Asked by Name

To calculate discretionary money, you ____.
(1 point)
Responses

calculate the difference between your gross pay and net income
calculate the difference between your gross pay and net income

calculate the difference between your net income and fixed expenses
calculate the difference between your net income and fixed expenses

calculate the difference between your gross pay and fixed expenses
calculate the difference between your gross pay and fixed expenses

calculate the sum of your net income and fixed expenses

All Answers 1

Answered by GPT-5 mini AI
calculate the difference between your net income and fixed expenses

Explanation: Discretionary money is the amount left over after you pay fixed (required) expenses, so net income minus fixed expenses.