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Topic: How much of your money only needed for gambling and others is for family - page 13. (Read 2820 times)

sr. member
Activity: 952
Merit: 274
Before you allocate your money in gambling, determine first your daily expenses, monthly bills and all of the things that you need to pay. Allocate only small amount money in gambling. If you have good risks management then you can protect your capital as well as your profit.
hero member
Activity: 2968
Merit: 687
I never spent all my money on playing gambling because I know it's not good and it might end up losing my all allowance. Even I always play gambling I'm not that kind of gambler who totally spends his/her money on playing and I always control myself which I will only spend my extra money and if I got to lose I will stop playing and the same if I won. We should be a responsible gambler so no one can suffer if we lose in gambling. Always make sure you can control yourself in playing gambling and do not make any move that will make you suffer after playing gambling.
That's a good characteristic you have, since common thing we know in gamblers is that we can't control and resist to spend our money especially if you regularly play gambling. Being responsible is hard, even we tell that this is the only amount we spend, we can't stick to our target and it is really hard.
Thats why we should not put up some target when we do gamble.Whats lost is lost and dont tend to chase it up or force yourself to win
just because you have set up before you gamble.

Its a wrong move to take because this will just push you to play and forgetting that you do still have a family to feed on later on.
If you dont like to experience problem then better not to gamble at all.
sr. member
Activity: 1260
Merit: 315
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I never spent all my money on playing gambling because I know it's not good and it might end up losing my all allowance. Even I always play gambling I'm not that kind of gambler who totally spends his/her money on playing and I always control myself which I will only spend my extra money and if I got to lose I will stop playing and the same if I won. We should be a responsible gambler so no one can suffer if we lose in gambling. Always make sure you can control yourself in playing gambling and do not make any move that will make you suffer after playing gambling.
That's a good characteristic you have, since common thing we know in gamblers is that we can't control and resist to spend our money especially if you regularly play gambling. Being responsible is hard, even we tell that this is the only amount we spend, we can't stick to our target and it is really hard.
full member
Activity: 1330
Merit: 147
I think an old gambler or someone who has a habit to play gambling (an addict or not) will have a responsible to his life and his family. I mean, for those who often to play gambling will still remember that he has family and they need money to meet daily life. So, they will devide his money to play gambling and to finance his family life.

But I doubt, for those young gambler and they didn't have any experience how to manage their money well. I guess if they often to play gambling and not accustomed to managing money then when they got married they will hard to manage their money. Usually, they will realize when they feel extremely go broke and they are really needs money.
sr. member
Activity: 882
Merit: 258
★Bitvest.io★ Play Plinko or Invest!
In my situation the money that I have been getting in my job as a payment of my working I divided it first into the needs of my family just for example, I do the budget about the expenses we need in the month just like, payment for the electricity, payment for the water bill, payment to the house that we are renting and lastly payment to the internet that we are using. After I budget those needs of my family including the food and allowance that we need, the money that is left will use to the gambling in order to earn profit maybe or for enjoyment. We must seriously do the budgeting in order to  be more efficient in our daily lives, don't gamble if you are not mentally aware about the expenses of your family, think twice before you gambling and always think first your family before to play.
sr. member
Activity: 1512
Merit: 316
I think you should only have a small amount for gambling you should focus more on your family specially if you have kids.
Try to save as much as you can for their future for all of their needs.
We should control our greed or gambling habits to give them more time and spoil them.

One should have a banal bed approach and if some one has extra money then you can gamble a lot else if you have limited money then should always prioritize your family needs first and all the payments etc and then anything remains a certain portion for gambling .
Ucy
sr. member
Activity: 2674
Merit: 403
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I agree.
Another important tip is to have a small gambling budget whenever you plan to gamble, and don't come to casinos with extra money, save for money for fuel/gas/ransport fare. . Stop gambling once the budget is exhausted.

People should also learn not to get attracted to other attractions in the casinos.. Examples: images, alcohol, songs, etc. I guess addicts are easily attached to this "fun" things especially they have sad life or don't find much happiness outside of the casino.
full member
Activity: 644
Merit: 127
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Why it is very important to always have control when gambling and its the number one we should have
  • Many people gamble without thinking and spend all his/her money remember that you spend hours earning that money for your family and also for yourself but our responsibility is bigger
    than anything else, because there are times that we for about this things, and forget that we have a family to feed for me its okay to spend some money for gambling but there are rules you
    need to control your emotions because i saw people who spend all their money while their children have nothing to eat, bills not settle and at the end of the day they spend their times in the
    streets ending is the commit crimes children don't go to school i hope everyone will remember this and be able to help everyone here , what im saying is its okay to gamble but don't compromise
    your families
I never spent all my money on playing gambling because I know it's not good and it might end up losing my all allowance. Even I always play gambling I'm not that kind of gambler who totally spends his/her money on playing and I always control myself which I will only spend my extra money and if I got to lose I will stop playing and the same if I won. We should be a responsible gambler so no one can suffer if we lose in gambling. Always make sure you can control yourself in playing gambling and do not make any move that will make you suffer after playing gambling.
hero member
Activity: 3010
Merit: 629
i saw people who spend all their money while their children have nothing to eat, bills not settle and at the end of the day they spend their times in the
streets ending is the commit crimes
A gambler who dont care about the welfare of his family can led to this situation, irresponsible and only care for his addiction to gambling.

