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DISPOSABLE INCOME Disposable income is the amount of money left for spending or saving after all the bills and taxes have been paid. Because of increased wages and improved pensions people have more disposable income to spend on their leisure time. More people have made provisions for private pensions to give them an increased income in retirement. Below is a table to show the increase in disposable income we spend on leisure goods and services between 1971 and 1996. % Change over period 1971-81 1981-91 1991-96 1971-96 Leisure spending(at constant prices) Total spending on leisure goods/services +26 +33 +18 +98 Leisure spending per person +25 +30 +16 +89 The table shows that the money spent on leisure goods and services has increased a massive 98% showing it has nearly doubled since 1971.
Approximate Word count = 403 Approximate Pages = 1.6 (250 words per page double spaced)
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