Choices! What will it be? #71
Hello to all my steemian friends, and my heartfelt respectful greetings to all the seniors of Steem Ladies community
CONTEST & Winners! Choices! What will it be? #71 by @patjewell in Steem For Ladies
Income:
Income is a very important part of our life.
In this era of inflation, it has become very difficult to run the household expenses with the income of one person of the family. Every citizen of the whole world needs money, and we all keep trying day and night to fulfill it, but the only difference is that some of us become successful and some have to face failure.
We cannot run the entire household expenses with the income of one person of the family.
Nowadays, children's education and school fees have become so expensive that every parent cannot send their children to the desired school. They are not able to fulfill their needs.
If someone's source of income is very good, like if someone has a very good job, or if someone has a very good business running, then he can fulfill all his dreams.
Otherwise his family and himself will be forced to face financial problems.
Therefore, all the members of every house should make efforts and pay attention to the fact that it has become very important for them to have a good income.
Income:
The amount of money we get by doing some work or by saving our own money, maintaining a fixed account and the interest we get from it is called income. Income can be from any activity source.
Like when we have a job, or have some extra work or we do some business.
Income is our total income which we get in the form of wages and salaries, returns on deposits, pension or other forms.
Types of Income:
Earned Income:
Any income that comes from the sale of goods, services provided or work done is called earned income.
The only way to earn income in general is to work for a private or government employer and receive a salary. The more and sooner we get a salary, the easier it will be to become rich.
Capital Income:
Income received through ownership of property,
Like the profit received from selling a property, any interest, income from rent etc. is called capital income.
Passive Income:
The money that is earned in a way that does not require a lot of hard work is called passive income.
It can also be obtained from renting property. This is a way to earn money even after stopping work.
The conclusion is that we can earn from anywhere.
Importance of Income:
Income is very important for our family, it is a main necessity of our life.
Nowadays due to low income, people also look for sources of income from social media.
Because such a low income is not enough to meet the household expenses.
Let me give you an example.. I needed a lot of income, so I came to know about the steemit platform and when I started working on the steemit platform, I also started getting some income, in this way Steemit became a source of income for me.
The biggest advantage of this is that we can do our work on time and earn income while sitting at home in our free time along with our household and children's work.
I believe that saving some money from your income is also very important.
We should be very careful and wise about our income and we should not pay much attention to unnecessary expenditure.
We should spend our income to fulfill our needs.
If we control our expenses, we will be able to save some money from our income which can be useful to us when the time comes.
Thank you all for reading my post.
I hope and believe that you all must have liked my post.
I invite my 3 friends
@mini80, @thaizmaita and @eliany
Thank you, friend!


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This piece is wonderfully emphasizes the importance of the income and smart financial management. It is
inspiring to see how the platforms like Steemit can offer to additional sources of income for people in the need.best wishes my friends.
Thanks 😊
Hello friend,
Thank you very much for visiting my post and giving such a beautiful comment.
@dipi2024