Types of Income

Examples

100

 fixed salary of $100,000 a year paid to a doctor.

Salary

200

 self-employed person or entity contracted to perform work

Independent Contractor

300

When you buy something the sale it for a higher price then the original 

Capital Gains

400

if a worker has an hourly rate of $10.50 and works 40 hours in a given week, then their wages for that period would be 40 x $10.50 or $420.

Hourly Wages

500

if a company's dividend yield is 7% and you own $10,000 of its stock, you would see an annual payout of $700 or quarterly installments of $175.

Dividends

Examples

100

A family just finished up their food and decided to leave the servat some money for taking their order

Tips

200

A person who doesnt have a job

Uemployment

300

attending college and studying.

Education

400

Being good at something

Skills

500

Picking what job you want to have

Carreer choice

Example

100

GDP growth potential, the unemployment rate, inflation, and fiscal and monetary policy orientations.

Economic Conditions

Scenarios

100

I am good at singing

Skills

200

I am a waiter at long horn and I help order people order

Tips

300

I went to from having a high school diploma to graduating college

Education

400

I bought a pair of jordans for 230$ then I sold it to a customer who went shopping at my store for 270$

Capital Gains

500

I searched on the internet to find a job

Career choice 

Scenarios

100

I get paid every hour that I work

Hourly wages

200

I dont have any type of job because I got fired

Unemployment

300

I am a teacher and I get paid monthly

Salary

400

For my job I get paid regularly by a company to its shareholders out of its profits

Dividends

500

I am a self deployed person

Independent Contractor