• General_Effort@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    ·
    8 months ago

    Think of some small family owned business, like a ma and pa shop. What they have after all expenses, the profit, is what they live off. That’s their “salary”.

    What you have left after all expenses is your savings. In a business, savings would be an investment, which does not count as profit.