Income

Income is the money you receive from different sources.

  • It can be earned income, which is money you earn from various sources, like a job, tips, or from your business.
  • It could also be unearned income, which comes from your investments, like dividend from stocks, interest from bonds, or other investment income.

For more information, please visit: What are Income and Expenses? Extremely Simple Definitions for Kids

Easy Peasy Finance for Kids and Beginners
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