For the Big Sky Country retailer, adjusting meant redirecting the stores focus away from
more discretionary items and toward commodities like food.
Now that these consequences are gone (and we are no longer building this equity each month), it is significantly more tempting to spend what used to be our monthly mortgage payment on
more discretionary items (vacations, furniture, etc.).
In my view, parents should pay for necessary things such as bus fare and lunches, and the allowance is for
more discretionary items.
The strength of retail trade has been broadly based, with growth in some of
the more discretionary items of expenditure, such as durable household goods and recreational goods, being particularly strong.
Not exact matches
Senate Republicans entered budget negotiations with a wish list of
more than a dozen
items to benefit the charter school sector, but in the end they settled for $ 54 million in additional funding for charter schools paid for by the state Senate out of its
discretionary fund and a renewal of some of the previous budget's pro-charter policies.
In setting your initial withdrawal rate, you'll also want to consider how much of your expenses you can cover from Social Security and any pensions, what other resources you have to draw on (home equity, income from an annuity, cash value life insurance, income from a part - time job) and how much of your retirement spending goes to essential expenses that you would have a hard time trimming vs.
discretionary items that leave you with a lot
more leeway cutting back should you need to in the future.
BlackRock's Retirement Expense Worksheet, for example, allows you to enter upwards of 50 separate expense
items in eight categories ranging from essential expenditures such as housing, food and insurance to
more discretionary outlays like entertainment, travel, gifts and charitable contributions.
«Because of social pressures to buy cosmetics, handbags, and clothes, women tend to spend
more than men on
discretionary items.
Don't forget coffee, dry cleaning and other small daily
items; many people discover they're spending much
more than they think on these «
discretionary»
items.
They are among the
discretionary items for which spending could be cut 22 percent or
more under the Republican budget plan, according to the Center on Budget and Policy Priorities.
In the Twin Cities, consumers» willingness to spend
more on
discretionary items like clothing, entertainment and food is helping landlords avoid large concessions, says Tricia Pitchford, senior real estate associate at United Properties in Bloomington, Minn. «We realize the market is a little bit quieter,» she says.