Kelly Larsen has been in finance for more 10 years with bylines at Auto Trends Magazine and Buy Side from WSJ. Fox Money is a personal finance hub featuring content generated by Credible Operations, ...

Your discretionary income is how much money you have left after paying for necessities like rent, food and basic clothing. It’s what you use when you meet friends ...

Income-Based Repayment, or IBR, is a repayment plan that bases the loan payments on a percentage of the borrower’s discretionary income, as opposed to the amount owed. IBR first became available in ...

Millions of retirees are living out their days on shoestring budgets that barely cover the basics. But others have the luxury of something left over once the bills, rent, food and other musts are all ...

Discretionary income is compensation that an employer can choose to provide or not. Some bonuses, gifts, and holiday benefits are examples of discretionary income (but, ONLY when their receipt is ...

About 73 million U.S. households now have discretionary income, up from about 57 million in 2002, according to a report by The Conference Board. The percent of the U.S. population with discretionary ...

On a per capita basis, folks in Bridgeport, Conn., and San Jose, Calif., seem to have ample cash in their pockets after paying for living expenses. On the flip side, it’s a different ball game for ...