Fact is that if you've never paid attention to how much you spend on your minor wants, chances are high that you can never make proper budgeting for your gambling.
Sometimes, the amount we spend on things that don't add anything to us is always more than the amount we spend on gambling and for gambling expenses, it's even better because there's a chance that you might win and get a return from what you've put into it but for the regular expenses, once it's gone it's gone for good and it's easy to spend so much on small items without even knowing that a lot is already going into such as long as you're not taking record of such expenses.
If you want to practice proper gambling budgeting and see that it works effectively, you first have to start from personal budgeting and then you can easily implement it in your gambling.
What's your take on this?
Budgeting is very useful thing for everything. I like to work with numbers, so i can say how much money i spent and on what purposes it was spent for every day. I don`t try myself to save money, i can make silly purchases, but i see that i always have some money to next salary and i have an opportunity to buy something useful and to invest.
Gambling budget is the same. If you getting profit, you can increase bet size, controlling budget, or make some stop if something goes wrong. If you`re playing for fun - you can plan how much money you can spend per day/per month.
I saved money for few months for my bankroll - it was so, because i wanted to be able to make big enough bets and don`t worry that i have money only for 2-3 bets. It is just an example how personal budgeting was used for gambling.