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Author Topic: How much of your money only needed for gambling and others is for family  (Read 2766 times)
joshy23
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January 03, 2020, 04:55:21 PM
 #201

If you want to gamble, you should never bring money that is supposed to be for your family's needs, because in situations and situations you are not able to control yourself and want to keep playing until you run out.
Before gambling prioritizes first the family, after they are fulfilled, enjoy gambling games will be more flavorful.
Yes, you need to separate the budget for both of it , so that you will not be having any trouble in it. A proper managing of funds is good, I will spend my more than half of my money to my family and other is in gambling since it is my source of income now. I dont want to have an empty pocket for my gambling profession rather so I need to have an allocation on it.
Priority scale should be set between gambling and family as you have suggested. Family should be a major focus for everyone when it comes to spending money. If a person has some spare amount that is not utilized so far then he should first comprehend the financial insecurities of his family members .If there is no space for the usage of money for fulfilling their requirements then he should go for gambling otherwise not.
I like the idea of keeping your family to a safe position before spending your spare money into your gambling activities. It going be more stress free
once you are well assured that your love ones are in good hands as you provided the right budget in case there's some emergency. Gambling is always
there for you, once you have your money and time you can always go and play your game.
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January 03, 2020, 10:55:18 PM
 #202

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
Any gambler that is so commited to gambling at the expense of the health of the family member is simply very stupid.
Infact those gamblers in the status quo should be arrested.
It is a sign of irresponsibility and immaturity when ones  emotion cannot be under subjection.
There should be law agent guiding gambling. If not. Even suicide will increase.
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January 04, 2020, 01:22:55 AM
 #203


It could also be a possibility that if you earn and win from gambling your own money, then you try your best to help your family. In that regards, even if you gamble, you still have a good reason though, being responsible and desciplined enough is still needed for you to grow your money. Divide it with good percentage to allot portions to be productive and to have more money so you need not to worry about helping your family, yourself and to worry about money to gamble.

But I don't think that it will be easy to earn and win from gambling. I prefer to do the other work and do my best to help my family than playing gambling and expect to win because I know that it will not always be possible to win. Although we can be responsible and disciplined in gambling, we still hard to win gambling games. But if we can win a lot of money by coincidence, then I will give all of the money for my family, and use some money to help other people. Playing gambling with our money will no need to use big money because we are playing gambling for having fun and enjoy the games and not expecting the win money.

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criza
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January 04, 2020, 01:53:02 AM
 #204


 its okay to spend some money for gambling but there are rules

Control you wage and don't forget about your responsibility for your family. Gamblers should know what is more important between the two, unlike gambling, family is eternal, its your greatest treasure that you shouldn't lose in exchange to any wealth you can earn from gambling. Always position your family first and second to none.

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January 04, 2020, 01:54:53 AM
 #205

But I don't think that it will be easy to earn and win from gambling. I prefer to do the other work and do my best to help my family than playing gambling and expect to win because I know that it will not always be possible to win. Although we can be responsible and disciplined in gambling, we still hard to win gambling games. But if we can win a lot of money by coincidence, then I will give all of the money for my family, and use some money to help other people. Playing gambling with our money will no need to use big money because we are playing gambling for having fun and enjoy the games and not expecting the win money.
Winning from gambling is almost impossible especially if you don't know how to control yourself if you are either winning or losing. I'd rather work my ass there for 8 hours than gambling my hard earned money and hoping that it will win (even though the chances of winning in gambling is lower than that of losing it).

Yes you can win very huge money in gambling if you are lucky but not all the times you are lucky. If you really want to win big on gambling, you need to have a huge capital, huge heart (brave) and huge amount of luck.

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January 04, 2020, 03:37:31 AM
 #206

But I don't think that it will be easy to earn and win from gambling. I prefer to do the other work and do my best to help my family than playing gambling and expect to win because I know that it will not always be possible to win. Although we can be responsible and disciplined in gambling, we still hard to win gambling games. But if we can win a lot of money by coincidence, then I will give all of the money for my family, and use some money to help other people. Playing gambling with our money will no need to use big money because we are playing gambling for having fun and enjoy the games and not expecting the win money.
Winning from gambling is almost impossible especially if you don't know how to control yourself if you are either winning or losing. I'd rather work my ass there for 8 hours than gambling my hard earned money and hoping that it will win (even though the chances of winning in gambling is lower than that of losing it).

Yes you can win very huge money in gambling if you are lucky but not all the times you are lucky. If you really want to win big on gambling, you need to have a huge capital, huge heart (brave) and huge amount of luck.

