WebMar 17, 2024 · A discretionary expense is voluntary spending. You want to buy something, but it isn't mandatory. Entertainment and recreational purchases fall into this category. On the other hand, bills such... Web1 : left to individual choice or judgment : exercised at one's own discretion discretionary powers 2 : available for discretionary use discretionary income Synonyms elective …
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WebDec 23, 2024 · 18 Examples of Consumer Discretionary. John Spacey, December 23, 2024. Consumer discretionary is a category of products and services that are … motorcycle insurance winter park
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WebDiscretionary and non-discretionary spending are terms used to describe the categories of expenses you use daily in life. Some expenses are necessary, such as your rent, mortgage and utilities; others are more … WebApr 14, 2024 · DOEE seeks to identify an eligible partner on projects that will reduce transportation barriers, particularly for those lacking access to reliable, clean … A discretionary expense is a cost that a business or household can survive without, if necessary. Discretionary expenses are often defined as nonessential spending. This means a business or household is still able to maintain itself even if all discretionary consumer spendingstops. Meals at restaurants and … See more Expenses are divided into several categories, namely non-discretionary and discretionary. While non-discretionary expenses are considered mandatory—housing, taxes, debt, and groceries—discretionary … See more As mentioned above, discretionary expenses are any costs that a consumer or business wants rather than needs. Some common discretionary items include: 1. Vacations and travel expenses 2. Automobiles 3. … See more Expenses are divided into non-discretionary or discretionary costs. In other words, essential and non-essential expenses. Some … See more What constitutes a discretionary expense is subjective. As such, it may differ considerably among individuals and businesses. For example, a stable, well-established company could probably get away with slashing … See more motorcycle insurance texas