Disposable income is divided into

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Disposable income is the amount of money that households have available for spending and saving after income taxes have been accounted for. It is typically divided into two main components: consumption (the part used for purchasing goods and services) and saving (the part not spent and set aside for future use). Taxes are subtracted from total income to determine disposable income, so they are not a part of the division of disposable income itself.

Disposable Income Is Divided into