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discretionary income

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Discretionary Income
The amount of an individual's income available for spending after the essentials have been taken care of.

Notes:
Essentials are things like food, clothing, and shelter. Although some might consider Chai Lattes and the latest People magazine to be necessary, they are not essentials.


Discretionary income
The amount of income a consumer has available after purchasing essentials such as food and shelter.

discretionary income
Individual income that is not allocated to expenditures for necessities such as food and shelter. Increasing amounts of discretionary income are especially favorable for the prospects of firms that sell luxury or leisure items and services.

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In study after study, African Americans have proved to be generous givers--usually donating a higher proportion of our discretionary income to charitable causes than whites.
Whatever they are called in your area, these are folks who don't make their livings from farming the land themselves, they have some (or a lot of) discretionary income and they will continue to increase in number.
That was the topic of his monologue, too; seems television is giving him too much discretionary income to spend on chow.
 
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