8 Different Types of Income And How You Can Create Each One!
The 8 Different Types of Income Streams.
• Earned Income- Earned from working a job.
• Profit Income- Earned from buying and selling Products.
• Interest Income- Earned from Lending money.
• Residual Income- Earned when the job is done and you still get paid.
• Dividend Income- Earned through owning stocks/companies.
• Rental Income- Earned through renting out properties.
• Capital Gains Income- Earned through the sale of Appreciated Assets.
• Royalty Income- Earned through someone else selling your idea(s).