All the money we earn and receive in our homes is called “income” or rent. There are different types of income, which are can be divided into two categorical groups main: Paid income and the Personal income.

a) Paid income:

The different payments we receive for a job or service performed are called paid income.
Here come the salaries, pensions, diets, and per diems that a company gives to its workers, for example.

b) Personal income:

Another type of income is personal, which comes from various sources. For example, the money one earns from renting a property or asset is considered personal income. Here also enter the profits of a business, inheritances and the interests that an investment generates.

Business profits:

Some people They have a small business that serves them supplement your income. Some of these independent entrepreneurs are dedicated exclusively to your business, while other people have a salaried job and in their Free time is spent in small business.  In both cases, business profits are an important source of income staff in your home. That is, the income net (gross income minus expenses minus taxes and social charges) of the business are which can be considered as an income home staff.

Remittances: 

Remittances are a source of personal income that usually comes from a relative abroad. According to the need of your family and the resources of your relatives, the remittance is regular or irregular and depends on personal circumstances between the sender and receiver.