Earning

Meaning:

Earning refers to the money a person, business, or organization receives in  exchange for work, services, investments, or business profits. It is the income generated from  what you do or what you own.

Example:

For instance, if you work part-time at a café and earn ₹5,000 a month, that amount  is your earning.

How to understand earnings:

Earnings are essential for supporting daily life, including basic needs like food, housing, and  education.

They help build savings and wealth, contributing to financial stability.

Importance of Earnings:

Higher earnings allow for better lifestyle choices and long-term goals like buying a house or  planning for retirement.

Earnings boost economic growth as increased spending leads to more investment.