FHCE 2100 Lecture Notes - Lecture 16: Disposable And Discretionary Income, Savings Account, Child Care
3 Oct 2016
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An individual"s total earnings from wages, investment enterprises, and other ventures. The sum of all the incomes actually received by all the individuals or household during a given period. Wages and bonuses received from employment or self-employment. _ received from investments rental receipts from _ profit-sharing from businesses. Personal income increased ./manage_main_app_server.sh (0. 2%) in current dollars in august. Tends to _ during periods of economic expansion stagnant or slight decline during _ times. The income available to persons for spending or saving, after personal current taxes have been paid. Disposable income = personal income - personal current taxes. Disposable income minus all payments for typical expenses such as mortgage, health insurance, food and transportation. Can be spent on what the income earner chooses or, alternatively, it can be saved. The percentage of disposable income that goes into savings for retirement or use at a later date.
