With those slices taken out of your paycheck, whatever you have left is your discretionary income. Here's everything you need to know about discretionary income and its role in planning your budget.

Strike the right balance with a payment that makes progress on the debt without stretching your budget too thin.

When consumer confidence is high and unemployment is low, people have more discretionary income to spend on non-essential items. On the other hand, when the economy is struggling, consumers tend ...

Quarter-to-date, the Consumer Discretionary Select Sector SPDR Fund ETF (NYSEARCA: XLY) is trading 2.6% higher, compared to a ...

With more median discretionary income, women are keeping spending growth strong and steady in the United States.