What Is It Called When You Have Extra Money To Spend?

Discretionary income

What is money that you spend called?

An expenditure

is money spent on something. Expenditure is often used when people are talking about budgets.

What is another word for extra money?

What is another word for things you spend your money on?

What is it called when the government has extra money left over?

A surplus

implies the government has extra funds. … A budget surplus can be used to reduce taxes, start new programs or fund existing programs such as Social Security or Medicare. A budget surplus can occur when growth in revenue exceeds growth in expenditures, or following a reduction in costs or spending or both.

How can I make extra income?

1. Babysit. Use your evenings and weekends for watching children in your neighborhood and community. …
2. Give lessons. …
3. Dog walk. …
4. Design websites. …
5. Become an adjunct professor. …
6. Sell your creations online. …
7. House sit. …
8. Tutor others.

What is the meaning of extra money?

2 adj If something is extra,

you have to pay more money for it

in addition to what you are already paying for something.

How much money should I have left after all expenses are paid?

The 50/20/30 Rule

This rule suggests allocating 50 percent of your income for necessities like housing, utilities, food and transportation and 20 percent for debt payments and savings. Ideally, this leaves

30 percent for

nonessential expenses like eating out, entertainment and vacations.

What do you call a person who doesn’t like spending money?

Piker can refer to

a tightwad

, a cheapskate, or basically anyone who does not like to spend or give money.

What is the difference between spend and pay?

As nouns the difference between pay and spend

is that

pay is money given in return for work

; salary or wages while spend is amount spent (during a period), expenditure.

How do you say someone has a lot of money?

1. wealth. noun. a large amount of money and other valuable things.
2. fortune. noun. a very large amount of money.
3. pile. noun. a large amount of money.
4. windfall. noun. an amount of money that you get when you are not expecting it, especially a large amount.
5. payout. noun. …
6. mint. noun. …
7. big money. noun. …
8. a small fortune. phrase.

What does Diburse mean?

transitive verb. 1a :

to pay out

: expend especially from a fund disburse money. b : to make a payment in settlement of disburse a bill. 2 : distribute.

What is the main source of government tax income?

Government’s main source of tax income is

Personal Income Tax

.

Why surplus is bad for economy?

Deflationary Effect

When government operates a budget surplus,

it is removing money from circulation in the wider economy

. With less money circulating, it can create a deflationary effect. Less money in the economy means that the money that is in circulation has to represent the number of goods and services produced.

What type of tax does the government get most of its money from?

About 50 percent of federal revenue comes from

individual income taxes

, 7 percent from corporate income taxes, and another 36 percent from payroll taxes that fund social insurance programs (figure 1). The rest comes from a mix of sources.

How can I make $100 a day?

1. Take part in research (up to $150/hour) …
2. Get paid to take surveys. …
3. Become a shopper. …
4. Get paid to watch videos online. …
5. Wrap your car. …
6. Sell your crafts. …
7. Download these 2 apps and make $125 by going online. …
8. 8. Make an extra $100 pet sitting.