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“Disposable income” is what’s left after debt repayment and essentials like food, health care, and shelter. What did you think it meant? I can’t make sense of
by twoodfin 10mo ago
“Disposable income” is what’s left after debt repayment and essentials like food, health care, and shelter.
What did you think it meant? I can’t make sense of your reply.
- lovich 10mo agoAh, and the calculation for what is “essentials” has stayed the same all this time? Does this capture if more people are renting and part of their expenditure on shelter each month is just spent vs a mortgage payment where the principal paid off gets you equity? I legitimately don’t know, but I know that single value graphs trying to summarize a complex situation are useless on their own and need more data to draw any conclusions from
- twoodfin 10mo agoI don’t know, either, but I’ve got data from the Fed, what would you suggest looking at instead?
- lovich 10mo ago> Chart that against education and training costs(not just college, let’s include things like trade school or mechanics needing to supply their own tools) and basics like housing.