Introduction
Earning income is one of the most important aspects of financial literacy. To manage money wisely, you must first understand how money comes into your life.
For young people aged 18–35, learning to earn income is a foundation for achieving independence, stability, and success.
In this module, we will explore:
- What income means.
- The different sources of income.
- The difference between active and passive income.
- The skills that create earning opportunities.
- The challenges young people face in earning income.
By understanding these, you will be better equipped to make informed financial decisions and create multiple streams of income that lead to long-term wealth.
SECTION 1: WHAT IS INCOME?
Income is the money you receive in exchange for your time, effort, ideas, or investments.
It can come from employment, business, gifts, or other sources.
Simply put, income is the inflow of money, while expenses are the outflow. To achieve financial growth, your inflow must exceed your outflow.
Formula:
Income – Expenses = Savings or Debt
When income is higher than expenses → you save.
When expenses are higher than income → you borrow or go into debt.
SECTION 2: DIFFERENT SOURCES OF INCOME
There are several ways to earn money. Some require physical work; others depend on investments or digital skills.
2.1 Employment Income (Salary or Wages)
This is the money you earn from working for someone else or an organization.
- Examples: Teachers, nurses, engineers, or office staff.
- Advantages: Regular pay, benefits, stability.
- Disadvantages: Limited earning potential; your income depends on your employer.
2.2 Business or Entrepreneurship Income
This comes from running your own business or side hustle.
- Examples: Selling clothes, food, digital products, or offering services.
- Advantages: Unlimited earning potential, independence.
- Disadvantages: Risk of loss, inconsistency.
2.3 Investment Income
This is money earned from assets such as savings, stocks, bonds, or real estate.
- Examples: Interest from savings, dividends from shares, or rent from property.
- Advantages: Can grow wealth over time.
- Disadvantages: Requires capital and patience.
2.4 Freelancing & the Gig Economy
This is income earned by offering your skills temporarily or online.
- Examples: Graphic design, writing, virtual assistance, tutoring, or driving for ride-hailing services.
- Advantages: Flexibility, multiple clients.
- Disadvantages: No job security; income can fluctuate.
2.5 Other Income Sources
- Gifts, grants, or allowances.
- Royalties from books, music, or creative work.
- Interest on savings or peer-to-peer lending.
SECTION 3: ACTIVE VS. PASSIVE INCOME
3.1 Active Income
This is money you earn by working directly for it.
If you stop working, the income stops.
- Examples: Salary, daily wages, or manual services.
3.2 Passive Income
This is money earned with little or no daily effort.
You work once and continue to earn over time.
- Examples: Rent from property, dividends, online courses, or royalties.
Goal:
Move from active to passive income by building assets that work for you, even when you rest.
SECTION 4: SKILLS THAT CREATE EARNING OPPORTUNITIES
Earning income in today’s economy requires more than hard work, it requires skills that add value.
4.1 Digital Skills
In a technology-driven world, learning digital skills can open global income opportunities.
- Examples: Social media management, web design, video editing, content creation, data analysis.
4.2 Entrepreneurial Skills
- Creativity, innovation, problem-solving, and risk management help you start and grow businesses.
4.3 Soft Skills
- Communication, teamwork, leadership, and emotional intelligence help you attract clients and employers.
4.4 Financial Literacy Skills
- Understanding money, budgeting, and investing helps you manage your earnings wisely and grow wealth.
Tip for Young People:
Develop at least one skill that can earn you income online or offline.
SECTION 5: CHALLENGES YOUNG PEOPLE FACE IN EARNING INCOME
- Unemployment: Many young people struggle to find jobs after graduation.
- Low-paying jobs: Even employed youth often earn below living standards.
- Lack of skills: Limited access to training reduces competitiveness.
- Limited capital: Many young entrepreneurs lack funds to start or expand.
- Poor financial habits: Some waste earnings on wants instead of saving or investing.
Overcoming these challenges requires education, creativity, and a mindset of continuous learning.
SECTION 6: LINKING INCOME TO FINANCIAL LITERACY AND POVERTY REDUCTION
Financial literacy teaches you to manage the income you earn. Without financial skills, even a high income can vanish through poor decisions.
Young people who understand how to earn, manage, save, and invest income can break the cycle of poverty and create opportunities for others.
Formula for Financial Growth:
Earn → Save → Invest → Grow → Give
SECTION 7: TEACHING STUDENTS ABOUT INCOME (SCHOOL APPLICATION – KAFI CLUBS)
As a KAFI Leader, teach students:
- What income is and its sources.
- The difference between active and passive income.
- The importance of skill development.
- How to brainstorm ways to earn money ethically and creatively.
Sample Classroom Activities:
- Income Brainstorming: Ask students to list 5 ways to earn money in school.
- Role Play: Simulate a small business or part-time job.
- Guest Speaker: Invite a young entrepreneur to share real-life experiences.
SECTION 8: CASE STUDIES (GLOBAL EXAMPLES)
Case Study 1 – Maria (24, Kenya):
Maria started teaching digital marketing online. Within a year, she earned enough to open a small agency employing other youth.
Case Study 2 – David (28, India):
David used his photography skills to start a freelancing career. His income grew from side jobs to full-time entrepreneurship.
Case Study 3 – Sarah (22, Canada):
Sarah began investing her internship savings into mutual funds. Over time, she built a steady stream of passive income.
SECTION 9: PRACTICAL EXERCISES FOR LEARNERS
- Identify three sources of income available to you right now.
- Categorize your income as active or passive.
- Research one digital skill you can learn to increase income.
- Interview a local entrepreneur about how they earn and manage money.
- Share your findings in your next KAFI Club meeting.
SECTION 10: KEY TAKEAWAYS
- Income is the inflow of money received from various sources.
- There are active and passive types of income.
- Building skills increases your earning power.
- Financial literacy helps you manage income wisely.
- The goal is not just to earn, but to grow and sustain income.
Conclusion
Earning income is more than making money, it’s about creating value, using skills, and managing opportunities wisely.
When young people learn how to earn ethically and sustainably, they gain independence, build wealth, and inspire others to do the same.
As a Financial Literacy Leader, your mission is to help others discover their potential to earn and grow, thereby reducing poverty and promoting economic empowerment across communities.
Kindly share a summary of what you have learnt in the comment below in this format:
- Full name:
- Country:
- Summary of what you have learnt:
Join KAFI Community
Steve Zimheni From Zimbabwe
ReplyDeleteI've learned that earning income is crucial for financial stability and growth. I've gained insights into different sources of income, including employment, business, investments, freelancing, and passive income. The case studies of Maria, David, and Sarah have shown me real-life examples of how individuals can leverage their skills and interests to create successful income-generating opportunities. Maria's digital marketing business, David's freelancing photography career, and Sarah's investment strategy have demonstrated the potential for financial growth and independence. I've also understood the importance of developing skills that create earning opportunities, such as digital skills, entrepreneurial skills, and financial literacy. By applying these principles, I'm empowered to make informed financial decisions, create multiple streams of income, and achieve long-term wealth. I'll use this knowledge to teach students about income, financial literacy, and economic empowerment, inspiring them to take control of their financial futures.
JAMES MANINJALA
ReplyDeleteMALAWI
My summary for Day 3 Building Stability
Financial Literacy: Earning Income
Understanding how income is earned is a key part of financial literacy. Income can come from active sources (jobs, services, businesses) or passive sources (investments, royalties, savings interest). I learn that depending only on one stream of income is risky, and diversification helps build financial resilience. For me, this was a wake-up call because I rely heavily on one source of income. I now understand the importance of creating additional streams, even if they start small.
Martha siakabizi
ReplyDeleteZambia
Lesson: income is Money in through gifts, employment, investment and entrepreneurship.
We can create income through Financial Literacy Skills,Soft Skills, Entrepreneurial Skills and Digital Skills.
Adewuyi Anuoluwapo Damilola
ReplyDeleteNigeria.
I learn that Income -expenses=Savings or debt.
Moving forward they taught about learning online and offline skill to help us learn a passive and active income.Also how we can teach young people how they can be part time business to gain money to invest and also use to create wealth.
full name: malama pole
ReplyDeletecountry: zambia
This module provides a comprehensive understanding of earning income, developing skills, and managing finances to achieve financial stability and growth.the 5 points i have taken from this module are as follows:
1. Income sources: Employment, business, investments, freelancing, and other sources.
2. Active vs. passive income: Active income requires direct effort, while passive income generates earnings with little or no daily effort.
