We have seen variations of this question (% or absolute amount) - making it much more simpler for some kowalski analysis

If you have nothing else to save or spend it for then sure. But each time I hobby I think about how far that ~$1000 could have gone on other things.

I agree. Sometimes when I sit back and calculate my finances for the month, and realize how much I’ve actually spent… it’s mind blowing. I didn’t realize I went that many times in a month or how much I’ve spent in this hobby throughout the years. Enough to pay off my current vehicle in full!
If you have disposable income, sure it’s not bad to do it, but if you are a finance or accounting guy, then know calculating it at the end hurts the actual outlook of the cost spent.

If you're making money you need to spend some to make more. That's my motto. So no I don't think it's alot

A popular way of thinking about where to spend your money is the 50-30-20 framework. According to this, up to 50% of your income can be spent on "needs",  30% on "wants" and 20% on "savings". Important to note, these percentages are calculated on POST-tax money in your pocket, not pre-tax salary.

Needs: This covers things that are not optional. Rent/mortgage, utilities, fuel, groceries, healthcare, insurance, minimum debt repayment.

Wants: This covers optional spending that you'd like to have/see/do but can live without. Generally includes things like restaurants, vacations, concerts/sporting events, nicer clothes/jewelry, upgrading gadgets/phones every couple years, entertainment, Netflix, Spotify, etc.

Savings: self explanatory since you don't wanna end up being the next geriatric Walmart greeter.


You could argue that mongering belongs in the category of "Wants" and I think that would be appropriate. However, you can't blow the entire alottment on WGs alone. You must have some other wants so I'd say 20% of your salary is way too much to be blowing on this, especially if you're calculating on pre-tax money. It's likely your "wants" spending is way higher than it should be if mongering is taking up 20% of it.