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Old 20-06-2015, 05:02 PM #4
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Quote:
Originally Posted by mokka View Post
i don't know what you mean by disposable income... Because i define it as money left over after you have taxes taken off, after your bills are payed, after the nessesities in life like food and clothes are bought, and after you pay into you rrsp's or retirement ventures...

Now i assume most of this does not apply to a 16year old, but i don't know your situation, if you have to pay for your own transit to and from your job, if you have a cell phone and data plan you are responsible for, if you are forced into independance in such a way as to have other bills...

So essentially, it is all disposable to a 16 year old, but not all 16 year olds live in an ideal situation.
my answer was easier
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