3. Skills for earning: Digital skills, entrepreneurial skills, soft skills, and financial literacy skills.
4. Challenges: Unemployment, low-paying jobs, lack of skills, limited capital, and poor financial habits.
5. Financial growth formula: Earn, save, invest, grow, and give.
John Suab Kallon from Sierra Leone
ReplyDeleteI have learned that earning income is a vital foundation for achieving financial stability and growth. Through this module, I gained valuable insights into the different sources of income, including employment, business, investments, freelancing, and passive income. Understanding these sources has broadened my perspective on how individuals can diversify their earnings and achieve financial independence.
The case studies of Maria, David, and Sarah provided real-life examples of how people can leverage their skills and passions to create successful income-generating opportunities. Maria’s digital marketing business, David’s freelancing photography career, and Sarah’s investment strategy each demonstrate how creativity, dedication, and financial literacy can lead to lasting success and independence.
I also learned about the importance of developing marketable skills—such as digital literacy, entrepreneurship, and sound financial managementthat open doors to new earning opportunities. By applying these principles, I feel empowered to make informed financial decisions, create multiple streams of income, and build long-term wealth.
As a KAFI Club leader, I plan to share this knowledge with students by teaching them about income generation, financial literacy, and economic empowerment. My goal is to inspire them to take control of their financial futures, explore their talents, and become proactive contributors to their communities’ economic growth.
Kapumbwe Samuel
ReplyDeleteZambia
I've understood that earning income comes along with its own challenges and in order to overcome them, one must be creative and a mind that focuses on continuous learning
Emmanuel Oche
ReplyDeleteNigeria
Understanding the inflow of money whether active or passive is crucial for a good financial decision making. Young leaders and entry level professionals should not just earn money but also prioritize savings, investing and developing digital skills, entrepreneurship skill or starting up a side business to amplify their income.
Victor Osaba ongala from Kenya I have learnt the importance of income and it's meaning and various ways of getting income,I have again learnt financial management system
ReplyDeleteChisomo chikanongo from Malawi.
ReplyDeleteI have learnt about different sources of income, including active income, passive income, and freelancing in the gig economy. Active income requires direct work, while passive income continues even when you are not actively working, though it may require initial capital and patience. Freelancing offers flexibility and multiple clients but comes with income fluctuations. Understanding these income types helps me plan for financial stability and empowers me to share financial literacy knowledge with others including students.
Chisomo Chimbayo from Malawi.
ReplyDeleteIn this module, I've learnt that income is the tool that can either create opportunities for a person or keep them trapped in financial debts. If a person manages what they earn properly, you might be able to invest in your dreams and pay for your needs. Some of the ways in which income can be earned include receiving salary from work, freelancing and entrepreneurship. Income can either be active or passive. Active income is the type of income which is earned by working. For example, teaching, nursing etc. Passive income on the other hand is the type of income that is earned without effort. For example money earned from rent of a property. For an entrepreneur, the goal is to combine both the active and passive ways of earning income to increase the amount that is to be earned. Having enough money enables one to be financially independent and stable. Some income earning opportunities include digital skills such as video editing and content Creating, entrepreneurship and financial literacy. In financial literacy, having proper knowledge and understanding on how to budget ensures that income is used for essential stuff rather thanit being lost through careless spending.
Eunice Louis
ReplyDeleteMalawi
I have learnt that earning income is an important aspect of financial independence and stability. People earn money from work, business, investments, or creativity. Young people can earn through various sources, such as employment, entrepreneurship, freelancing, and investments, and understanding the difference between active income (earned through direct effort) and passive income (earned with minimal ongoing work) is crucial. Building valuable skills like digital literacy, entrepreneurship, soft skills, and financial literacy can expand earning opportunities. Despite facing a lot of challenges like unemployment, low pay, and limited capital, continuous learning and innovation can help overcome these barriers. By applying financial literacy principles, such as earning, saving, investing, and growing, young people can break the cycle of poverty, create sustainable wealth, and empower others to do the same, ultimately driving economic empowerment and positive change in their communities.
Nyapendi Margret
ReplyDeleteUganda🇺🇬
I understand Earning income as the process of receiving money in exchange for work, skills, or investment. It can come from employment, business, farming, or other productive activities. Understanding how to earn and manage income wisely is the first step toward financial independence and stability.
Income is the reward for your effort and creativity—how you use it determines your financial future.
OLIVIA KAMPHALE
ReplyDeleteMALAWI
Brief Summary
Income is the money that one gets after doing something that require their time and effort. This money when spent is called an expense. People get income by working for others and receiving a salary, doing business, investing, freelancing and other ways. Active income is earned directly using ones’ effort and time while passive income does not require one to use their efforts daily. Some of the skills that can help one to have income include digital skills, entrepreneurship skills, soft skills and financial literacy skills. Unemployment, jobs with low pays, lack of skills, and not knowing how to manage money hinder young people from getting income. This is why financial literacy is important because it helps young people to manage their income wisely.
Handema Harold
ReplyDeleteZambia
The module teaches young people how to earn income through various sources, including active and passive income. It emphasizes building skills, financial literacy, and creating value. Practical exercises help learners identify income opportunities, develop digital skills, and learn from entrepreneurs. The goal is to empower them to gain independence, build wealth, and promote economic empowerment.
Mulenga Nsama
ReplyDeleteZambia
From the module, I have learnt that Income is the money you receive in exchange for your time, effort, ideas, or investments. Income can be generated from various means such as employment, running a business, earning returns on investments like stock or real estate.
Name: Tumanjong Miranda
ReplyDeleteCountry: Cameroon
Day 3 Summary
Income is the money a person receives in exchange for your time, effort, ideas, or investments. It is the foundation of financial journey. Some sources of income are salary or wages, business or entrepreneurship income, Investment income, freelancing. Active income is money earned from working and ends when you stop working. Passive income is money earned with little or no daily effort.
Young people should be able to combine active and passive income to gain financial freedom.
Joseph Phiri
ReplyDeleteZambia
Nice lesson I've learned that earning income is a vital component of financial literacy, and it requires understanding various sources of income, including employment, business, investments, freelancing, and passive income. I've gained valuable insights into the significance of acquiring skills that enhance earning potential, such as digital skills like social media management and web design, entrepreneurial skills like creativity and risk management, soft skills like communication and teamwork, and financial literacy skills like budgeting and investing. Furthermore, I've come to understand the challenges that young people face in earning income, including unemployment, low-paying jobs, limited access to training, and poor financial habits. I've also learned about the importance of financial literacy in managing income effectively, breaking the cycle of poverty, and achieving long-term financial stability. By applying these concepts, I can empower myself and others to take control of our financial lives, make informed decisions, and create opportunities for economic growth and independence.
HAKIZIMANA Theoneste
ReplyDeleteRwanda
Money flows where effort begins,
Through work, ideas, and creative spins.
Income is earned — both active and still,
From skills we sharpen, with purpose and will.
To earn is more than chasing pay,
It’s using our gifts in a wiser way.
From jobs, from business, from dreams we pursue,
Each path is open — it starts with you.
Build skills, stay learning, keep values true,
Let saving and investing guide what you do.
For income grows when managed right,
Turning darkness of poverty into light.
The goal’s not just to earn and spend,
But to grow, give back, and help lives mend.
With knowledge, courage, and steady climb,
We shape our wealth — one step at a time.
Grace Victoria Nkhoma
ReplyDeleteMalawi
From this module l have learnt that income is the money earned in exchange of time, ideas, efforts or investments . Through this module l have known different sources of income for instance employment, business or entrepreneur income, investment. I have also known active income that is money earned by working directly while passive is the income earned with little or no dairy time for instance rent from property. Through this module l have also known the skills that create earning opportunities like digital skills, entrepreneur skills , financial literacy skills,and the challenges that young people face in earning income like unemployment, low paying jobs , lack of skills, poor financial habits . I have also gained insights on the relationship between income to financial literacy and poverty reduction that financial literacy teaches to manage the income earned without financial literacy income earned can end with poor decisions , and only young people who understands how to earn , manage ,save and invest can break the cycle of poverty and creat opportunities for others , lastly through this module l hv known how to teach students about income .
