There are three types of income—Linear Income, Passive income, and Residual Income.
Linear income is the income you earned. it’s the boss paying you what he thinks you’re worth. At most jobs, you get paid based on how much you work. Since you can only work so much, your income potential at a regular job is […]
We started the financial education for our elder son when he was 6 years old. His weekly allowance was $2. He was told how to save his money in the piggy bank and how to make record using drawing. When he was 7 years old, his weekly allowance went to $3. At the time when […]