Quote from: taufik123 on Today at 02:09:17 AM

Quote from: passwordnow on June 25, 2025, 10:58:15 PM

-snip-
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.

Some people may be consistent, but most who do this kind of budget implementation will be affected because their psychology is not strong enough to resist the temptation to bet more.

10% of the salary is for hobbies and recreation, gambling may only be about 5% and that is more than enough if you only play for a hobby.
But if the allocation limit is exceeded, all the budget allocations will be chaotic, not disciplined in the management carried out will only cause losses.

One who's got this allocation could just max out the 10% for entire gambling. But it's true that not everyone will be consistent on it because this serves as a guide and we as the ones who will follow it will still have the decision to make with the temptations that we see.

Quote from: Fundamentals Of on Today at 02:51:10 AM

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.

Most likely this is per salary day. It depends on how you look at it, it's just a guide made by someone and it's not mine. This only shows as an example of a regular working person on how his salary is allocated to each of them. While you make too much things to worry with, it's only a sample about alloting to budget for some gambling expense(recreation).