You may be spending more on discretionary expenses than you realize. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain ...

In accounting, the term "accrual" refers to a journal entry where a revenue or expense item is recorded in the absence of an actual cash transaction. Discretionary expenses are non-essential expenses ...

Discretionary spending is non-essential spending that isn’t mandatory for your basic needs like shelter, food, healthcare, work and personal care. Many expenses are essential, but discretionary ...

Determining your fixed and variable expenses is paramount to effectively building a budget. But while accounting for necessary costs is a simple and straightforward task, including discretionary ...