FinanceSource: Standard payroll / personal finance
Regular money an employer pays you for doing a job.
Example
Maya works at a café. Every Friday she receives $80 for her shifts that week.
How it fits in
Salary is one source of income. A payslip shows gross pay, deductions and net pay for each pay period. In Money, salary is simulated and its amount changes when your salary band changes.
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.