SOURCES OF FAMILY INCOME

The money that is received regularly by an individual, for providing goods or services, earnings from labor, business, or investments.

• Pension

• Income

The total income earned by all the members of the household.

• Family Income

• Pension

This is the payment made to the employee for services or work rendered. It is given regularly, either every fifteen days or every week.

• Family Business

• Salary

It is made by selling services or goods at a markup.

• profit

• savings

It is a fee paid to an agent or salesperson for enabling the sale of a service or product.

• commission

• family business

It is given by the government to veterans and senior citizens who have retired and had been active paying members in a security fund, such as the Social Security System (SSS) or the Government Service Insurance System (GSIS).

• salary

• pension

Money earned by an individual from investments or stock, it is payable at certain periods.

• dividends

• bonuses

Earned interest at a minimal amount invested in a bank or an insurance.

• savings

• salary