disposable income
Disposable income refers to the amount of money a person or household has available to spend or save, after deducting taxes and essential expenses such as rent or mortgage payments, utilities, and food. It is the remaining income that can be used for discretionary spending or saving purposes.
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Related Concepts (22)
- automatic stabilizers
- consumer spending
- consumerism
- cost of living
- discretionary spending
- disposable income and savings
- economic growth
- economic indicators
- economic well-being
- financial planning
- gross income
- household expenditure
- income inequality
- income tax
- inflation
- money management
- national income
- personal finance
- purchasing power
- real income
- standard of living
- wealth distribution
Similar Concepts
- guaranteed income
- income distribution
- income eligibility
- income equality
- income redistribution
- income sources
- investment income
- national income and consumption
- national income and savings
- passive income
- per capita income
- personal income taxes
- retirement savings
- social security income (ssi)
- taxable income