Income refers to the money we earn or receive for our work, services, or investments. It’s the cash or resources that come into our possession, typically on a regular basis. Income can come from varios sources, such as a job or salary, business profits, rental income, interest on savings, or dividends from investments.
It’s the financial inflow that allows us to meet our expenses, save for the future, and achieve our goals. Managing income involves budgeting, ensuring it covers our needs, and making wise decisions to maximize its value and potential for financial well-being.
