5 Tips to Manage Your Online Gaming Budget
The world of gaming has evolved to offer all kinds of options to players, from console classics to mobile and online group activities, there are games for every interest.
Nevertheless, gamers are often unhappy with the outrageous costs of buying their preferred games or making in-game purchases. This is a particular issue for those who can’t splash out.
Thankfully, there are ways to keep your costs down while still enjoying your time gaming, starting with taking control of your money. Here are five tips to help you stay on top of your finances.
1. Consider Free Games
For console or PC gamers, purchasing games can be a source of frustration due to the high costs involved. The thought of spending several hundred or thousand dollars on a new gaming system, only to then have to spend an additional $100 or more for a single game, can be hard to swallow.
However, there are ways for gamers to enjoy their favorite games without breaking the bank. One option is to explore all the best online casino games on Bodog, which can be played for free in demo mode or for real money without any additional equipment or costs.
Another option is to consider playing older, yet well-reviewed games, particularly if you enjoy shooters or sports games. Previous generation or year games can be significantly cheaper, allowing gamers to enjoy their favorite genres while saving money and starting their gaming journey.
2. Track Your Spending
Creating a budget involves planning how you will allocate your money across various categories. Effective budgets should include separate spending groups to prevent overspending in areas like gaming instead of necessities like food. Read more about needs and wants, and the tips on how to budget for both.
Since discretionary expenses vary between individuals, these expenses should make up 5-10% of your overall budget. Managing a budget for a one-time game purchase is straightforward, but it’s easy to lose track of in-game purchases. Anyway, keeping track of expenses and reviewing them each time you consider making a purchase can help ensure that you stay within your budget.
3. Know Your Gaming Costs
Back in the day, purchasing a video game was a one-time payment that granted full ownership and access to the game’s entire content. Nowadays, though, some games might seem like a steal at first, but end up being much more expensive in the long term. Let’s explore the following examples.
Paid Downloadable Content
If you’re looking to buy the latest games, make sure you take into account the fact that some updates might come with paid add-ons called DLC. To avoid getting hit with an extra price tag, do your research and see if it’s DLC-free or not.
If you get a free game, you could still shell out dough by making in-game buys. These are little payments for add-ons or to get ahead of others. Buying stuff is so easy, you might not even think twice and just do it without realizing.
Advice: To not get a surprise charge, be sure you know when you’re paying real money instead of fake coins. No matter if you only get a few or a ton of game bucks for sixty bucks, you’re still down sixty clams.
Imagine subscription gaming like AppleTV or Netflix, but for games. Some of the multiplayer games might need you to pay a regular amount in order to keep playing. So by signing up for the subscription, you gain full access to any game in their collection for a cost that can be paid month-wise or yearly.
To decide if a subscription is worth it, consider your gaming frequency. If you regularly play a specific multiplayer game or want to access a wide range of games, a subscription may save you money compared to other activities. Otherwise, it may be better to stick with a free game or buy a game outright.
4. Check Different Opinions
If you’re not sure if a game is worth shelling out your hard-earned cash, creeping on reviews and guides can be a huge lifesaver. Keeping track of the latest and greatest game releases can also be incredibly useful.
There are tons of resources out there that provide insider info on various games, like gaming websites, blogs, YouTube channels, TV shows, and magazines. Steam is a fantastic tool for assessing whether a game is worth your dime. But don’t forget to make purchases based on the genres you’re vibing with the most.
5. Wait for Discounts
One last thing to consider is that sales seasons can be an awesome method to cut costs on your gaming spending. Many web shops give you the hookup with sales during the year, allowing you to grab older games on the cheap.
Watch out for sweet deals on platforms such as Steam, Playstation, and Xbox – these savings can be great, sometimes chopping off as much as 80-90% from the initial cost. Don’t miss out on these sales, they could end up saving you a ton in the long run.