Earning

Meaning:

Earning is defined as the money a person, business, or organization receives in  exchange for work, services, investments, or business profits. It represents the income

generated from activities or assets owned.

Example:

For example, if a student earns ₹10,000 from tutoring, that amount is classified as  their earning.

How to understand earnings:

Earnings are crucial for managing household expenses, such as bills, groceries, and rent.

They provide the means to save and invest in opportunities like mutual funds or stocks.

Uses of Earnings:

Managing daily expenses like bills and groceries.

Building savings and emergency funds for unexpected situations.                                                                                  Paying off loans for homes, cars, and personal needs.