Do you have 'disposible income"?

@lacieice (2065)
United States
November 29, 2012 11:01am CST
Disposible income is the money you have left over after paying all your bills and taxes. In other words, it is "play money". Actually, if you go by the correct definition, it is called 'discretionary money', but must peole call it disposible money. I really wish I had some. I don't. After the bills are paid for the m month, I don't even have enough to buy enough food to last a whole month, and it sucks. I never buy clothes, or go out to eat, or even go to the movies. Well, I do go to the movies about twice a year, but only if it is a movie I just can't miss. How about you? Do you have 'extra' money to play with? What are your favorite ways to spend it?
5 people like this
21 responses
@TheCatLady (4695)
• Israel
3 Feb 13
Finally I have a bit. Not a lot, but I can order a pizza whenever I want or go to a movie. I remember when I didn't and it was tough. I lived on noodles or potatoes. Salt, butter and seasonings were luxuries that had to be thought about. Those were hard days, but thankfully they are over.
@lacieice (2065)
• United States
4 Feb 13
I can only hope these hard times for me will be over someday. Seems like it's going on forever, and it can get somewhat depressing.
• Israel
7 Feb 13
Times will get better. It seems many people are having a hard time of it in this economy. The world isn't always easy on us, but at least we live in a time that we can get enough food to stay alive even if it is from charity.
• Philippines
30 Nov 12
I sometimes have disposable income but I end up spending them by buying my son's school needs such as pencils, sharpeners, erasers, his toys, etc. Sometimes there are some emergency expenses such as gifts for unexpected birthday parties or reunions. Saving for me is quite difficult because they won't last for a month. I really need to earn more money in order to have savings. I sometimes eat out or buy clothes with the money too. It's different every month. For this December, it's for Christmas for sure.
@lacieice (2065)
• United States
30 Nov 12
Yea, it's hard to save when there is not enough money to make it through the month. I'm glad it's only me and hubby...no children to worry about anymore.
• Philippines
30 Nov 12
Oh, only the two of you. I hope you'll get more earnings so that you can buy your food that'll last a month, eat out sometimes and save some money. Money is really hard to earn and so easy to spend.
@devonavis (1857)
• Greece
30 Nov 12
I just encountered the term "disposable income" now...thanks for letting me know :) Well im not really earning a big amount of money right now so i have a very low disposable money but if i have, i would try to save it for future use :)
@lacieice (2065)
• United States
30 Nov 12
Perhaps, in time, your income will increase and you will be in a better position. It's always good to save.
@devonavis (1857)
• Greece
6 Jan 13
I hope so.
@yahnee (1250)
• Philippines
4 Feb 13
I am just too glad to finally be able to have some disposable income. No loans to pay on payday with enough to pay the utilities and necessities. It has certainly made my life less stressful as I don't have to seek small loans just to make ends meet until the next payday. With the disposable income, I am able to treat the children to some entertainment like the movies; however, the past experiences of not having any money has made me more wary of spending unnecessarily. Not that I have become stingy but I have become more responsible with handling money so as not to experience the same thing all over again. I have learned my lessons that without loans or indebtedness, even if the monthly pay is not too high it will be enough with some left for leisure.
@lacieice (2065)
• United States
4 Feb 13
Sounds like you're doing a great job of managing your finances. When we get the car paid off, maybe we will have enough to have a small bit of extra. Good job!!!
@ladym33 (11009)
• United States
12 Dec 12
Yes, we have a budget set up that works really well, and we pay our bills and put a set amount in to savings every month, then what ever is left over we split three ways 1/3 goes for family outings and for things like gifts and stuff like that, then I get 1/3 to spend however I like no questions asked and my husband gets 1/3 for what ever he wants no questions asked that way we don't fight over where the money goes. Some months there is more than others. Most of my extra money ends up going to the kids though, they often need things for school. I go to the movies maybe once a month, but I only go to matinees and I join the discount programs from the theaters. A lot of the extra money we have comes from things that I do on line where I make money such as mylot or Gather, but I do a lot of different sites and I do a lot of writing. That extra money comes in handy.
