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Earnings
FinanceSource: Standard accounting / personal finance
Money you receive from work, projects, rewards, or other activity.
Example
Kai earns $12 for helping at a weekend stall and $8 for washing a neighbour's car. His earnings for the weekend are $20.
How it fits in
Earnings are one type of income. On a payslip, they usually sit before anything is taken off. In the Wealth simulator, earnings are the weekly salary amount your learner profile has reached before deductions are removed.
Where this is taught
Practise it on the platform
Related terms
Compound Interest
When the money you earn from saving starts earning its own money on top.
Simple Interest
Interest paid only on the original amount, never on the interest you have already earned.
Needs vs Wants
Needs are the things that keep you safe and well. Wants make life nicer. Mixing them up is what empties most budgets.