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Personal income all of the income that you call your own, And disposable income would be any amount that YOU MAY HAVE LEFT AFTER contributing to your savings and retirement plans and paying all of your taxes, bills, debts, living, transportation and all other necessary expenses that you may have and owe.
Any amount of your personal income THAT YOU HAVE LEFT AFTER THAT would be disposable income that you could give away, throw away or waste for unneeded expense that you want but do not need.
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To calculate disposable personal income you take personal income and subtract what?
individual income taxes
What is the amount of money a person has left on his or her income after taxes called?
disposable personal income
Does disposable income decrease when income decreases?
yes because the disposable income it is necessary to determine total income so when income decrease does disposable income decrease also.
What type of income is amount left after all other obligations have been met?
Personal
What is a disposable personal income?
The amount that you have left after all of your taxes, bills, savings and all other necessary living expenses are paid or taken care of. If you do happen to have any disposable income after that then you should consider adding some of the amount to your savings for future use when you will not have any disposable income available to you. Amounts that you do NOT need at this time that you can give away to someone that may need it or throw the amount away what ever you choose to do with any disposable income that you might have.
What is the difference between personal income and disposable income?
a
How to culculate personal income to disposable income?
Personal Income = Disposable Income + Personal Savings
What is the relationship between consumer spending and disposable personal income?
a direct relationship.
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
To calculate disposable personal income you take personal income and subtract what?
individual income taxes
What is the amount of money a person has left of his or her income after taxes called?
disposable personal income
The amount of money a person has left of his or her income after taxes is called?
disposable personal income
What is the amount of money a person has left on his or her income after taxes called?
disposable personal income
What is the between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
What is the different between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
What is the difference between disposable income and discretionary income?
Formulas are: Disposable income = consumption expenditure + savings - support of others; Discretionary income = Gross income - taxes - necessities. Although denotatively wrong, disposable income is commonly used to denote discretionary income.
Does disposable income decrease when income decreases?
yes because the disposable income it is necessary to determine total income so when income decrease does disposable income decrease also.
