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when you begin your first full-time job, you have a monthly income of $4,500. your federal and state taxes are $1,000. you pay $1,600 in rent, have a $300 car payment, and spend $300 on food and $200 on clothes. the remaining $1,100 would be considered your

Respuesta :

After spending on income taxes and essential living expenses, the remaining $1,100 is the Discretionary Income.

What is discretionary income?

This refers to the amount of money that people have after they spend on their income taxes and the expenses that are essential to them.

These expenses include rent, car payments, food, and clothing. Any money left from one's income after these are spent is the discretionary income which can be used for other less essential spending.

Find out more on discretionary income at https://brainly.com/question/26766185

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