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Give an example of a time when you used a stereotype and it turned out to be incorrect. Why did you believe what you did? How did it affect your communication with the other person or group? How did your communication change after you realized the stereotype was incorrect? Use at least two terms from the chapter in your essay.
Discretionary Income
The portion of a person's income remaining for investment, savings, or expenditures after deducting taxes and essential living costs such as housing and food.
Personal Income
Refers to the total earnings received by individuals, including wages, salaries, bonuses, and income from investments.
Discretionary Income
the portion of an individual's income available for spending after the essentials (like food, shelter, and clothing) have been taken care of.
Household Budget
An estimation of revenue and expenses over a specified period for a home, serving as a plan for personal financial management.
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