The 4 Types of Income
Most people only think about income as a salary, but did you know there are four types of income?
Earned Income – Money from a job or freelance work.
Profit Income – Earnings from buying/selling (e.g., products).
Investment Income – From stocks, real estate, crypto, etc.
Passive Income – Income that comes regularly with little ongoing effort (e.g., digital products, rental income, royalties).