Take Control of Your Finances
Understanding your spending habits is essential to managing your finances, especially when it comes to gambling. Our Gambling Budget Calculator is designed to give you a clear picture of how much you’re spending on various areas of your life, including rent, utilities, food, entertainment, and gambling. By breaking down your spending, this tool helps you ensure that your gambling remains a fun, controlled activity, without putting unnecessary strain on your finances.
How It Works:
- Enter Your Monthly Income: Start by inputting your total monthly income.
- Record Your Spending: Fill in the fields for your regular monthly expenses, such as rent, utilities, groceries, and transport. This will give you an overview of where your money is going.
- Input Gambling Spend: Finally, add in your monthly gambling spend to see how it compares to other expenses.
- View Your Summary: The calculator will break down your spending into percentages, showing you how much of your income is allocated to each category, including gambling.
Why Use the Gambling Budget Calculator?
Keeping gambling under control is very important, and staying aware of how much you’re spending is a crucial step in promoting healthier gambling habits. By comparing your gambling spend to your essential expenses, you can ensure that you’re not overspending on gambling and putting your finances at risk.
Responsible Gambling Guidelines:
- It is recommended to keep gambling spend less than or within 5-10% of your disposable income. Anything higher may impact your ability to cover important living expenses.
- If your gambling spending exceeds 10% of your disposable income, we advise reviewing your budget, your gambling spend, your account limit settings and seeking support if necessary.
What to Do if You’re Overspending on Gambling?
If you find that your gambling spending is higher than you expected, it may be time to take action. You can:
- Set limits on your gambling spend.
- Consider taking a time-out or break from gambling.
- Take advantage of self-exclusion tools.
- Reach out to support services for advice on managing your gambling behaviour.
For more information, please visit our Safer Gambling Resources page.
Disclaimer:
Please note, the Gambling Budget Calculator is designed to provide general advice on financial management related to gambling. It should not be used as a substitute for professional financial or legal advice.