Recurrent income
The term 'ingresos periódicos' is a Spanish phrase that translates to 'recurrent income' in English. It refers to a steady and predictable flow of income that is received regularly, perhaps on a monthly or yearly basis. This could be salaries, wages, rent from properties, dividend from investments, etc. It is usually in a fixed amount and is expected to continue over a long period of time. These predictable and continuous cash inflows contribute to the financial stability of individuals, families, and businesses alike.
Periodic income is essential for financial planning.
This phrase highlights the importance of having regular income when it comes to managing finances effectively.
It is important to diversify periodic income to ensure economic stability.
This sentence emphasizes the need to have various sources of regular income to maintain financial security.
Periodic income allows families to plan their monthly expenses.
This example shows how having a steady flow of income helps families manage and allocate their monthly budgets.