disposable income profiling

Meanings

• noun

  The amount of income that a household or individual has available for discretionary spending after taxes and required savings have been paid.

  - "The disposable income profiling of the average American household has been decreasing in recent years."
  - "A high disposable income profiling allows individuals to save more and invest in their future."

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Variants

List of all variants of disposable income profiling that leads to same result
disposable income

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Etymology

origin and the way in which meanings have changed throughout history.

Disposable income profiling is a term that has emerged in the field of economics and personal finance.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Did you know that disposable income profiling is often used as a measure of economic well-being?

2. The average American household spends about 70% of its disposable income on necessities, leaving 30% for discretionary spending.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Discretionary income: Refers to the income that a household or individual has available for spending on non-essential items after paying taxes and necessary expenses.

2. Savings rate: The percentage of disposable income that is saved and not spent.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Disposable income profiling is an important concept in understanding household budgeting and economic trends.

How to Memorize "disposable income profiling"

1. visualize
   

   - Imagine a pie chart representing a household's income. The largest slice represents disposable income profiling.
   - Visualize a graph showing the trend of disposable income profiling over time.

2. associate
   

   - Associate disposable income profiling with the ability to buy luxury items or experiences.
   - Think of disposable income profiling as the money left over after paying bills and saving for retirement.

3. mnemonics
   

   - Remember D-I-SP-O-S-A-B-L-E: Discretionary Income Spending Available Before Large Expenses.

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