You make it, you spend it, you save it - it is YOUR decision.

Kev, it's your money, but since you're asking for advice: I wouldn't spend 40% of my income on the sex trade.  That's a big chunk of $$$ that you'll never see again. Try putting some money away in case you get sick or injured.  

You might establish a separate account,  a 'fun account' and only use that for the sex trade.  That's the easiest way to stick to a budget.  regards, --z

Without knowing what your expenses look like, it's hard to say what you should do.

I can tell you that you should not be spending more than 1/3 of your after-tax monthly net income on housing, and that you should have at least six months of expenses saved up in a liquid asset such as a savings account.

Beyond that, what you do with your money is your business.

10k a year is nearly 1k per month.  Do you really need to spend $250/week on pussy?

I just confirmed with John Boehner that the solution to the Fiscal Crisis is now solved.

There's a refundable $ 200,000 credit for all johnnie boys so that the hookers can stay gainfully employed..errr contracted.  As long as they claim the income...it's a win-win for the entire Republic!  Sorry for those gas giants tho...they don't apparently see johnnie boys...off to Wal-Mart as a greeter I guess  

Go for it pal...you're country is depending on it  

It requires that you set up a budget, record every dollar you spend and compare it to the budget, and set your goals and priorites and stick to them.

Don't spend blindly.

You will find lots of ways to start saving money when you examine every expenditure, and find ways to live without things you thought you had to have.

For example, until I was pinched for cash, I never realized that $3.50/lb chuck steak tasted better than $10/lb sirloin.

Also, use the internet to buy things instead of driving to stores.  You can comparison shop on line, find the best price of things, and the postage is a lot cheaper than the cost of driving to a store.  It saves time too.

Cancel any subscriptions to magazines, news papers, even the TV's premium channels if you don't watch them that much (I've given up TV altogether.)  Why keep spending money for something you don't use or enjoy.

Sometimes, these financial setbacks can make us better people in the end.

I hope you thrive in adversity.

There are some very smart people out there who just don't manage their money very well.  And if we think about the purpose of this board, it seems to me that people come here for help & advice on all aspects of the sex trade.  Let's face it, this is an expensive diversion.  And if you're not careful, you can easily slip into financial trouble because of it.

If I'm going to post on this board, I'd rather try to help someone than shout insults at them.  --z

I'll play a long since this is an easy one.  You description of your situation was to vague to offer any real useful advice.

If you have millions in the bank the percentage is a little low.  If you live paycheck to paycheck it is high.

For anyone else I would say it depends on the amount of discretionary income you want to spend in order to reach the desired level of satisfaction from the hobby.

Very bad idea, even at 20%.

Don't spend any here......play the ponies......

....your wallet will be full, overflowing if you get good at it......

....spending $$$ here is like bad Chinese food, you pay, you are satisfied for 10 minutes, then you are hungry and the wallet is empty.

I don't know how old you are.  But if you're 22-27, and you plan to spend 50% of your take-home pay on the hobby .. then ok.  You won't save anything, but you're still young

If you're in your late 28 - 40s,  I think you should save some for retirement.  
If you spend $600/month - that's $7,200 in a year.  I suggest you do that.