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And finance Allah shmoop What is disposable personal income It's

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not the pennies you throw into a dumpster because they're

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not worth the extra weight in your pocket And it's

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not one hundred dollar bills you usedto light your Saturday

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night bonfires The term disposable personal income refers to the

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amount of money you have left over after paying taxes

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Your net pay the amount you have remaining Teo you

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know spend however you want Well it's the fourteen of

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the month payday You get the first of your bi

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monthly paychecks Your salary is fifty two grand a year

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In theory you should get two grand for each two

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week pay period right You have twenty six of them

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on to grant the thousand dollars a week roughly that

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you're earning But in practice that's not what you get

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to spend Some of the money comes out as taxes

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The party here paycheck that you can actually deposit in

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the bank on Lee comes to thirteen hundred thirty dollars

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Yep you start with two grand six hundred seventy then

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comes out as taxes Federal state county whatever And you're

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left with thirteen thirty That number is your disposable income

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will disposable personal income or D P I Is an

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economic stat tracked by the U S Department of Commerce

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It's part of a series of figures that gauge the

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wealth of consumer spending at least the ability to spend

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the more disposable income the more consumers have to spend

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the more money to slosh around in the economy Well

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of course Ah the amount of that disposable income you

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actually get to have fun with you know used to

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light bonfires and such Well that depends on how much

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money you make out of the disposable personal income You

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still have to pay for necessities you know like rent

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and food and the Internet and frappuccinos You know the

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basics If you're poor well that stuff takes up most

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storm or than all your disposable income You get a

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little raise and now you're disposable incomes three grand a

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month Out of that you have to pay your basic

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expenses right Your mortgages fifteen hundred bucks You spend five

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hundred dollars a month on food You have utilities like

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electricity and the Internet And you know all that stuff

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comes to around two hundred bucks at another hundred bucks

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for gas because you don't drive it Tesla at two

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hundred bucks for your car payment because you bought an

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expensive car Well you're already up to twenty five hundred

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dollars in bills and you haven't even bought your first

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Frappuccino What will you d'oh well by the end of

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the month there isn't a whole lot left over after

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that three grand you took in you know for clothes

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or insulin or something well your cousin does a little

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better he's a veterinary proctologist and pulls in ten thousand

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dollars a month in disposable income you know those guys

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make bank well his expenses are a little higher than

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yours three grand a month mortgage payment thousands wait for

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food three fifty for utilities two hundred for gas for

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fifty for the car payment you know all told his

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expenses come to five grand a month but that represents

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only half his disposable income he still has another five

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grand to go spend on trips to vegas our tickets

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to hamilton or you know just save well your other

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cousin is really doing well she's a famous tv chef

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and she brings in a one hundred fifty grand a

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month in disposable income Will her necessities are much more

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expensive Fifty grand in mortgage on her mansion thirteen grand

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a month for her household staff Five grand a month

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for the top and food flown in You know fresh

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still alive and kicking a grand for utilities Ten grand

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for her fleet of car payments Eight hundred a month

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for fresh cut rose petals to sprinkle around her bath

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each morning Yeah and the two hundred dollars a month

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she pays to her veterinary proctologist cousin to take care

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of her cats Hemorrhoids All told eighty grand in monthly

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expenses yet more than twice your yearly total disposable income

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Yeah she has another seventy thousand dollars each month on

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top of that amount which still needs to be disposed

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of Maybe she'LL take her cat on a nice spa

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vacation Tio let whiskers forget about his You know back

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side issues for awhile Yeah we could only hope Yeah

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