Cut the fat
Its time to lean up my poker game and get rid of these bad habits. Here is what I am going to try and work on
I did some budgeting and here is what I came up with
$700 Rent and Electricity
$500 groceries
$300 Car Insurance
$200 cell phone
$200 gas
$75 internet
This is the bare minimum for me to live well. It comes out to $2k a month. This is before any expensive habits like going out, strippers, drinking, food, shopping or taking trips. It is likely that these cash habits are what is killing me. Its like the money I win just slides between my fingers back into the sewers and underworld of sin city.
If my minimum is $2k a month just to live, with probably another $2k in leisurely spending each month, I need to play 120 hours a month just to meet my regular bills. If I include a 25% tax, my hourly is closer to $22 than $30, bringing my required volume up to 181 hours a month. This simple exercise is really showing me how important it is to have high volume months in addition to as high a win rate as possible.
Last edited by VolumeKing; 03-24-2016 at 01:49 PM.