What Is A Discretionary Expense?
What Is A Discretionary Expense? Vacations and travel expenses. Automobiles. Alcohol and tobacco. Restaurants and other entertainment-related expenses. Coffee and specialty beverages. Hobby and sports-related expenses, such as crafting, sewing, and gym memberships. What is considered discretionary spending? Discretionary spending refers to non-essential items, such as recreation and entertainment, that consumers purchase when they have