Personal Income
An individual's total annual gross earnings coming from wages, business enterprises and various investments.
Income tax
A tax levied on net personal or business income.
A tax on any money earned during a fiscal year, usually filed on a yearly basis.
Disposable Income
The amount of income left after paying taxes.
Discretionary Income
The amount of an individual's income that is left for spending after the essentials have been taken care of.
Individual income that is not allocated for necessary items such as food and shelter.
Dual Income, No Kids - DINKS
A household in which there are two incomes and no children.
DINKS are often the target of marketing efforts for luxury items such as expensive cars and vacations.