Discretionary income is always higher than disposable income.

Name: Discretionary income is always higher than disposable income.
Brand: Quizplus
Rating: 4.9 (41 reviews)

Question

Quizplus · Accepted Answer

Disposable income is the net income available to an individual after taxes have been paid, whereas discretionary income is what remains from disposable income after essential expenses (like food, rent, and utilities) have been paid. Therefore, discretionary income is typically lower than disposable income.

Discretionary Income Is Always Higher Than Disposable Income