In a personal budget, the amount of income left after covering the withdrawals and fixed expenditures is referred to as:

Question

Quizplus · Accepted Answer

Disposable income refers to the amount of money that an individual has remaining after paying all necessary expenses, such as rent or mortgage, utilities, and other fixed bills. It is the money that can be used for discretionary spending, such as entertainment, dining out, or saving for future goals.

In a Personal Budget, the Amount of Income Left After