How Honest Record-Keeping Curbs Overspending

A way of ensuring that there is no overspending through the account book that will include all expenses incurred, together with any form of wastage. With accounts being kept properly, it is possible to determine the spending pattern, budget allocation, and achieve your priorities.

One of the peculiar features of Kolkata FF that people do not realize is the lack of understanding how much money they spend playing it. They know the small amount for each bet and their winnings and think about everything else as zero. And this is exactly the trick that allows overspending and the only way to fight it is honest record-keeping, even in the roughest possible way, without any use of apps.

 

The Trick the Human Brain Can Perform

 

Human brain cannot estimate the repeated expenses correctly. Although the ₹30 baji looks like a tiny expense, the ₹500 phone recharge seems to be a substantial one. However, 20 such baji are bigger than the recharge. And this trick Kolkata FF uses in its game design and each baji makes the players believe that they spend nothing at all.

 

What Is the Honesty of Record-Keeping Really About?

 

The method is quite simple – there is nothing else. You have to:

  • write down all rupees you lose during the process of making a bet,
  • write down all rupees you earn with winning,
  • note all skipped baji,
  • track all emotional bets (double-bets, bets you make to recover your money, etc.).

Especially much attention should be paid to emotional bets as usually, they are the most considerable losses you can have during the day.

 

Why Does Honest Record-Keeping Curb Overspending Automatically?

 

There appears to be a certain psychological effect taking place when you start writing down the bet you are going to make. And although it sounds ridiculous, but it is true, and the researches on the efficiency of diets, budgeting and gambling behavior proved it in different ways. Writing becomes a mirror and mirrors cannot lie.

 

Numbers That Will Surprise You the First-Time Loggers

 

For the average player betting ₹20 for each of 8 weekday bajis and 4 Sunday ones the total monthly expenditure easily exceeds ₹4,000. The emotional double-bets can raise the figure up to ₹6,000 and more. The probability to return your money through winnings is low because of mathematics and numbers in your log will compel you to lower your bets.

 

Rules That People Make For Their Logs

 

Everyone who keeps a log of his/her betting makes his/her own rules that can look like:

  • no baji unless there is enough money in the "gaming budget" column;
  • no double-bet after the loss;
  • no bets larger than X rupees;
  • weekly analysis of the log before starting a new week.

The rules made by you on the basis of your personal log act differently from the rules created by strangers on YouTube.

 

When It Is Time To Stop Playing According to Your Log

 

Sometimes the log tells you something that you do not want to hear. Too many losses, too big bets and chasing pattern appear. And this is exactly the time when your honest record-keeping acts as an early warning system. It is not a problem since this is exactly what you expected this exercise to do, and it is better to discover the problem in the first month rather than in the twelfth.

 

Conclusion

 

Record-keeping is not glamorous and there is absolutely no marketing of it since nobody earns money selling you an inexpensive notebook. In case of Kolkata FF it is the most effective way to curb overspending without quitting the game. Numbers cannot lie, hype you or make you chase your losses. Listen to your log.

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