@lacieice (2065)
• United States
12 Dec 12
It sounds like you have a good system set up. I only wish I had a system like that, but after the bills are paid, there is not enough left to worry about.
@KrauseHome (33863)
• United States
3 Dec 12
Personally there are times we have extra and times like now where we are struggling. The winter months for us are always the hardest. I am wondering what can happen next. Lately it is living from disconnect notice to disconnect notice and wondering how to buy food etc as well. I keep believing and hoping one day it will be over but trying to do the best we can.
@lacieice (2065)
• United States
3 Dec 12
I totally understand what you are saying. There are times when my grandchildren want to come to stay the night, and I have to tell them no because there is very little food here. The worse part is, I don't see it getting any better in the foreseeable future.
@Cutie18f (9564)
• Philippines
30 Nov 12
I think it is the same anywhere Lac. No, I do not have disposable money in the real sense of the word. The money I make is not even enough to pay all my monthly bills so in some bills I am behind already. Well, that's life. We can't do the impossible.
@lacieice (2065)
• United States
30 Nov 12
You're rignt...as they say, 'you can't get blood from a stone'. I keep trying to find ways to make a couple extra bucks, but the prices keep going up, so it's like a lose lose situation.
@Nxwtypx (58)
• United States
30 Nov 12
I make a little bit over what I can spend to pay the minimums of my bills, but I use the remainder to continue to burn down debt. http://gomestic.com/personal-finance/escaping-debt/ details my goals to do this.
@lacieice (2065)
• United States
30 Nov 12
I see. It's a really good thing to get debts paid off as soon as possible. Sounds like you have a good plan.
@suildong (64)
• China
30 Nov 12
My situation is almost the same as you. I live in guangzhou, but I can't earn enough to have disposible money. I am thinking that if i have enough money, i will use it to invest, making much more money.
@lacieice (2065)
• United States
30 Nov 12
Yes, investing is good, but I don't think I'll ever have any to do that with. Thanks.
• Philippines
30 Nov 12
Well me, the disposible income that you're talking about is the only money that I can save in my bank. Disposible income would become Filipino's ways on saving their money, but because of the crisis that we experienced, we cannot have our disposible income instead, we always experiencing some income shortage. Nice question to think with and thanks for your sharing
@lacieice (2065)
• United States
30 Nov 12
I hear what you're saying. I've been experiencing an income shortage for several years now, and I don't see it ending anytime soon. Thank you for your reply.
@GandharD (148)
• India
30 Nov 12
Well... Even if income is good enough... Its spent on loan installments, payment of bills and salaries to all those who work at our place eg.maids.. Plus if you have children, you got to pay their school fees and other expenses.... So for a middle class person, it become difficult to save money for his own purpose...
@lacieice (2065)
• United States
30 Nov 12
That is so true. My childdren are grown, but there is still too much month left at the end of the money. I just wish I had enough to get through the month.
• United States
30 Nov 12
With 5 children by the time our bills are paid and needs are meet we very rarely have any money left over. when we do we try and plan a special outting something that is fun for everyone. Usually once or twice a year we get to do something special.
@lacieice (2065)
• United States
30 Nov 12
Just keeping them in clothes and shoes must be difficult!!! But, I'm glad to hear that you can do something special for the family on occasion.
• China
30 Nov 12
For me, there must be some disposable income, I mean, probably all my income now will become my disposable money. let me describe my all-day-life to u then u'll understand. I just got married and my mother-in-law and my father-in-law live near to ours, and they are very happy to see us having meals with them together, so we don't have to spend money on buying food stuff and related ones. Secondly, my company is 15 minutes far from my home so there's no need for the transport fees everyday, I only walk! And in the weekend, I barely go to the city center instead, I'll surfing online at home. By the way, all the fees for our electricity, water and gasoline ect will be paid by my mother-in-law, they want us to save the money we earned, maybe for the future necessaty when we have a baby(I guess). Therefore, I am so auspicious I have my disposible income haha.
@lacieice (2065)
• United States
30 Nov 12
You are very fortunate to have so much financial help. It sounds like you are in a good position to get yourself set up to, someday, be independent from other family members. Good luck.
