Multiple Choice QuestionDiscretionary income is what you have left after you have paid for housing, food, and Blank______.Multiple choice question.entertainmentdining outloan paymentsother necessities
Question
Multiple Choice QuestionDiscretionary income is what you have left after you have paid for housing, food, and Blank______.Multiple choice question.entertainmentdining outloan paymentsother necessities
Solution
The correct answer is "other necessities". Discretionary income is the amount of an individual's income that is left for spending, investing, or saving after paying taxes and paying for personal necessities, such as food, shelter, and clothing. Therefore, after paying for housing, food, and other necessities, what remains is your discretionary income.
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