Kamillah

What Is Discretionary Income?



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Discretionary income is the money that you have left over after you have paid for your essential living costs, such as food, shelter and clothing. This money can be used for anything you want, including savings, investments, or luxury purchases. Discretionary income is often used as a measure of someone’s financial well-being. The more discretionary … Read more

Definition of business risk



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In all businesses there are a series of business risks that generate uncertainty when trying to grow or try to propose solutions to the different problems that arise on a day-to-day basis. Each of the decisions that are made in a company, regardless of their importance, poses a risk to the company. In addition, not … Read more