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Message: [QUOTE="bullishwwd, post: 2388519, member: 46958"] [B][COLOR="Blue"]My suggestion is to keep the [U]poker[/U] and[U] life[/U] FUND completely separate, but establish a reasonable % (monthly) that you are willing to 'withdraw' from either and 'transfer' to the other without establishing any "economic or emotional tilt". Never "ROB" monies from either fund...stay with your established plan. EXAMPLE: Let's say you live on an annual income of $24,000 (Net) ... the amount available for charities, expenses, bills, entertainment, etc .... disposable or discretionary income. That is $2,000 per month. Establish a reasonable %, say 15% per month, that you can easily (and are willing to) devote to POKER ... that is $300/mo. [U]Budget that amount, no more and no less, every month to POKER[/U] (This % will vary for each person based on what amount is available). NOTE, this is a monthly BUDGETED item just like mortgage, rent, food, auto loan, etc. In the POKER Fund, you have only $300/mo in income + any earnings from playing poker only....once this is gone, you necessarily STOP PLAYING until the next month. Assuming you have a great month with Poker, say you win/ITM for several MTTs and "net" an additional $1,000 from poker playing, establish a reasonable % of this (say, 30 to 50%) that you are willing to "transfer" back to your "Life Fund" for future "contingencies"...may want to keep this in a separate 'sub-account' of the Life Fund, say a Bank Savings Account. [U]The growth of this sub-account will be a good gauge of your overall success or failure.[/U] The above is only my suggestion ... adjust the percentages per your own situation and availability of funds. You can be flexible, but develop a plan and use discipline or [U]you'll likely never achieve a goal if you are not aware of it. [/U] GL, Wally[/COLOR][/B] [/QUOTE]

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