Answered

urship 1 B
UNIT 9
Your Personal Finances
LESSON 10
Flashcards
Fran recently got her first job. Now she's constructing her first budget of personal expense
Which source of income data should she use to estimate future income?
(1 point)
after-tax income
O discretionary income
O adjusted income
O income from real estate sales



Answer :

GinnyAnswer

Final answer:

Disposable income is crucial for budgeting, and after-tax income data is vital for estimating future income.


Explanation:

Disposable income is the money available for spending after taxes have been deducted. It is an essential factor when creating a budget, as it reflects the actual funds one has to work with. Using after-tax income data to estimate future income provides a more accurate picture of what one can expect to have available for expenses and savings.


Learn more about Income estimation here:

https://brainly.com/question/14574582


Other Questions