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Earned Income (Your Primary Job): This is the most common income stream for most people. It's the money you earn from your regular job, whether it's a salary, hourly wages, or commissions.   

Profit from Your Own Business: If you own a business (full-time or side hustle), the profits generated after expenses are a separate income stream. This could be anything from a small online store to a larger corporation.   

Interest Income: This comes from money you have in savings accounts, certificates of deposit (CDs), or from lending money (like through peer-to-peer lending or holding bonds).   

Dividend Income: If you own stocks in companies that pay dividends, you'll receive regular payments as a share of the company's profits.   

 

Rental Income: If you own real estate that you rent out to tenants, the rent payments you receive (minus expenses) form a stream of income.   

Capital Gains: This is the profit you make when you sell an asset (like stocks, real estate, or other investments) for more than you originally paid for it. This income stream isn't regular but can be significant.   

Royalties or Licensing Fees: If you've created intellectual property like a book, music, software, or a patent, you can earn income through royalties or licensing fees when others use your work.

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