# Source of Income

Source of Income : simply means where the money came from. For example if you have a job, the company you work for is the source of income. If you have investments or savings that earn interest, then the interest (the bank) is the source of the income.

THERE ARE 7 MAIN INCOME SOURCES..

• Earned Income (working a job)
• Profit Income (business profits)
• Interest Income (bonds or lending)
• Rental Income (renting out property)
• Capital Gains (investment profits)
• Dividend Income (profit distributions)
• Royalty Income (Writing a book,Singing a Song, YouTube Videos etc..)