Problem: You have been hired for your dream job in healthcare. Your salary is $10,000 per month. Your taxes are $2500 per month. Your rent, food and transportation are a total $5000 per month. Answer the following
Q1. How much is your gross income?
Q2. How much is your disposable income?
Q3. What is another more common word for disposable income?
Q4. How much is your discretionary income?
Q5. Give me one example of what you would use your discretionary income for and how much you'd spend on that item?