What are different types of income?

TYPES OF INCOME

  • Wages. This is income you earn from a job, where you are paid an hourly rate to complete set tasks.
  • Salary. Similar to wages, this is money you earn from a job.
  • Commission.
  • Interest.
  • Selling something you create or own.
  • Investments.
  • Gifts.
  • Allowance/Pocket Money.

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