Blessmore Mahuka
ReplyDeleteCountry Zimbabwe
Earning is one of the most important steps in financial literacy. To be able to properly manage money you must first earn money and understand how money comes into your life . Income is money received in exchange for your services. Income is the inflow of money which makes expenses the opposite. There are different sources of income for example , employment, business, investment, freelance etc. There is active Income , which is money you earn by working directly and then there is passive income which is money you earn with little to no effort. Skills that create income are digital skills, entrepreneurial skills, soft skills , financial literacy skills . however as young people we face challenges in trying to earn money ,challenges such as unemployment , low paying jobs , low capital and poor financial habits. you then use financial literacy to properly save your Income and be a financial leader that teaches others
I'm Janet Musate from Malawi. Income is money received in exchange for your time, effort, ideas, or investments. Managing income wisely means ensuring your inflow exceeds your outflow, allowing you to save rather than incur debt. Different Sources of Income, Employment Income, Business or Entrepreneurship Income, Investment Income, Freelancing & Gig Economy and Other Sources like Gifts and royalties. Active Income earned by direct work and stops if you stop working., Passive Income earned with little ongoing effort after initial work. The goal is to build assets that generate passive income over time. Digital Skills, Entrepreneurial Skills, Soft Skills and Financial Literacy are skills used in creating earning opportunities. Challenges Young People Face are unemployment, low wages, lack of skills, limited capital, and poor financial habits hinder income growth. Overcoming these requires education, creativity, and continuous learning. Financial literacy enables managing income wisely to break poverty cycles. The formula for financial growth is:Earn → Save → Invest → Grow → Give. Use activities like brainstorming income ideas, role plays, and inviting entrepreneurs to share experience. Practical Exercises to do Identify current income sources, Categorize income as active or passive and more.
ReplyDeleteFull name: Eldien Elana Matroos.
ReplyDeleteCountry: Namibia
Day 3, Module 4
Summary of what i've learnt:
I discovered that income is the money we get from our jobs, businesses, or investments, and that the cornerstone of financial freedom is knowing how to make it prudently. Employment, business, freelancing, and investments are some of the several revenue streams; each has advantages and disadvantages of its own. Additionally, I discovered the distinction between passive income, which grows even when we are not actively working, and active income, which is reliant on daily labor. For long-term stability, the main objective is to create several revenue streams and progressively transition from active to passive income.
Additionally, I found that young people have more earning prospects when they enhance their digital, entrepreneurial, and financial literacy abilities. This session demonstrated how innovation, ongoing education, and prudent money management may help overcome obstacles like unemployment and low capital. Making money is only one aspect of earning income; other aspects include adding value, employing abilities sensibly, and fostering the development of others. I am motivated to teach kids about ethical earning, saving, and investing as a KAFI Hub leader in order to encourage financial empowerment and the fight against poverty in our communities.
Income is the money you’re getting. You can get income in many ways ; jobs , businesses, gigs and allowances and others
ReplyDeleteEmployed people receive salaries that’s what they get at the end of every month . Entrepreneurs get money every time they make a sale and if their business is flourishing they make profits . There are challenges that people face during this earning income journey; losing jobs , making loses, lack of capital , lack of skill. Nevertheless other people get money from investments but there also risk in the way so that is why there are risk management companies . But all in all financial empowerment can fight against poverty
Seshther Banda
ReplyDeleteMalawi
Income is the money earned from various sources, including employment, business, investments, freelancing, and more. Understanding different income types, such as active and passive income, can help individuals manage their finances effectively. Building skills, whether digital, entrepreneurial, or soft skills, can increase earning potential. Financial literacy is crucial for managing income wisely, saving, and investing. By teaching young people about income and financial literacy, we can empower them to break the cycle of poverty, achieve financial independence, and create opportunities for others.
Wilned Mhango from Malawi
ReplyDeleteFrom this module, i have learnt that income is the money we receive in exchange for our time, effort,ideas and Investments.
Sources of income such as employment, business, investment and freelancing. Income can be categorised into two namely; Active and Passive income. Active income comes direct from the work while Passive income continues to flow with little effort after initial work or investment.
I have also learnt that developing skills such as digital, entrepreneurial,soft and financial literacy skills increase earning opportunities.
Challenges faced by young people such as unemployment,low pay,and limited capital can be overcome by creativity, continuous learning and proper financial management.
From this module,i have realised that creating multiple sources of income and empowering others can contribute to poverty reduction.
Full name: Christine Caramba-Coker
ReplyDeleteCountry: Sierra Leone
Summary of what I have learnt:
I have learnt that earning income is the foundation of financial independence and stability. Income comes from different sources such as employment, business, investments, and freelancing, and it can be either active (earned through work) or passive (earned with little ongoing effort). I now understand the importance of developing digital, entrepreneurial, and soft skills to increase my earning potential and create multiple streams of income. I also learnt that financial literacy helps manage income wisely through saving, investing, and growing wealth sustainably. As a KAFI leader, I can teach students to see income not just as money earned, but as a tool for empowerment and long-term poverty reduction.
Ivy Mwanguku
ReplyDeleteMalawi
Summary of what I have learnt:
I have learnt that income is the money we earn from work, business, or investments. There are many ways to earn money, such as having a job, starting a business, investing, or freelancing. Income can be active (you work for it) or passive (it keeps coming with little work). To earn more, young people need skills like digital, business, soft, and financial skills. Many youths face challenges like unemployment, low pay, and lack of capital, but these can be solved through learning and creativity. Financial literacy helps us manage, save, and invest our money wisely. The best way to grow financially is to Earn -Save - Invest - Grow -Give. Learning to earn income builds independence, reduces poverty, and helps us create opportunities for others.
ReplyDeleteMission kumwenda
Malawi
I have learnt that
Earning an income provides financial stability, security, and freedom, allowing individuals to support themselves and their loved ones. The reasons for earning an income include meeting basic needs, achieving financial goals, building wealth, and enjoying a certain standard of living. Income can come from various sources, such as a salary, investments, or entrepreneurial ventures, and can provide a sense of purpose, personal fulfillment, and independence. By earning a steady income, individuals can plan for the future, manage risk, and create opportunities for growth and development.
Nadine R Putana
ReplyDeleteZimbabwe
From this module l leant that earning money is not just about getting paid, but also about creating value and using one's skills wisely. I understood that there are different types of income, such as active and passive income. Building skills and being financially literate can help me manage my money better and increase my earning potential. I was inspired by stories of young entrepreneurs who have successfully earned and grown their income. As a Financial Literacy Leader, I want to help others learn how to earn and manage money wisely.
Name: Chileshe Kabeke
ReplyDeleteCountry: Zambia
After all the hustle and great effort put in with relation to financial literacies implementation and actualization, the most rewarding part of it all is earning the income. In order to manage money we must learn how to create, sustain and multiply it. This can be done by looking at the different sources of income. Some require physical work while others depend on investment or digital skills and other stipends come from having your business, entrepreneurship, investment income, freelancing or other sources of income. Therefore it is always important to note what's passive and active income because the goal is to move from having active income to passive. Earning income today requires different skills that add value like entrepreneurship skills, soft skills like communication leadership teamwork, and financial literacy skills. However all this hustling comes with it's own challenges like unemployment, low paying jobs, lack of skills, limited capital and poor financial habits. It is therefore important to link income to financial literacy and poverty reduction as one leads to the other. It is also important to teach students about income and it's application in the KAFI clubs as it will enable others discover their potential to earn and grow thereby reducing poverty and promoting empowerment.
Dineo Lorraine Mphuti
ReplyDeleteSouth Africa
What I have learnt is that the income you receive does create a foundation for your path if it will lead to more poverty(debt) or creating other opportunities(doubling your money). Regardless of the amount you receive you should be able to generate an extra income on the side. For instance , you could try to use the skills you already have you should be able to generate some income from it. If you think the skills you have is not enough then you can go online get extra courses to develop your own business which could venture into something big.
Tinkhe Munthali From Malawi
ReplyDeleteIncome is the money that you receive . Aperson need to understand the inflow of money to achieve the financial growth .
Income can be active like having a job ,this can stop as you stop working but Passive income is type of income that comes when building assets.
Earning money needs someone to create skills that will help to create opportunities .Young people need to have skills to help them find Jobs and open up business this will help to reduce financial illiterancy therefore reducing poverty and promoting economic empowerment .
Maitumelo Mighty Dagwi
ReplyDeleteBotswana
My key learnings are:
1. Income comes from various sources (active and passive)
2. Building skills increases earning potential
3. Financial literacy is crucial for managing income wisely
Real-life examples show young entrepreneurs creating value, earning income, and achieving financial independence. Practical exercises help learners identify income sources, research digital skills and interview entrepreneurs.
The goal is to empower young people to earn, grow and sustain income promoting economic independence and community development.