In luck based gambling games, what you need is something you cannot control. Therefore even if you have a bigger money and a brave quality if you are really unlucky on that day or time, you will lose. If you have a huge capital and luck is not on your side, then that capital will only translate into a huge loss. If you have a huge heart, then that is probably a heart enlargement, it does not have to do with gambling. Kidding.
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January 04, 2020, 08:15:42 PM
 #207

Right now to overcome all my financial problems I need around five bitcoin in the present market price. To make myself relieved is the first thing I'll do, once my financial problems were solved I'll take care of my family. Beyond this I need one bitcoin to gamble which I'll use it to make something out of it.
I think we should try to use the minimum amount t for gambling and try to save the maximum for our family to look after them. Using one bitcoin for gambling is a good strategy and saves you bitcoin for making a profit after some years of holding. I use 60 percent of my salary in gambling and save 40 percent for family needs and my own expenses.
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January 04, 2020, 08:54:30 PM
 #208

Right now to overcome all my financial problems I need around five bitcoin in the present market price. To make myself relieved is the first thing I'll do, once my financial problems were solved I'll take care of my family. Beyond this I need one bitcoin to gamble which I'll use it to make something out of it.
I think we should try to use the minimum amount t for gambling and try to save the maximum for our family to look after them. Using one bitcoin for gambling is a good strategy and saves you bitcoin for making a profit after some years of holding. I use 60 percent of my salary in gambling and save 40 percent for family needs and my own expenses.

Well, this depends. I never used 1 bitcoin to gamble at all, even if it is annualy or monthly, I never did. The price of it can still change but not fiat that is why when I gamble, I just use fiat. But it is true that we should really maximize our money to our family rather than to use it in gambling.

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January 04, 2020, 10:05:11 PM
 #209

You can not divide the budget into 2 parts, one for the family, and the other for gambling. Family should be in the first place for every person. But if the budget allows you to take a little of it, you can spend on your favorite game.

well, youcould definitely take a % of your monthly budget and use it for whatever, specially if your family is well attended already.

I'd say 10% of everything you earn is always for saving (like "the richest man in Babylon")
and wouldn't get more than 5% monthly to gambling, actually, safer to be between 1-3%.
If i'm in that situation, I would certainly do it. I'd use that amount and use the rest for my family for daily needs. I don't see any reason why it's wrong to do if your family is well attended and doesn't need 100% money for daily basis unless there is an emergency which the 1-5% amount would be included for family budget.

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January 04, 2020, 10:29:42 PM
 #210

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

Gambling is not good for someone that cannot discipline himself. It is emotional, you lose and you play more until you lose all your money. Few made it while many lose. That is why we need to be disciplined by not betting with the money we can not afford.

In gambling, sport betting is better as you can analyze previous events to predict a match. There is nothing bad to predict and bet some games in sport but someone weds discipline not to be addicted.

If someone earn $500, why not bet with $5 in a month to stake 1000 odds. With that, you might not win, but, you could unexpectedly win. Some people that made it in gambling gambled the way I just analyzed and after they win, they do not gamble again.

This is just an advise but we should all know in general that gambling can be addictive and can make someone lose properties, relationship and many more if not disciplined.
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January 05, 2020, 02:34:00 AM
 #211

But I don't think that it will be easy to earn and win from gambling. I prefer to do the other work and do my best to help my family than playing gambling and expect to win because I know that it will not always be possible to win. Although we can be responsible and disciplined in gambling, we still hard to win gambling games. But if we can win a lot of money by coincidence, then I will give all of the money for my family, and use some money to help other people. Playing gambling with our money will no need to use big money because we are playing gambling for having fun and enjoy the games and not expecting the win money.
Winning from gambling is almost impossible especially if you don't know how to control yourself if you are either winning or losing. I'd rather work my ass there for 8 hours than gambling my hard earned money and hoping that it will win (even though the chances of winning in gambling is lower than that of losing it).

Yes you can win very huge money in gambling if you are lucky but not all the times you are lucky. If you really want to win big on gambling, you need to have a huge capital, huge heart (brave) and huge amount of luck.

Yes, we have the same thought. I don't want to use my income to just playing gambling and expecting to make more money because I think that is not possible for me. I'd instead search for another way to earn more money than playing gambling. We cannot hope to win at all times because gambling is not a way for us to make money by using money. But it's not guaranteed if you use huge capital that can give you a chance to win big on gambling because gambling will need luck factor to win.

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January 05, 2020, 05:32:17 AM
 #212

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 can gamble online with a small amount of money, management is my daily food and that is also part of my job. I usually set aside 10% for savings and pleasure such as gambling and traveling. I don't really care how other people gamble and how much they spend, but what is said is indeed true for managing your financial expenses and income.

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January 05, 2020, 06:24:11 AM
 #213

Excess money is the money that we should only allocate in gambling, our family is should be the first priority and we should first allocate the money that our family needs in order to survive in the our daily lives. If I have a lot of money I will not allocate big amount of funds, 10% of my money is the highest money that I can allocate in gambling.
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January 05, 2020, 07:07:16 AM
 #214

Excess money is the money that we should only allocate in gambling, our family is should be the first priority and we should first allocate the money that our family needs in order to survive in the our daily lives. If I have a lot of money I will not allocate big amount of funds, 10% of my money is the highest money that I can allocate in gambling.

