A discretionary expense is a cost that a business or household can survive without, if necessary. Discretionary expenses are often defined as nonessential spending. This means a business or household is still able to maintain itself even if all discretionary consumer spendingstops. Meals at restaurants and … See more Expenses are divided into several categories, namely non-discretionary and discretionary. While non-discretionary expenses are considered mandatory—housing, taxes, debt, and groceries—discretionary … See more As mentioned above, discretionary expenses are any costs that a consumer or business wants rather than needs. Some common discretionary items include: 1. Vacations and travel expenses 2. Automobiles 3. … See more Expenses are divided into non-discretionary or discretionary costs. In other words, essential and non-essential expenses. Some … See more What constitutes a discretionary expense is subjective. As such, it may differ considerably among individuals and businesses. For example, a stable, well-established company could probably get away with slashing … See more WebDiscretionary Items Councilmember Ellis explained he is the president of the Riverdale Lion's Club and on January 26, 2024 there will be a dinner to raise funds for families …
Discretionary Expense Definition, Examples, Budgeting - Investopedia
WebJan 17, 2024 · Discretionary Expenses Finally, discretionary expenses are those that are desirable, but you have discretion (or individual choice) over whether to spend on them … Web1 day ago · Definition of 'discretionary' discretionary (dɪskreʃənri , US -neri ) adjective [usually ADJECTIVE noun] Discretionary things are not fixed by rules but are decided … dave and betty\\u0027s
Cyclical Stock: What It Is, Examples, Risk and Return Potential
WebJan 29, 2024 · Discretionary expenses: As noted, these are optional expenses and include recreation and entertainment. A gym membership would also fall into this category. Discretionary expenses often make life more fulfilling, but they should be the first expenses to go if you can’t afford the basics. WebPolicy. Effective March 1, 2024, approval to expend funds deemed to be Discretionary Funds and therefore subject to this Policy is restricted to those items absolutely required to conduct the day-to-day operations of the University. This excludes restrictive funds governed by grant regulations as well as excluding purchase order encumbrances ... Web‘Discretionary’ foods and drinks include sweet biscuits, cakes, desserts and pastries; processed meats and fattier/salty sausages; sweetened condensed milk; ice cream and other ice confections; … black and brown cow print wallpaper