Anonymous
07/20/2025 10:27
Subject: What percentage of your income is discretionary spending?
Most of our spending is discretionary. We have a second home for starters, which is 100% discretionary. We pay for house cleaning and landscaping. We travel frequently. When we eat out, it is usually higher end restaurants.
Non discretionary expenses are - car insurance, health insurance, home insurance, real estate taxes, groceries, utilities, phone service, internet, home and car maintenance. Probably a few other things I’m forgetting, but that all adds up to a small fraction of our spending.
Non discretionary expenses are - car insurance, health insurance, home insurance, real estate taxes, groceries, utilities, phone service, internet, home and car maintenance. Probably a few other things I’m forgetting, but that all adds up to a small fraction of our spending.
Anonymous
07/20/2025 09:06
Subject: What percentage of your income is discretionary spending?
A lot, which we are fortunate for. We've both had some lucky career moves in the past few years.
Anonymous
07/20/2025 03:48
Subject: What percentage of your income is discretionary spending?
The older you are the more discretionary income you have.
Anonymous
07/19/2025 11:10
Subject: Re:What percentage of your income is discretionary spending?
What discretionary spending I don't have -
- Cosmetic surgery
- Pets
- More than 2 kids
- Addictions of any sort (Drinking, Smoking,
- Designer clothing, accessories
- Spa and beauty treatments
- Boats, RV, ATV, Motercycles
- Vacation homes
- Cosmetic surgery
- Pets
- More than 2 kids
- Addictions of any sort (Drinking, Smoking,
- Designer clothing, accessories
- Spa and beauty treatments
- Boats, RV, ATV, Motercycles
- Vacation homes
Anonymous
07/19/2025 11:07
Subject: Re:What percentage of your income is discretionary spending?
A spin-off of your question
What would we easily cut off if we had to really tighten our belts
- many not so useful subscriptions
- charity giving
- traveling in business class
- sports car
- eating out
What would we change if we had to
- move our cleaning lady from weekly to monthly
What would we continue to keep
- landscaping and snow removal
We could do postpone
- kitchen remodelling. I would love to have a new kitchen BUT I can live with it for years still.
- Garage shelving. Again, would love to have it done, BUT, I can live with what I have if I just declutter.
- A new car in place of my old van.
What could we do to make some extra cash
- Start selling stuff on FB marketplace
- Declutter heavily and become minimalistic
What would we easily cut off if we had to really tighten our belts
- many not so useful subscriptions
- charity giving
- traveling in business class
- sports car
- eating out
What would we change if we had to
- move our cleaning lady from weekly to monthly
What would we continue to keep
- landscaping and snow removal
We could do postpone
- kitchen remodelling. I would love to have a new kitchen BUT I can live with it for years still.
- Garage shelving. Again, would love to have it done, BUT, I can live with what I have if I just declutter.
- A new car in place of my old van.
What could we do to make some extra cash
- Start selling stuff on FB marketplace
- Declutter heavily and become minimalistic
Anonymous
07/19/2025 09:51
Subject: What percentage of your income is discretionary spending?
80%
Anonymous
07/19/2025 09:48
Subject: What percentage of your income is discretionary spending?
What makes our life easier or gives us joy?
Landscaping -
-$100 per month (for each season) for lawn mowing
-$1400 for weeding, mulching, bush and tree trimming, leaf blowing, mid-season cleanup from spring, summer and fall.
- $150 for snow removal during winter
- $140 per week for house cleaning
- An additional sports car that my DH bought
- All kinds of electronics and kitchen gadgets that my DH buys...$5000 a year. But, he does not drink, vape, smoke, gamble or cheat. And he cooks and cleans.
- Eating out - $500
- Business class ticket for me to go to Asia once or twice a year (because I am delicate now). $4000 - $8000
Landscaping -
-$100 per month (for each season) for lawn mowing
-$1400 for weeding, mulching, bush and tree trimming, leaf blowing, mid-season cleanup from spring, summer and fall.
- $150 for snow removal during winter
- $140 per week for house cleaning
- An additional sports car that my DH bought
- All kinds of electronics and kitchen gadgets that my DH buys...$5000 a year. But, he does not drink, vape, smoke, gamble or cheat. And he cooks and cleans.
- Eating out - $500
- Business class ticket for me to go to Asia once or twice a year (because I am delicate now). $4000 - $8000
Anonymous
07/19/2025 09:28
Subject: What percentage of your income is discretionary spending?
Most of it.
Anonymous
07/19/2025 09:27
Subject: What percentage of your income is discretionary spending?
Of our after tax income, the vast majority of it.
20% of our pretax income is spent on needs and that includes a vacation home. Very HHI and NW.
20% of our pretax income is spent on needs and that includes a vacation home. Very HHI and NW.
Anonymous
07/19/2025 09:17
Subject: What percentage of your income is discretionary spending?
5% for all of us
Anonymous
07/18/2025 21:47
Subject: What percentage of your income is discretionary spending?
A lot.
Anonymous
07/18/2025 21:41
Subject: What percentage of your income is discretionary spending?
By that I mean, what portion of your income do much do you spend on yourself to make life better? Things that are optional but that make things easier or happier for you.