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 is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.