Just literally means where the money is coming from. For an individual income could be from multiple sources such as employment, investment and welfare for example. For business it's could be from a particular markets, products, customers, investments or government grants.
In my role as a financial planner, I serve clients with varying levels of income. But, my goal is the same for everyone I meet. I want to help rich families continue growing wealth while helping young families reach their financial goals.
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