The portion of net income on a budget referred to as discretionary income is most appropriately used for:.

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JanaMiqdad9827 JanaMiqdad9827

28-02-2022
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The portion of net income on a budget referred to as discretionary income is most appropriately used for:.

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okpalawalter8 okpalawalter8 · Answer 1 · 2022-03-14T09:47:29+01:00

Discretionary income is speaks to your net income that is not eaten up by your imediate personal needs.

Discretionary income

Generally, Net income is simply the difference of gross profit and all other expenses and all other costs

Your discretionary income comes out of your disposable income, This speaks to your net income that is not eaten up by your personal needs, its the money for left over to save, invest, or spend.