Question

1. To calculate discretionary money, you ____?

A) calculate the difference between your gross pay and net income
B) calculate the difference between your net income and fixed expenses
C) calculate the difference between your gross pay and fixed expenses
D) calculate the sum of your net income and fixed expenses

Answer 1

b.) is the correct anwser

Answer 2

Discretionary money is the money that you can spend for your non-essentials goods (such as jewelry, nice jacket, etc)

In order to calculate t, you need to : B. calculate the difference between your net income and fixed expenses

hope this helps