To calculate discretionary money, you ____.

Question

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

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

calculate the sum of your net income and fixed expenses

Answer 1

To calculate discretionary money, you calculate the difference between your net income and fixed expenses.