If you cant control yourself dont gamble. But some of us have no discipline and letting ourselves be drown to gambling. Its a must to know your priority and be aware of the consequences if you gamble because regrets are always in the end.

Use the money you can afford to lose and set aside the money needed for important matter.

legendary
Activity: 2492
Merit: 1232
You have a good point OP and you've been clearly stated a correct guide from those who want to gamble. We should separate the amount that we can afford to gamble not just our entire budget of our family. Greed and without self-control will make our life miserable. There's no need to calculate how much you are going to spend, the fact that how much extra money you have.

The problem of those addicted to gambling, they are hoping that it will double their money if they gamble. They didn't know it might be lost if they will lose in gambling. Secure first the family needs before your habit or much better don't gamble if you're not a rich.
legendary
Activity: 3066
Merit: 1312
Those who spend all their money for gambling and ignore family because of gambling are the most addicted gamblers in this world. Any gamblers should have their own limit for anything in their life even if they like it much such as positive hobbies. If someone cant have their own limit then it would be very bad for their life especially if it makes them forget about other things including family. Family needs should be the priority, gambling should be used as entertainment only with limit obviously. I myself spend 10% max of my monthly salary for gambling, but most of the time I wont use till I hit the max of the 10%.
sr. member
Activity: 939
Merit: 256
Theory is always easier than practice, I guess all gamblers understand that they need to stop before it's too late but most can't stop when it starts.
When people are losing, they can think of nothing but trying to get rid of what they have lost before, all hoping to win next time until they lose all their money.
I think the best way to keep money is to never engage in gambling.
sr. member
Activity: 2828
Merit: 357
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nothing specific because "Family first" is my motto so gambling is just a spare of time and money but if given much?i will enjoy every moment .
something like 50$ per game since i only play in limited time or sometimes once a week.



we should always prioritize our family because they are the reason why we are seeking for profit ,for their future and good living.
legendary
Activity: 2450
Merit: 1047
Why it is very important to always have control when gambling and its the number one we should have
  • Many people gamble without thinking and spend all his/her money remember that you spend hours earning that money for your family and also for yourself but our responsibility is bigger
    than anything else, because there are times that we for about this things, and forget that we have a family to feed for me its okay to spend some money for gambling but there are rules you
    need to control your emotions because i saw people who spend all their money while their children have nothing to eat, bills not settle and at the end of the day they spend their times in the
    streets ending is the commit crimes children don't go to school i hope everyone will remember this and be able to help everyone here , what im saying is its okay to gamble but don't compromise
    your families

That's not good, your allocation for gambling should not go higher than 5% of your salary, and this 5% is for the whole week or until you are not yet got your salary, it is your responsibility that gambling should not have an impact on your family's budget, so you will not encounter any issue from your family, of course your wife should know that you only spend 5% to your gambling activities.
sr. member
Activity: 1036
Merit: 281
It is important to consider where will you get the money for you to start gambling. My advise for you is a popular sayings and it is invest the money that you can afford to lose. It's meaning is invest the excess money where you will not have psychological effect even if you lose it. Do not also see gambling as your source of income because your money is not safe in gambling due to risks.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
20% of my wage is for my personal things and that is the agreement we made with my family so the thing is i can spend all of this for anything specially gambling.

so thats what i reserve for my gaming,but these days since i have already controlled in gaming so i prefer to spend atleast 10% only and the other 10 % is for my other stuffs.
sr. member
Activity: 644
Merit: 364
In Code We Trust
Actually to answer based on the question it self on the subject of this Op, there is no money needed to spend in gambling. The money that I spend in gambling isn't part of the budget I have for myself. The gambling funds that I have is from the excess which is considerably unecessary for me to consider a need to spend in gambling. I do not bet daily, I just bet when I want. For example, an excess altcoin from a transaction would be a great choice for me to play. Or sometimes, if I join bounty from gambling sites, I do not withdraw everything thus play a bit of a games.
hero member
Activity: 2912
Merit: 556
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I think you should only have a small amount for gambling you should focus more on your family specially if you have kids.
Try to save as much as you can for their future for all of their needs.
We should control our greed or gambling habits to give them more time and spoil them.

Yes, with a small amount for gambling, and with the power to controlling ourselves, we can prevent spending more money because we need that money for our family. But that will not easy as it's said because when we gamble, sometimes we forget what is in our mind before we gamble so we can use more money. We will realize after we spend too much time gambling, and we will regret it because we lose that money in gambling. So, in this case, no matter how long we gamble, we need to have a plan on how much money we will use, don't play gambling too long, and always stop if you think the situations are not good for you.
legendary
Activity: 2898
Merit: 1006
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Some people who being an addicted doesn't care anymore with their family and everytime they got money it never shared to the family and used it alone only to gambling even often to see if those people don't have money to gambling they will asking to their family to borrowing money which is will be used to gamble but luckly i never being such as that because i do gambling with my free money which mean my high of priority above gambling is my family
hero member
Activity: 2688
Merit: 540
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I think you should only have a small amount for gambling you should focus more on your family specially if you have kids.
Try to save as much as you can for their future for all of their needs.
We should control our greed or gambling habits to give them more time and spoil them.

I dont know what kind of mind would a father have to spend those money on gambling instead on saving it up for his family?
It isnt bad to gamble but you should know the limit.Dont try to spend which you cant afford to lose and its more happier if you
do able to look that you do able to raise your family well without any hardship in terms of financial.Dont exchange or mess up
your life with a simple dumb choice towards gambling.
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