Name: Esau Kanu
ReplyDeleteCountry: Sierra Leone
I learnt that earning income is a key part of financial literacy and a foundation for independence and wealth. Income comes from various sources such as employment, business, investments, freelancing, and other streams, and can be either active (earned through work) or passive (earned with little ongoing effort). Building valuable skills—digital, entrepreneurial, soft, and financial—opens up earning opportunities, while financial literacy ensures that income is managed wisely to achieve growth. Although young people, like myself, face challenges like unemployment, low wages, and limited capital, continuous learning and creativity can help overcome these barriers. By understanding how to earn, save, invest, and grow money, individuals can build sustainable wealth, break the cycle of poverty, and create positive impact in their communities.
Thank you.
Rejoice Chingagwe
ReplyDeleteMalawi
From this lesson, i have picked that income is not just money earned from jobs. It varies from investment, freelancing and business ventures. I have also learnt that there are types of people income like active income in which you get income only when you are working and if you stop, the income also stops.you.Then we have passive income.and this is the income that still comes in even after you stop working. For people et o have any form of income, they must develop a set of skills like graphic skills,and digital skills just to mention a few. Income is essential in wanting to get financial independence one is able to put their own skills to use in a world of limited job opportunities and with responsibilities for stretching to family. Ad leaders, we must possess these skills to be financial stable
Sikhulile Hlatjwako, Eswatini
ReplyDeleteYoung people often struggle to earn income due to limited job opportunities, lack of experience, and a gap between their skills and market needs. Many face low wages, difficulty accessing funding, and limited mentorship. Economic instability and reliance on informal work also make it hard to achieve financial independence.
Tadala Kandeya
ReplyDeleteFrom Malawi 🇲🇼
In this module, I have learnt that income is money received for time, effort, ideas, or investments, from sources like employment, business, or gifts, it is inflow, while expenses are outflow. Sources of income vary that is to say some require physical work, others investments or digital skills, like employment be it salary or wages. Active income comes from direct work. Passive income requires initial effort but continues such as rent, dividends, online courses. The main goal is to build assets for passive income to earn while resting.
Mwila Zulu
ReplyDeleteZambia,
From this lesson on Earning income I've learnt that Earning an income is crucial for financial stability and financial independence. Income can come in two forms active and passive. In order to achieve financial freedom you have to create multiple sources of income and while practicing saving , investing you can achieve financial independence
- Full name: Jabir Tukur Bakiyawa
ReplyDelete- Country: Nigeria
- Summary of what I have learnt:
I have learnt that income is the money we earn through work, business, or investments, and it is the foundation of financial growth. There are different types of income—active (from working) and passive (from assets)—and building skills like digital, entrepreneurial, and financial literacy can help us earn more. I now understand the importance of managing income wisely, creating multiple streams, and using it to reduce poverty. As a KAFI Leader, I’m inspired to teach others how to earn ethically, save, invest, and grow their income for a better future.
Blessings Michael H. Chiwale
ReplyDeleteFrom Malawi
I have learnt types of income and ways of acquiring it with emphasis on skills that are critical but we normally neglect such as networking. And not forgetting the importance to move from active to passive income generation sources.
Sphiwe Kaluwa
ReplyDeleteMalawi
I have learnt that earning income is a key part of financial literacy and the foundation for financial independence, stability, and growth. Income is money received in exchange for time, effort, ideas, or investments, and it can come from employment, business, investments, freelancing, gifts, or other sources. There are two main types: active income, which requires direct work, and passive income, which continues even with minimal ongoing effort.
Developing skills is crucial to increase earning potential, including digital skills, entrepreneurial skills, soft skills, and financial literacy skills. Young people face challenges such as unemployment, low pay, limited skills, and lack of capital, but creativity, continuous learning, and financial literacy can help overcome these barriers.
By understanding how to earn, manage, save, and invest income, young people can create multiple streams of income, achieve financial growth, and reduce poverty. As a KAFI Club leader, I can teach students about income, help them explore opportunities, and inspire them to develop skills, combine active and passive income, and manage finances wisely for long-term wealth and economic empowerment.
Name :Precious Joshua Mkomo
ReplyDeleteCountry : Malawi
The module on earning income emphasizes the importance of understanding income sources, types, and skills for financial literacy. Income can come from employment, business, investments, freelancing, or other sources. Active income requires direct effort, while passive income generates earnings with minimal effort. Developing digital, entrepreneurial, soft, and financial literacy skills can increase earning potential. Young people face challenges such as unemployment, low-paying jobs, and limited access to training, but can overcome these through education, creativity, and continuous learning. The module provides practical exercises and case studies to help learners understand income, identify earning opportunities, and manage their finances wisely. By applying these principles, young leaders can empower themselves and others to achieve financial independence and reduce poverty.
Precious Helard
ReplyDeleteMalawi
foundation of financial independence and stability. It involves understanding income sources, employment, business, investments, freelancing, and passive earnings. Developing digital, entrepreneurial, and financial skills enhances earning potential. By managing income wisely through financial literacy, young people can overcome challenges, build wealth, and break the cycle of poverty.
JAIRUS MAKOKHA MAYIKUVA
ReplyDeleteFROM KENYA.
Income is the money you receive in exchange for your time, effort, ideas, or investments.
It can come from employment, business, gifts, or other sources.
We have several ways of earning money. Some require physical work; others depend on investments or digital skills.
CHALLENGES YOUNG PEOPLE FACE IN EARNING INCOME
1. Unemployment
2. Low-paying jobs
3. Lack of skills
4. Limited capital
5. Poor financial habits
Buhle Simon Mnguni
ReplyDeleteSouth Africa
This module covers understanding income sources, building skills for earning, and managing money wisely. Key points include:
- *Income Types*: Active and passive income streams.
- *Skill Development*: Building skills increases earning power.
- *Financial Literacy*: Managing income for growth, sustainability, and empowerment.
The module emphasizes that earning income is about creating value, using skills, and managing opportunities wisely, leading to independence, wealth, and community empowerment.
Full name: Nicholas Kachinga Emanimani
ReplyDeleteCountry: Kenya
Summary of what I have learnt in this Module,
I have learnt that income is the money we receive from different sources, and it can either be active, which comes from direct work or effort, or passive, which is earned with little ongoing effort, like investments. I now understand the importance of developing digital and practical skills to increase my earning potential. Financial literacy helps me not only earn but also manage and grow my income wisely. True financial success is about creating value, being consistent, and making choices that lead to long-term independence and community empowerment.
Alinafe Mponda from Malawi
ReplyDeleteI have learned that income is the money we receive from our work, business, or investments. It can be active, where we work to earn, or passive, where money comes in with little effort. Earning income helps us become financially independent and stable. I also learned the importance of developing skills, saving, and investing to grow income and reduce poverty.
Phalane TEBATSO CASCHNER from South Africa.
ReplyDeleteIncome is the flow of money.As young people we must develop a skill that can produce an income online or offline .
Income help us to get out of poverty.
Full NAME: mark Injendi mutoro
ReplyDeleteCountry: Kenya
In summary of what I have learnt,
Income means money you receive in exchange for your time and ideas,
Where by when income is higher than expenses you need to save while when expenses is higher than income you borrow,
Sources of income include salary, wages,
Challenges youth faces include unemployment and lack of skills techniques in managing their income.and finally typof skills include soft skills and freelancing.
Wongani William Mvula
ReplyDeleteMalawi
This lesson explains that income is the money you receive for your work, ideas, or investments. It highlights two main types: active income, which requires continuous effort like a salary, and passive income, which earns money for you over time, like from investments or royalties. To build wealth, it's crucial to develop valuable skills, especially digital and entrepreneurial ones, which open up diverse earning opportunities beyond a traditional job.
Mary Orah from Malawi
ReplyDeleteSummary of what I have learnt:
I have learnt that earning income is not just about making money, but about creating value and using our skills wisely. There are two main types of income — active and passive — and both are important for financial growth. Building digital and entrepreneurial skills can help increase earning potential and open new opportunities. I also learnt from the case studies that young people around the world are successfully turning their skills into sustainable sources of income. As a financial literacy leader, I am inspired to help others learn how to earn ethically, manage money wisely, and build a future of economic empowerment in our communities.
Cynthia Manjawira from Malawi I’ve learnt that income is the money we earn through our work, business or investments and it’s the starting point of financial freedom. There are different sources of income like jobs, businesses, freelancing and investments and it’s important to move from active income (where you work for money) to passive income (where your money works for you). I’ve also learnt that developing skills especially digital and entrepreneurial ones helps create more earning opportunities. Even with challenges like unemployment or low income being creative, financially smart and disciplined can help young people grow wealth and break the cycle of poverty.
