Discretionary income is the amount of money left over after an individual or household has paid for their necessary expenses, like rent, food, and bills. This money can be used for leisure activities, ...

Consumer discretionary is a term for goods and services that are non-essential products. For example, rice and wheat would be considered essential items. Meanwhile, cars and streaming services are non ...

If you’ve ever taken the time to peruse your bank statements, you likely noticed different types of spending. Maybe your monthly spending didn’t include much more than essentials like rent, groceries, ...