Facebook Linkedin Instagram X-twitter
Facebook Linkedin Instagram X-twitter

Non-Discretionary Expense

Glossary

Non-Discretionary Expense

A cost you must pay regardless of your financial circumstances. Many non-discretionary expenses are recurring ones. Examples include housing payments, utilities, groceries, insurance premiums and loan payments. Once these expenses are established, they become unavoidable and therefore should be paid before discretionary expenses are incurred. See Fixed Expense, Variable Expense

Back to Main Glossary

Your A‑to‑Z Glossary of Financial Terms