ReplyDeleteFull name: Adego Hillary
ReplyDeleteCountry: Kenya
Summary of what I have learnt:
I have learnt that income comes from different sources, both active and passive. Active income comes from our direct work, while passive income is earned from assets that continue to generate money even when we are not actively working. I’ve also learnt that developing digital, entrepreneurial, soft, and financial literacy skills can help young people increase their earning potential. Challenges like unemployment, lack of skills, and poor financial habits can be overcome through continuous learning and creativity. Financial literacy is key to managing money wisely—earning, saving, investing, and growing wealth to reduce poverty. As a KAFI Leader, I’ve learnt the importance of teaching others how to earn ethically, manage income, and build financial independence.
ReplyDeleteEbrima Touray
Gambia
My takeaway from the module:
I learned that earning income is more than just making money. it’s about creating value, using skills wisely, and managing opportunities effectively. I now understand the different sources of income such as employment, business, investments, and freelancing, and the importance of building both active and passive income streams. The module also emphasized that developing digital, entrepreneurial, and soft skills can open doors to financial independence. I learned that young people face challenges like unemployment, low income, and lack of skills, but these can be overcome through creativity, education, and persistence. Most importantly, I realized that earning and managing income wisely are keys to breaking the cycle of poverty, building wealth, and empowering communities for long-term growth. Thank you
Joy Ngum Ndalle
ReplyDeleteCameroon
I learnt that my income is my inflow and expenses are my outflow, the difference between both either leave me at saving or in debt. I should work towards leaving from an active to a passive income, learn skills to earn more and follow the earn, save, invest, grow and to give.
Mohamed Babah Fofanah
ReplyDeleteFrom Sierra Leone
The presentation emphasizes that earning income is crucial for financial independence and stability, especially for young people aged 18-35. It explains that income is the money received in exchange for effort, ideas, or investments, and highlights the importance of managing the inflow and outflow of money to build savings and wealth. Different sources of income include employment, entrepreneurship, investments, freelancing, and other means like gifts or royalties.
The presentation distinguishes between active income, earned through direct work, and passive income, generated with little ongoing effort, advocating for a shift towards passive income for long-term wealth. It stresses the value of developing skills such as digital, entrepreneurial, soft, and financial literacy skills to increase earning opportunities. Challenges faced by young people, like unemployment, low pay, and lack of capital, are acknowledged, emphasizing the need for continuous learning and creativity.
The presentation also links income management to financial literacy and poverty reduction, encouraging practices like saving, investing, and giving back. Practical activities include brainstorming income ideas, role-playing business scenarios, and researching digital skills.
Overall, the focus is on understanding income sources, developing skills, and managing money wisely to achieve financial growth and success.
I have about 1:income- money we earn from our efforts, ideas, or investments, and managing it wisely is key to financial stability. Passive sources equals to extra income
ReplyDelete2:developing digital, entrepreneurial, soft, and financial literacy skills can create more earning opportunities.
3: overcoming challenges like unemployment and poor financial habits through education and smart money management can help reduce poverty and build long-term wealth.
Blessings Matitha
ReplyDeleteFrom Malawi
This teaches about earning income and the lesson explains that financial growth happens by following steps like earning, saving, investing, growing, and giving. Students learn about income and where it comes from, and they learn to tell the difference between active income and passive income. The lesson also focuses on the value of improving skills to make more money.
Rephrase
Not Available
Students take part in activities like brainstorming, role-playing, and studying real-life entrepreneurs to find honest and creative ways to make money. Examples from different countries show how young people used their skills and investments to create income. Hands-on exercises help students identify different types of income, research new skills, and talk to entrepreneurs to build a strong understanding of money management that goes beyond just making money to also keeping it growing and lasting.
precious chichitike
ReplyDeletemalawi
From this topic, I have learned that earning income is the foundation of financial independence and stability. It involves understanding where money comes from and how to create opportunities to earn it through different sources such as employment, business, investments, and freelancing. I have also learned the difference between active and passive income where active income requires direct work while passive income continues to generate money with little effort. Developing practical skills like digital, entrepreneurial, and financial literacy skills is essential for increasing earning potential. I have also understood that young people face challenges such as unemployment, limited capital, and poor financial habits, which can be overcome through creativity, education, and discipline. Most importantly, I have learned that managing income wisely through saving, investing, and planning is key to long-term financial growth and poverty reduction.
Income is the inflow of money whilist expense is th outflow of money. For financial stability inflow must be higher than outflow. Different sources of income include employement, business, investments and freelancing. Active income is the money you earn by directly working for it whilist passive is the money earned with little or no daily effort. The goal is to move from active to passive.It is important for young people to develop a skill that can earn the money. These may include digital skills, entrepreneurial skills, financial literacy skills and soft skills. Financial literacy helps one to manage their income hence reducing poverty.
ReplyDeleteFull name: Emmanuel Magombo
ReplyDeleteCountry: Malawi 🇲🇼
First of all I've learned that earning income is crucial for financial stability and growth. I've gained insights into different sources of income, including employment, business, investments, freelancing, and passive income.
I have learned that depending only on one stream of income is risky, and diversification helps build financial resilience.
Lastly I’ve also learnt that developing digital, entrepreneurial, soft, and financial literacy skills can help young people increase their earning potential.
Darwin Mkanya
ReplyDeleteMalawi
From this module, I have learned that earning income is the first step toward financial independence and stability. Income represents the money received in exchange for time, effort, skills, or investments, and understanding its sources is key to managing finances effectively. The module explains that income can come from various streams such as employment, entrepreneurship, investments, freelancing, and other creative avenues like royalties or grants. It also highlights the distinction between active income, earned through direct work, and passive income, which continues to generate revenue with little ongoing effort, such as rent or dividends. Building sustainable income requires developing valuable skills, including digital, entrepreneurial, and soft skills, as well as strong financial literacy to make wise money decisions. Furthermore, young people must overcome challenges like unemployment, low wages, and limited capital through innovation, continuous learning, and disciplined saving habits. Ultimately, the lesson teaches that earning is just the beginning, true financial success comes from managing, saving, and investing income wisely to grow wealth and contribute positively to society.
Makoabola Mathapholane
ReplyDeleteLesotho
Income is the money earned from work, business, or investments — the starting point of financial independence.
Sources: Salary, business profits, investments, gigs, or gifts.
Active vs Passive:
Active – earned by working (e.g., job).
Passive – earned with little effort (e.g., rent, dividends).
Skills that Increase Income: Build digital, entrepreneurial, and financial skills.
Growth Formula: Earn → Save → Invest → Grow → Give
Key Message:
Income grows through value creation, wise management, and continuous skill development.
Joseph Mwamlima
ReplyDeleteMalawi 🇲🇼
Income is any money coming into your pocket. This lesson is one of the crucial lessons financial literacy, every youths need to understand what income means and most importantly how to earn it. There is passive income as well as active income. Active income rewards your current effort, that is no work no money while passive income you invest once and keep on enjoying the benefits of the investment, you can earn while sleeping. Combining these two can be a great move for young people. The lesson encourages the youths to learn soft skills, digital skills as well as any skill that can bring money by the end of the day
Chisomo Mambiya
ReplyDeleteMalawi
Earning income means getting money through work, business, or investments, and it's key to becoming independent and financially stable. Young people can earn money in different ways—like jobs, running a business, freelancing, or investing—and it's important to know the difference between active income (you work for it) and passive income (it keeps coming even when you’re not working). To earn well, you need useful skills like digital know-how, communication, and financial literacy. Challenges like unemployment, low pay, and lack of capital can be overcome through learning and creativity. Managing your income wisely helps you save, invest, and grow wealth, which can reduce poverty and help others too. Teaching students about income through clubs and activities builds their confidence and prepares them for real-life success.
From Eswatini
ReplyDeleteI have learnt that certain skills are key to creating opportunities in life, and these skills go beyond what we learn in a classroom. For example, digital skills like using technology, social media, and basic coding open doors in today’s world because almost every field relies on technology. Soft skills, such as communication, teamwork, problem-solving, and emotional intelligence, help us interact effectively with others, build relationships, and navigate challenges. Then there are entrepreneurial skills—like spotting opportunities, taking initiative, managing resources, and being resilient—which are crucial for turning ideas into real income-generating ventures.
I have realized that by helping students develop these skills early, we are not just teaching them subjects for exams—we are equipping them for life. They gain the tools to secure their own future, make informed decisions, and even create opportunities for themselves rather than waiting for someone else to provide them. These skills empower them to earn an income, support themselves, and contribute positively to their communities.
