Income Increase
Definition:
An income increase is a rise in one's earnings, often measured in terms of a percentage. This can be due to a number of factors, including a raise at work, a new job, or a side hustle that starts to generate more income.
Example:
Here are some examples of income increase:
A raise at work: This is the most common way to experience an income increase. If you are performing well at your job, you may be eligible for a raise.
A new job: If you take on a new job that pays more than your current job, you will experience an income increase.
A side hustle: If you start a side hustle that starts to generate more income, you will experience an income increase.
Inheritance: If you inherit money, you will experience an income increase.