With those slices taken out of your paycheck, whatever you have left is your discretionary income. Here's everything you need ...

Discretionary income is what someone has left over for saving or spending after taxes and living expenses have been paid. A person’s discretionary income is what they have left over from their ...

Businesses and individuals pay for discretionary expenses with discretionary income—the amount of money left over after paying for housing, food, taxes, and other necessities. When times are ...

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 ...

According to data from the Bank of America Institute, women’s median annual income growth continues to outpace men. It’s a difference that has increased to the highest level in over three years. With ...

President Joe Biden will leave the White House with some unfulfilled promises to federal student loan borrowers, but he can still boast that he forgave more than $188 billion in loans.

Once the grace period ends, borrowers are on the hook for monthly student loan payments. Finding room in your budget for those payments can be challenging, especially if you're juggling ...