Probably the best way to consider is to spend allot of percentage to your self, and make your money grow further instead of thinking about making you r money grow in such a way that gambling will be considered as the tool. Instead, if your money grows and you don't know where to spend it, gambling is the best option.
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January 05, 2020, 07:44:19 AM
 #215

the truth is i allocate at least 15% of my monthly wages for gambling and the rest is handled by my wife because she is the one whos budgeting and caring of all house expenses ,and also my bonuses and sidelines are for her..and about crypto income?she is not putting hands on this because she trusts me that i will be doing this for the sake of our family and the 15% amount is enough for me to sustain my needs to gamble.

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January 05, 2020, 08:11:06 AM
 #216

Excess money is the money that we should only allocate in gambling, our family is should be the first priority and we should first allocate the money that our family needs in order to survive in the our daily lives. If I have a lot of money I will not allocate big amount of funds, 10% of my money is the highest money that I can allocate in gambling.

Probably the best way to consider is to spend allot of percentage to your self, and make your money grow further instead of thinking about making you r money grow in such a way that gambling will be considered as the tool. Instead, if your money grows and you don't know where to spend it, gambling is the best option.

I think gambling will never be the best option, because it's dangerous if we become addicted. there is no iota of allocations for gambling, I give entirely to the family. although I want to gamble sometimes I get money for free, from friends who play gambling too or sometimes from airdrop and giveaway.

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kotajikikox
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January 05, 2020, 09:08:41 AM
 #217

Excess money is the money that we should only allocate in gambling, our family is should be the first priority and we should first allocate the money that our family needs in order to survive in the our daily lives. If I have a lot of money I will not allocate big amount of funds, 10% of my money is the highest money that I can allocate in gambling.

Probably the best way to consider is to spend allot of percentage to your self, and make your money grow further instead of thinking about making you r money grow in such a way that gambling will be considered as the tool. Instead, if your money grows and you don't know where to spend it, gambling is the best option.

I think gambling will never be the best option, because it's dangerous if we become addicted. there is no iota of allocations for gambling, I give entirely to the family. although I want to gamble sometimes I get money for free, from friends who play gambling too or sometimes from airdrop and giveaway.
what is that Free Money from friends?meaning from tips?are you living in gambling just from tips?cannot believe its true lol.

better spend those "Tips" for your family since i can feel that you dont have enough money to keep and never spent in gambling .never forget that gambling should me enjoyment and not for living .

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January 05, 2020, 09:35:27 AM
 #218

Excess money is the money that we should only allocate in gambling, our family is should be the first priority and we should first allocate the money that our family needs in order to survive in the our daily lives. If I have a lot of money I will not allocate big amount of funds, 10% of my money is the highest money that I can allocate in gambling.

Probably the best way to consider is to spend allot of percentage to your self, and make your money grow further instead of thinking about making you r money grow in such a way that gambling will be considered as the tool. Instead, if your money grows and you don't know where to spend it, gambling is the best option.

I think gambling will never be the best option, because it's dangerous if we become addicted. there is no iota of allocations for gambling, I give entirely to the family. although I want to gamble sometimes I get money for free, from friends who play gambling too or sometimes from airdrop and giveaway.
what is that Free Money from friends?meaning from tips?are you living in gambling just from tips?cannot believe its true lol.

better spend those "Tips" for your family since i can feel that you dont have enough money to keep and never spent in gambling .never forget that gambling should me enjoyment and not for living .
there are many of my friends who gamble, when they get a big win, they always share with me, and of course I use it for gambling.
every gambling result I will always use again for gambling not for anything else and that is my principle. therefore I enjoy playing gambling with free money without fear of losing.

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January 05, 2020, 05:33:19 PM
 #219

Depends on my financial situation really, I usually end up with about 1%-3% of my income on gambling and nothing more but I can't give an exact number because sometimes I make a lot of money so I spend more on gambling and sometimes I make so little that I don't even gamble because I already have very little to begin with, some months I make a debt (like the last 2 months) and that is why I stop gambling, otherwise I normally gamble even on a regular economical situation or if I am doing great then I gamble even more.

At most I spent about 250-300 dollars one month, and the bare minimum I would still gamble is around 20-30 bucks, if I can't spare over 20 bucks then I probably won't put any money at all since it usually doesn't even worth it to begin with.

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January 05, 2020, 05:58:21 PM
 #220

Well, I don't pay anything because I'm in college so my parents buy the food and all etc. But once I start earning, I'll surely devote 95% earnings to my family and to meet needs and for my luxury and stuff and 5% fixed for gambling lmao.
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