by laser on October 9th, 2009

laser

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What is the meaning of having a disposable income?

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Answers. 7 helpful answers below.

  • by SoulSearcher on October 9th, 2009

    SoulSearcher

    When your bills are paid, you have a roof over head, food, car, clothes and some put back for the future, anything over that would be disposable.

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  • by Sokoot on October 9th, 2009

    Sokoot

    It means that you have enough money to wipe your nose with it!

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  • by Schonberg on October 9th, 2009

    Schonberg

    It means the money that you have left after the tax has been deducted.You either spend it or save it.

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  • by LarryH54 on October 9th, 2009

    LarryH54

    Any money over and above the amount you need for bare subsistence.

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  • by Jacques on October 9th, 2009

    Jacques

    It means you've got money to burn. So much, in fact, that you can torch it for fun:

    http://en.wikipedia.org/wiki/K_Foundation_Burn_a_Million_Quid

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  • by MacNeilD on October 9th, 2009

    MacNeilD

    Disposable income is income you can actually use to buy various goods and services. It begins as your "net pay" (the amount of your pay cheque _after_ all deductions have been taken off). It then includes any interest you receive on savings bonds, fixed-time deposits, government payouts (such as your income tax refund), and other sources of cash.

    Here's a more complete definition:
    www.canadianeconomy.gc.ca/English/economy/disposable.html

    A word of advice: whereever you see "Canadians" on that page, you can substitute your own nationality with no change in meaning.

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  • by Sherri on October 9th, 2009

    Sherri

    What's left, if anything, from your paycheck after all the bills are paid.

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