Personally, I see the importance of continuously developing these skills in myself. For instance, I try to stay updated on digital trends, practice effective communication, and challenge myself to think creatively about solutions in everyday life. By doing this, I am preparing not just for the present, but for a future where I can turn challenges into opportunities and inspire others—especially young people—to do the same.
In essence, teaching and learning these skills is about building independence, confidence, and readiness so we are not only surviving in life but actively shaping it.
Tracy
ReplyDeleteChipongoma
Income is the inflow if money, inflow must exceed outflow. There are different sources of income such as salary, business, investment and freelancing.
Income can be passive and active.
Active is worked directly for while passive is earned with little one no effort. As youth's the goal is to have both passive and active.
We should develop skills such as data analysis, creative/ innovative thinking and soft skills
Meshack Muuo Muasya
ReplyDeleteKenya
Cohort 5 (Batch A)
Group C
This module teaches that earning income is the foundation of financial independence and wealth creation. Income is money received in exchange for work, ideas, or investments, and it can come from employment, business, investments, freelancing, or gifts. Young people should understand the difference between active income, which requires ongoing effort, and passive income, which continues with little daily work. Developing skills—digital, entrepreneurial, soft, and financial literacy skills—opens more earning opportunities and helps manage income effectively. Challenges like unemployment, low-paying jobs, lack of skills, and limited capital can be overcome through creativity, learning, and persistence. Linking income to financial literacy enables saving, investing, and growth, breaking cycles of poverty. As a KAFI Club leader, teaching students about income, its sources, and skill development equips them to earn ethically, manage money wisely, and create opportunities for themselves and their communities.
Ngene Charles Chukwuka
ReplyDeleteNigeria
Cohort 5 (Group G)
Batch B
Income comes along with its own challenges and in order to overcome them, one must be creative and a mind that focuses on continuous learning and making sure that you get passive means of earning income
Sarah Benson
ReplyDeleteMalawi
Group A
Batch A
Day 3 Module 4
Earning income is a fundamental aspect of financial literacy, providing young people aged 18–35 with independence, stability, and opportunities for growth. Income can come from various sources, including employment, entrepreneurship, investments, freelancing, and gifts, and is classified as active (requires ongoing work) or passive (earned with minimal ongoing effort). Developing skills digital, entrepreneurial, soft, and financial literacy enhances earning potential and opens doors to multiple streams of income. Young people face challenges such as unemployment, low paying jobs, limited skills, and lack of capital, but financial education and creativity can overcome these barriers. By learning to earn, manage, save, and invest wisely, young people can break the cycle of poverty, build wealth, and inspire others, creating sustainable economic empowerment for themselves and their communities.
Margaret mwale
ReplyDeleteZambia
In summary I have learnt how to earn invest and save wisely so as to continue with earning process.
There are two types of incomes and theses are passion and active income.
You also don't have to depend on your monthly earnings but Yiu can also start up a business that can help you be generating earnings even when you ain't working.
Part from that's I have learnt about Formula for Financial Growth:
Earn → Save → Invest → Grow → Give
Rasool William Bennie
ReplyDeleteFrom Malawi
Cohort 5 (Batch A)
Group C
This guide is all about helping young people (18–35) understand how to earn money and build a better financial future. It explains that income is the money you get from working, selling things, investing, or even gifts. The key idea is simple: your money coming in (income) must be bigger than your money going out (expenses) so you can save and grow wealth. It teaches the difference between active income (like a salary or freelancing, where you work for every coin) and passive income (like rent from property or dividends, where money works for you even when you’re resting).
It also shows real ways to earn jobs, starting a small business, freelancing online, or investing and stresses that today’s world rewards skills like digital marketing, coding, or creativity more than just hard work. The module talks about common struggles young people face, like unemployment or low pay, but encourages learning new skills, thinking like an entrepreneur, and being smart with money. With real stories of young people from Kenya, India, and Canada who turned small ideas into steady income, it ends with a clear message: earning money is great, but learning how to keep it, grow it, and use it wisely is what truly changes lives and breaks the cycle of poverty.
In short: Earn honestly, spend less than you make, keep learning valuable skills, and one day your money can work for you. That’s the path to real freedom.
KENNY BWALYA
ReplyDeleteCOHORT 5 BATCH B
GROUP F
Module 4 summary
In a nutshel earning income is the process of generating monetary compensation in exchange for providing value, which can be achieved through several primary channels: active income from employment or self employment where you trade time and skills for immediate pay, passive income from investments, rental properties, or intellectual property that generates earnings with minimal ongoing effort and portfolio income from the sale of assets like stocks or bonds at a profit. The modern landscape also includes hybrid models like freelancing and entrepreneurship, which blend active effort with the potential for scalable, asset-based revenue, with the overarching goal of achieving financial stability and growth by diversifying one's streams of revenue.
Name: BRIAN CHIYANDA
ReplyDeleteCountry: ZAMBIA
MODULE 4
Cohort 5, Batch A
Group A
DAY 3
Earning Income
In my own understanding of this module Income means inflow/cash or money received after offering a service. Secondly, money does not come by osmosis but it is acquired using different sources and means such as one being employed or through doing business, investing or being involved into money gigs. Also noted is that income can be classified as active or passive, were as active income refers to money earned by offering a service or work while passive is money generated with or little effort. That can be through royalties or rents from a property. To crown it all income generation is not only based on money making, it’s also about creating value, putting skills into use and proper management of opportunities.
Mahlohonolo Futho from Lesotho
ReplyDeleteCohort 5, Batch A
Group B
This module broadens the understanding of income beyond traditional employment: it covers business income, investments, freelancing, passive income, and more.
It highlights the importance of building digital, entrepreneurial and financial skills to enhance earning potential. It also links income with financial literacy and prudent money management — so that as people earn, they can save, invest, and grow wealth.
RANUECK THENFORD
ReplyDeleteMalawi
Cohort 5, batch A
Ground A
Module 4, day 3
From this module i have learnt what income earning is and skills we nnedneed To develop. So I have learnt that income is inflows of money and there are different sources of income which are employment income, investment income and business income, gig economy. I have learnt skills that create earning opportunities like digital skills, soft skills, and entrepreneurial skills e. g innovations. Lastly i have learnt about challenges faced in earning money like unemployment, lack of skills and poor financial habits
Full Name: Priscilla Amour South Sudan
ReplyDeleteCohort 5 ,batch A
Group A
I learnt that income is the money we earn through work, business, or investments, and managing it well is the foundation of financial growth. I now understand the different income streams like employment, business, freelancing, and investments, and how income can be active or passive. The module taught me that building skills — digital, entrepreneurial, and financial — increases earning power, and that financial literacy helps convert income into savings, investments, and long-term wealth. The goal is not just to earn, but to multiply income to break poverty and empower others.
Charles Boimah Gray
ReplyDeleteLiberia
Cohort 5
Group A, Batch A
Module 4, Day 3
I learnt that income is the flow in of money while expenses is the out flow of money. To achieve financial growth your income must exceed your expenses.
Understanding Active and Passive income's: Active income is money earn by working directly for it while Passive income is money earn with little or no daily efforts. To conclude in order to become a good income earners we have to migrate from the active mindset as entrepreneurs to the passive mindset to avoid continuous poverty that derailed or bleeds the nation.
Lastly I learnt that financial literacy teaches us to manage the income we earn at times. By managing, earning, saving and investing we can break the chains of poverty and create opportunities for others.
Bully Fofana
ReplyDeleteThe Gambia
Batch A, Group A
Cohort 5
I learned about the different ways people earn income, such as through salaries, wages, business profits, or investments. I understood the importance of developing skills, knowledge, and experience to increase earning potential over time. The module highlighted the value of diversifying income sources to reduce financial risk and improve stability. I also learned that earning income is closely linked to managing money wisely, earning alone is not enough without planning, budgeting, and saving for the future. Overall, this section emphasized that consistent effort, skill development, and smart financial decisions are key to building sustainable income and long-term financial security.
Bully Fofana
ReplyDeleteThe Gambia
Batch A, Group A
Cohort 5
I learned about the different ways people earn income, such as through salaries, wages, business profits, or investments. I understood the importance of developing skills, knowledge, and experience to increase earning potential over time. The module highlighted the value of diversifying income sources to reduce financial risk and improve stability. I also learned that earning income is closely linked to managing money wisely, earning alone is not enough without planning, budgeting, and saving for the future. Overall, this section emphasized that consistent effort, skill development, and smart financial decisions are key to building sustainable income and long-term financial security.
