Mindmap

Ohne Titel

Jet Horse Englisch

Inhalt der Mindmap

Income is money received by an individual or a household
- Regular
  - Wages
    - Payment received for work
  - Jobseeker's Benefit
    - Payment made by the government to those who are unemployed and looking for work
  - State Pension
    - Money the government pay to those who have retired over the age of 66
  - Child Benefit
    - Monthly payment by the government to guardians of children
  - Received at set intervals
- Irregular
  - Overtime
    - Payment to employees for any extra hours they have worked
  - Bonus
    - Payment given to employees at certain times of the year
  - Loan
    - Sum of money that is borrowed from a financial institution that must be repaid with interest
  - Dividends
    - When a person buys shares in a company, they receive payments
  - Received from time to time
Benefit In Kind
- Non Money Income
Needs and Wants
- A need is something you require for survival
- Something you can live without