Seven types of income 💴;

1 Earned - The most common type. This is money made from working a job.

2 Profit - Money made from selling a product or service for a profit.

3 Interest - Earned by lending money to others, typically through a savings account.

4 Rental - Earned by renting out real estate properties you own.

5 Capital gains - When you sell assets such as stocks for more than you bought them.

6 Dividend - Some companies pay dividends as a reward to shareholders.

7 Royalty - Earned by owning and licensing intellectual property, such as patents or copyrights.