2 ms·
On the other hand, if large parts of your income are tied in near-fixed expenses (e.g. mortgage), then 20% more net income can mean doubling your discretionary
by PeterisP 5y ago
On the other hand, if large parts of your income are tied in near-fixed expenses (e.g. mortgage), then 20% more net income can mean doubling your discretionary spending, and 20% decrease - almost eliminating it.