Elizer Kanyika
ReplyDeleteMalawi
Cohort 5
Group A
Batch A
EARNING INCOME Module 4
From this module I have learn that a person can not manage something which he or she does not understand where it comes from. Income is what a person received from his or her skills, time, efforts, time and investment. An individual should be able to make sure that his or her inflow should've more than the outflows. There are different sources of income which includes; employment, business, investment just to mention a few. There are different skills that an individual need to havejnorer to earn opportunities. The skills includes; soft skills, digital skills, entrepreneurial skills an financial literacy. Building sustainable and growing income should be a goal of being involved in anything. Work so that you develop a system that will work for you.
Funny chapalapata
ReplyDeleteMalawi
Cohort 5
Batch B
In this module i have learnt that income is the money you receive in exchange for work, services or investments without income it is difficult to execute our goals.
One can get income from salary , business or investments but it is adviced to combine active and passive source of income.
For an individual to create this income must generate skills to create opportunities such includes marketable skills.
Earning income is about building a future, creating opportunities and lesding change hence teaching students about earning income for lifelong empowern
Funny chapalapata
ReplyDeleteMalawi
Cohort 5
Batch B
In this module i have learnt that income is the money you receive in exchange for work, services or investments without income it is difficult to execute our goals.
One can get income from salary , business or investments but it is adviced to combine active and passive source of income.
For an individual to create this income must generate skills to create opportunities such includes marketable skills.
Earning income is about building a future, creating opportunities and leading change hence teaching students about earning income for lifelong empowerment will help them build their financial future
Ibrahim Alie kargbo
ReplyDeleteSierra Leone 🇸🇱
Batch A
Cohorts 5
Group C
From the Save for the Future
module,
I learnt that saving isn’t just about putting money aside it’s about intentionally planning for the life I want to build. The module showed me the importance of developing a saving habit, no matter how small my income may be. I understood that consistency is more powerful than size; even small amounts saved regularly can grow into something meaningful over time.
I also learnt how important it is to differentiate between needs and wants, so I can direct my money toward what truly matters. The module helped me see that saving gives me freedom, reduces stress, and prepares me for emergencies, opportunities, and long-term goals like education, business, or family responsibilities.
Teferi Ergabus
ReplyDeleteEthiopia
Batch S
Cohort 5
Group C
I learnt from this lesson saving is not only about putting money to somewhere it's about building your future best version.
I understand that procrastination on saving money is stupidity.
It's now, its times now to saving, its not when I will earn much enough money .
Additionally I am learnt from this meaning of need and want.
It best to know we spend money on what we need not on what we want.
Prince Joseph Demby, Sierra Leone Cohort 5 batch A Group C.
ReplyDeleteSummary of What I Have Learnt
I have learnt that saving is not just about accumulating money, but about preparation, discipline, and creating opportunities for myself and others. Mobile apps like OPay, PalmPay, and M-Pesa make saving easy and convenient, while fixed deposit and investment accounts are good for long-term goals but require commitment. Building the habit of saving starts with small, consistent steps—paying myself first, automating savings, setting clear goals, and resisting lifestyle inflation.
Practical exercises like the 30-Day Savings Challenge, using savings jars, digital savings trials, and distinguishing between needs and wants, help reinforce these habits. Teaching saving through storytelling, games, and projects in schools can inspire other students to adopt good financial habits. Ultimately, saving brings security in emergencies, independence from debt, and the freedom to pursue my dreams, while sharing these skills creates a financially empowered generation.
Sanusi Garba mabera
ReplyDeleteNigeria
Cohort 5 Batch B
Day 3 Module 4
Summary of what I have learnt:
From this module, I learned that income is the money we receive through our work, business, skills, or investments. It taught me the difference between active income that stops when we stop working, and passive income that continues even when we rest. I also learned that young people must develop skills especially digital, entrepreneurial, and financial skills to create more earning opportunities. The module opened my eyes to the challenges we face here, like unemployment and low income, but it also showed that with creativity and continuous learning, we can build multiple streams of income and reduce poverty in our communities.
Joseph olinga Uganda 🇺🇬, cohort5 batchB, groupE, in this module, i have gained deep understanding about income and different sources of income.i learnt in details about the difference between active and passive income.the case studies from different parts of world assisted me to explore different ways in which I can use my skills and talents to build better income and assist young people in my community.
ReplyDeleteLisah T Murewa
ReplyDeleteZimbabwe
Cohort 5
Batch A
Group B
Income is the money you receive from work, business or investments and it can be active or passive. Young people can boost their earning potential by developing valuable skills digital, entrepreneurial and financial. Although challenges like unemployment, low wages, and limited capital exist, creativity and continuous learning help overcome them. Understanding how to earn, save, and invest is key to breaking poverty and building long-term stability. In schools, KAFI Leaders can teach students simple ways to earn income and manage it wisely.
Lonjezo Banda
ReplyDeleteMalawi
Cohort 5, batch A
Group A
Module 4, day 3
This module has helped me in understanding that for one to manage income properly, you need to understand how that income comes to you. It comes through work, effort, time, investments or ideas. This simply clears that financial independence needs time patience and hard work. Sources of income include employment, business and investment. Income can be active where you work directly and earn it or passive where it comes through the things you previously invested in. Dealing with financial hardships requires both active and passive income although passive income takes time to come. Formula for financial growth include earn- save- invest - grow- give. The goal in financial literacy is to grow and sustain income hence, building more skills is a fuel to earn more.
Diana khauya
ReplyDeleteMalawi
Batch B
Cohort 5
Group B
Income is the money you receive in exchange for time, effort, ideas or investments. It can be through employment, business, investment and allowances . income can be active or passive. Skills that create that create earning opportunities are like digital skills, entrepreneurial skills, soft skills and financial literacy skills. We need to learn at least a skill to earn income. Some challenges in earning income are,. Unemployment, lack of skills and poor financial habits. The goal is not to earn, but to grow and sustain income.
Tumpale Mkandawire
ReplyDeleteMalawi
Cohort 5
Batch B (subgroup F)
Earning income. In this module I've learnt that income is more that just getting money that it is about how you ensure or get money. There are several sources of income such as business, salary/wages just to mention a few and for us young leaders it is important that we aim for both types of income that is active income, the money that is earned from salary's after one does something and passive income the kind of money that works for you that even if you stop working it does not end. It is very important to understand these two as a leader because alignment of income with financial literacy and country's economic state helps reduce poverty and bring change among youths in the country.
FULL NAME: SALIMU RAMADHANI JUMA
ReplyDeleteCountry: TANZANIA
Batct B COHRT 5
sub group F
Module 4
Summary:
Earning income is the foundation of financial stability and independence. It refers to the money you receive through work, business, or investments. When you earn consistently, you’re able to meet your daily needs, save, and plan for the future.
Building your financial future starts with managing that income wisely—budgeting, saving, investing, and avoiding unnecessary debt. The more skills and knowledge you gain, the more opportunities you have to increase your income. In short, earning and managing income well sets the path for long-term financial success.
Richrad Okoth Kenya Cohort 5 Batch B *Day 3-Module 4*
ReplyDeleteIncome is the money you receive, and expenses are the money you spend. To be stable, you should receive more money than you use. You can get money from a job, a business, investing, or doing small tasks for people.
Active income is money you earn by working, while passive income is money that comes even when you are not working every day. The aim is to grow from active to passive income.
Young people should learn skills—like digital skills, business skills, money management, and good communication—so they can earn and use money wisely. Learning about money helps reduce poverty and improve life.
Rafique William Mponda
ReplyDeleteMalawi
Cohort 5 (Batch B)
Group F
In this module, I've learnt about income, which is mainly the money that is earned from businesses, jobs or investments. In our communities, income is being generated from a number of sources, either by offering a service, an investment, or bonds or working for someone. These income schemes can be classified into active and passive, where active income is the kind that one gets from working, whilst passive income is the kind earned from an investment. As leaders, it is important to normalize adopting both income schemes for a better future and the art of making money work for you.
Joana Mongola from Malawi
ReplyDeleteCohort 5
Batch B
In this module i have learned that Income is money received for work, business, investments, freelancing, or gifts, and it must exceed expenses to create savings. Active income needs daily effort like salaries, while passive income from assets like rent continues without work. Skills such as digital tools, entrepreneurship, and financial literacy to open earning doors, despite youth challenges like unemployment and low pay.
