2. Irregular expenditure is payment where the amount and/or when it is paid depends on how much the goods or services are used. For example, utility bills such as heating and electricity will be different depending on how much they have been used. Groceries may have to be bought more or less often than once a week, depending on a household’s needs.
Other examples of irregular expenditure include petrol, telephone bills and car servicing.
i
Irregular expenditure is payment where the amount and/or when it is paid depends on usage.
3. Discretionary expenditure is payment for things we want but do not need. This is optional spending if we have money leftover after paying our bills. For example, a holiday or a computer game.
Other examples of discretionary expenditure include TV subscription services, presents, concert tickets and eating out.
i A 40
Discretionary expenditure is payment for things we want but do not need.
Types of spending
Go to page 19 of your Activities and Accounts Book to identify the types of expenditures your household’s spending falls into.