Income refers to the money or financial gain that an individual, household, or business receives in exchange for providing goods, services, or labor. It can come from various sources, including wages or salaries earned from employment, profits from self-employment, rental income from property, dividends from investments, and interest from savings. Income is a critical component of personal finance, as it affects an individual’s ability to meet expenses, save for the future, and invest in opportunities. It can be categorized as earned income (from employment or business), unearned income (from investments or passive sources), or transfer income (such as social security or government assistance). Overall, income plays a vital role in determining economic well-being and financial stability.
### Financial Assistance for Struggling Families In 2025, thousands of families will benefit from a significant monthly financial aid program provided by Social Security, potentially worth up to **1,500 euros**.…