Gaming budget-a clever idea to eliminate stupid mistakes

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There’s nothing more frustrating that blowing a whole lot of cash at an online casino because you were impatient, or didn’t want to take the time to set yourself a budget and play within your means. Online entertainment can save you a huge amount of money, but you need to take the time to sit down and draw up a budget to make sure you don’t overspend and incur debt, leaving you with an unnecessary financial headache.

What amount should I budget?

I can’t tell you how much you can spend or what percentage of your income should be dedicated to entertainment, as this depends solely on your financial situation. The best way to determine what you can afford is by drawing up a list in Excel or Google docs and adding up your expenses, then dividing the leftover funds between recreational activities.

Stick to a budget

Budgeting is the smart option; but only if you stick to it. When you set a limit be realistic and do not fool yourself into believing that you have excess money to spend, as this will only lead to financial trouble down the line. If you have reached the end of your budgeted amount and still want to play, take advantage of the free games on offer at all the top online casinos.

Find a site that meets your needs

Budgeting is incredibly important, but so is finding a site that meets your needs. There are thousands of online casinos all jostling for your attention and offering variations of numerous games and differing jackpots. Find a site that has all the games you want in order to avoid blowing half your budget on mediocre entertainment that you do not enjoy to the full. Choose a site that meets your needs and whether you want to play on your PC, Mac, or enjoy portable gaming on your iPhone, there is guaranteed to be an option that suits your preferences.

Eliminate all your financial hassles and score yourself a financially secure future by drawing up a gaming budget before you play. A gaming budget is the smart solution to a successful online gaming future.

 

 

About Jen Perkins

Likes: saving money, being debt free (aside from our house), zombies, travel, getting money, blogging and dogs. Dislikes: debt, being broke, bunnies, wasting money, not having enough money to travel the world and paying interest. Facebook  ♥  Twitter  ♥  Google+  ♥  RSS

Comments

Gaming budget-a clever idea to eliminate stupid mistakes — 8 Comments

  2. I’ve never done online before. That’s too intense for me…too hard to stick to a budget. I’ve gone once or twice with friends with my budgeted entertainment money IN CASH in person. I don’t take anything but the cash, so that when I’m done, I’m done. I have no other options.
    femmefrugality recently posted..Student Deals and DiscountsMy Profile

  5. While I may agree that you should set a budget for your gaming habit, I still do not recommend playing casino or any other games of chance, whether online or in real life. For me, it is a waste of time and money. Yes, we all deserve to have some fun but we can have clean fun and find other activities that we can enjoy with the whole family.
    Manette @ Barbara Friedberg Personal Finance recently posted..SAVE FOR RETIREMENT NOWMy Profile

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