  We constructively prove the existence of time-discrete consumption processes
for stochastic money accounts that fulfill a pre-specified positively
homogeneous projection property (PHPP) and let the account always be positive
and exactly zero at the end. One possible example is consumption rates forming
a martingale under the above restrictions. For finite spaces, it is shown that
any strictly positive consumption strategy with restrictions as above possesses
at least one corresponding PHPP and could be constructed from it. We also
consider numeric examples under time-discrete and -continuous account
processes, cases with infinite time horizons and applications to income
drawdown and bonus theory.