• China
30 Nov 12
I can keep some amount of disposible income after paying all kinds of bills under the condition that i have a considerable payment. Usually the extra money will be spent on clothes. If posiible, i can also afford some digital products such cell phone or laptop.
@lacieice (2065)
• United States
30 Nov 12
It's nice to have a little left over for the fun things in life. Enjoy.
• United States
30 Nov 12
Right now, my disposible money is being used on senior items, a birthday party, and Christmas presents. Fortunately, Christmas presents are almost done. I have a few items left to buy and I'm done. This year, my daughter doesn't want a birthday party so it's just her and me going to have a lady's day out. :) As for my son's senior items....I'm just getting started.
@lacieice (2065)
• United States
30 Nov 12
I earn some money online that I save to buy Christmas gifts for my grandchildren. Without that money, there would be no gifts. I don't get any Christmas gifts. I don't really care about that, but it would make me really sad if I couldn't buy for others.
@stealthy (8190)
• United States
29 Nov 12
I have always tried to live frugally and within my means, so yes I have money left over. My first choice has always been to save and invest most of it. I have always done only what I could afford to do with any left over money within the bounds of also saving some. The only movies that I have been to for many years have been ones that I had free passes for that I won in some contest. The last time that occurred was in the Summer of 2011 and I won four free passes and ended up giving three of them away because there were not enough movies on that I really wanted to see before the passes would have expired. So I am even frugal and not wasteful with free things.
@lacieice (2065)
• United States
30 Nov 12
I commend you on your lifestyle since that is the way you choose to live. I would like, however, to be able to do some things once in a while. I go to the movies maybe once or twice a year, then it is always a matinee, which is discounted. I can't remember when the last time was that I ate in a restaurant. Some of the shirts I wear are 15 years old. I did buy a new blouse for Christmas last year. When my computer quit working, I got an old one from my son. It doesn't work real well, but it's the best I can do. I don't mind being frugal. I just mind that it makes me unhappy not to be able to enjoy life.
@sender621 (14956)
• United States
29 Nov 12
I wish i did have something keft over after the bills are all paid. money omlly goes so far and has to do so much. it can be difficult at times. disposable incme would come in handy.
@lacieice (2065)
• United States
29 Nov 12
You are so right. I would love to be able to go out and do something...like eat or just have fun, but there is never any money for that. Even to just go for a ride is out of the question with the price of gas. I get so tired of sitting at home.
@flowerchilde (12520)
• United States
29 Nov 12
I don't like the term, disposable.. as even money left over after bills and household groceries and necessities, for me, is spent on clothing or other necessary things.. I suppose sometimes it is disposable, as I likely have more clothing than what one can get by with. There's not a whole lot left over after bills and household groceries and necessities, but enough, right now, so that life is not stifling. But some weeks I will spend much less on groceries and necessities, such as around the holidays, when I am purchasing gifts for others.
@lacieice (2065)
• United States
29 Nov 12
I totally understand what you mean. If I ever do have any extra money, it goes to get the things I needed but couldn't get before. I rarely buy clothing. I just make do with what I have. Thanks.
@sajujohn (1009)
• India
29 Nov 12
After paying bills and other monthly expenses I will have some money left which normally I save. I think at this stage of my life I should save some amount so that it can come handy whenever needed. Normally I don't waste money by spending it on some useless thing. With saved money some times I will go for shopping,movies etc as what you said. I will also suggest you to try to save some amount so that you can spend it as you wish on a later occassion.
@lacieice (2065)
• United States
29 Nov 12
I would love to save some money...but there just isn't any to save. Every penny goes just to get through the month, and I don't see any end in sight. Thanks.
@nitinnair89 (2895)
• India
29 Nov 12
Hi. I save money on everyday basis. So when the time comes to pay the bills,etc. I make sure i save some to be content for the next couple of weeks or so.Why don't you save?
@lacieice (2065)
• United States
29 Nov 12
You asked why I don't save. There is no money to save. It all goes for bills and living expenses, like food. Believe me, I would save if I could. Thanks for replying.