider gambling.