asked 202k views
2 votes
Kenneth shops for new clothes every week. He realizes that if he avoids shopping this often, he can save a significant part of his monthly expenses. He decides to control the urge to shop and succeeds in the attempt. In this case, Kenneth reduces his _____.​

asked
User Jaska
by
8.9k points

1 Answer

5 votes

Answer:

Discretionary Payments

Step-by-step explanation:

Based on the information provided within the question it can be said that In this case, Kenneth reduces his Discretionary Payments. These are short term or one off payments. Such as buying clothes, electronics, accessories, etc. Any purchases that are not necessities and instead are more of a type of luxury or quality of life product.

answered
User Ankitp
by
8.1k points
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