discretionary money

What Is Another Word For Discretionary Income?

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What Is Another Word For Discretionary Income? Disposable Income. Discretionary income and disposable income are terms often used interchangeably, but they refer to different types of income. What does the term discretionary income mean? Discretionary income is what a household or individual has to invest, save, or spend after necessities are paid. Examples of necessities

What Is Discretionary Spending In A Budget?

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What Is Discretionary Spending In A Budget? Discretionary expenses are often defined as nonessential spending. This means a business or household is still able to maintain itself even if all discretionary consumer spending stops. Meals at restaurants and entertainment costs are examples of discretionary expenses. What is discretionary spending within a budget quizlet? Discretionary Spending.