152k views
2 votes
A budget should be based on a person’s _______ income. (Gross, Net, or discretionary)

User Brunam
by
9.0k points

2 Answers

4 votes

Answer: Net

Explanation: I just took the test and got it right.

User Somethinghere
by
8.9k points
6 votes
Their budget should be based on their net income. Their net income is how much they make after deductions from tax and such. This is ultimately how much they make in a pay check, so they should budget based on their net income.
User Paulo Cheque
by
8.2k points