Alpha Joe Bosco Komba
ReplyDeleteSierra Leone
Cohort 5
Group G
Consistent income is the type of income which is earned by working. For example, teaching, nursing etc. Passive income on the other hand is the type of income that is earned without effort. For example money earned from rent of a property.
Sources of income include employment, business and investment. Income can be active where you work directly and earn it or passive where it comes through the things you previously invested in.
Richard Okoth
ReplyDeleteKenya
Cohort 5
Batch B
Summary
I’ve realized that having a steady way to earn money is key to achieving financial security and growth. I now know that income can come from many places—like formal jobs, running a business, investing, freelancing, or earning passively. The stories of Maria, David, and Sarah helped me see how people can turn their skills into strong sources of income. Maria built a digital marketing brand, David grew his photography work, and Sarah increased her wealth through smart investing. I also learned that developing useful abilities—such as digital know-how, business skills, and understanding how money works—opens more chances to earn
Rehannah Labane
ReplyDeleteBotswana
Cohort (Group H)
Batch 5 B
Most people in my community heavily depend on active income, and I'm recognizing that most of the people that we regard as 'wealthy' are actually passive incomers. That is pretty telling. In short, there's both need of financial literacy and mindset change in my region. Km so glad I'm learning all this.
Rophy Makokha Barasa
ReplyDeleteKenya
Chort 5 batch c
Income sources include employment,business,investment,freelance,grants,gifts etc
Full name: Jackson J.W Johnson
ReplyDeleteCountry: Liberia
Cohort 5 (Batch C)
I learned that income is the money we earn from different sources, and it can be categorized into active income (earned through direct work) and passive income (earned with little or no ongoing effort). I now understand the importance of developing valuable skills to increase earning potential, especially digital and entrepreneurial skills. The module also taught me how to brainstorm ethical ways to earn money creatively and practically. Through the classroom activities and global case studies, I saw real examples of young people using their skills from digital marketing to photography and investing to build income and create opportunities. The key takeaway is that earning money is not just about working hard, but about creating value, using skills wisely, and managing income responsibly. As a financial literacy leader, I am inspired to help others discover their potential and build sustainable income streams that empower communities.
Angela Mpala
ReplyDeleteZimbabwe
Cohort 5 Batch C group I
Earning income, defined as the inflow of money received in exchange for time, effort, ideas, or investments, is the fundamental starting point for financial stability, requiring the inflow to exceed expenses to avoid debt. This income can be generated through various active sources like salaries from employment and profits from entrepreneurship (requiring direct work), or through highly desirable passive sources such as rent, dividends from investments, or royalties (requiring minimal daily effort). To maximize earning potential in the modern economy, young people must continuously develop value-adding skills—especially digital, entrepreneurial, and financial literacy—to overcome challenges like unemployment and low wages, with the ultimate goal being to manage income wisely.
Mercy Chunga Malawi Cohort 5 batch C group J
ReplyDeleteI've gone through this module on earning income, and I've learned that it's a crucial part of financial literacy. Income is the money received in exchange for time, effort, ideas, or investments, and it can come from various sources like employment, business, investments, freelancing, or other sources. I've understood the difference between active income, which requires direct effort, and passive income, which generates money with little to no effort. Building skills like digital skills, entrepreneurial skills, and soft skills can increase earning power. I've also realized the importance of financial literacy in managing income wisely and growing wealth. The goal is to create value, use skills, and manage opportunities sustainably, ultimately leading to independence, wealth, and economic empowerment.
Mloiso Mathews Katete
ReplyDeleteMalawi
Cohort 5(Batch C Group J)
Earning income is the foundation of financial independence, and I have learned that it goes far beyond just getting a job. It is about understanding where money comes from, building skills that create opportunities, and learning how to turn effort, ideas, and even small resources into something meaningful. Young people often face challenges such as unemployment, low pay, or limited skills, but with creativity, digital knowledge, and strong financial habits, it is possible to build multiple streams of income including passive ones that grow over time. When we learn how to earn, manage, save, and invest wisely, we not only improve our own lives but also help break cycles of poverty in our communities. Ultimately, financial literacy empowers us to make informed decisions, create value, and support others to do the same.
Mary Nasieku
ReplyDeleteKenya
Cohort 5 Batch K
This module teaches that earning income is a key part of financial literacy and personal independence. It explains what income is, the different ways people earn money, and the difference between active and passive income. The lesson highlights the importance of digital, entrepreneurial, soft, and financial skills in creating earning opportunities. It also explores challenges young people face, such as unemployment, low pay, limited skills, and poor financial habits. By learning how to earn, save, and invest wisely, young people can build wealth, reduce poverty, and create opportunities for others. The module also provides practical activities for teaching income in schools.
I have learn that earning income is not just about getting money but about offering value using your abilities wisely and taking advantage of positive opportunities. It shows that when young people understand how to earn in a responsible and sustainable way, they gain confidence, independence, and the ability to support themselves. It also highlights your role as a Financial Literacy Leader—guiding others to recognize their strengths, create income ethically, and contribute to reducing poverty while building stronger, empowered communities.
ReplyDeleteName: Lesley mutua
ReplyDeleteCountry: Kenya
Cohort 5 Batch C (group L)
This module explains that earning money is the starting point for achieving financial freedom and building wealth. Income is the money you receive for your work, creativity, or investments, and it can come from jobs, businesses, freelancing, investments, or even gifts. It’s important for young people to understand the difference between active income, which requires continuous effort, and passive income, which can keep flowing with minimal daily involvement.
Building a variety of skills—such as digital skills, entrepreneurship, communication, and financial knowledge—creates more opportunities to earn and manage money responsibly. Although challenges like unemployment, low wages, limited skills, and lack of capital may arise, they can be addressed through innovation, continuous learning, and determination.
Connecting income to financial literacy encourages saving, investing, and long-term growth, helping break the cycle of poverty. As a KAFI Club leader, teaching students about income, its different sources, and the importance of skill-building empowers them to earn honestly, manage their finances well, and create positive change in their communities.
NAME: BAILACK JOICELINE JINDUI
ReplyDeleteCOUNTRY : CAMEROON
COHORT 5, BATCH C
COMMENT: This module helps us to understand that a skill is important yet working towards reward is very important. The income you get depends on you either passive or Active income. as a Financial literacy teacher helping others identify areas of income is crucial in their growth journey.
Mohamed Shueib muse
ReplyDeleteSomalia
1. Understanding Income
Income is the money earned through work, business, or investments. To grow financially, income must be greater than expenses. This helps build savings and avoid debt.
2. Sources of Income
There are many ways to earn money, including employment, running a business, freelancing, investments, and creative work. Each source has its advantages and challenges.
3. Active vs Passive Income
Active income stops when you stop working, while passive income continues to earn over time. The long-term goal is to build assets that generate passive income.
4. Skills that Create Opportunities
Digital skills, entrepreneurial skills, soft skills, and financial literacy skills increase earning potential. Developing at least one strong skill is key for young people today.
5. Challenges Youth Face
Young people often face unemployment, low wages, lack of skills, and limited capital. Overcoming these challenges requires creativity, continuous learning, and good financial habits.
Ropafadzo Abigail Tambara
ReplyDeleteCohort 5
Zambia
This module has taught me wonderful lessons about income , how it’s earned and challenges in getting income. We have learned that earning income is one of the foundations of financial literacy because as we learnt , money is the fuel that boosts financial literacy. Income was defined as money that is gotten in exchange of services , time , effort , ideas or investment. And it comes from different means that include employment, businesses , gifts. Income has two types which is inflow income which is when you have your income stable because money is coming in and outflow income is when you have expenses . As a result we have learnt that outflow income shouldn’t exceed your inflow income and we use the formula eg 100 inflow income - 50 outflow income =savings and then 100 inflow income -110 outflow income = dept. I have also learnt that there are different sources of income which are salaries , businesses , investments , free lancing . More so I have also learnt that there is passive and active income . Passive income comes without no daily efforts eg rents from owning a house that you lease then active income comes from hard work it requires you to do the certain action to get income and if you stop the act you stop getting income eg working in a restaurant. Our goal as Kafi is to make use of our active income and then wisely save by making sure out expenses do not exceed our income. There are challenges that come with earning income that include low wages , unemployment, lack of skills , fear of failure from starting a business . To help to solve this issue individuals should fix their mindset and believe that having a savings account requires management of money wether it’s a lot of it’s a few it’s all about having financial literacy as an art and skill because an individual mind have a lot of money but without financial literacy , good budgeting and good decisions they may also end up having mismanagement and debt
Zechariah kparsuah jr
ReplyDeleteCohort 5
From this lesson, I learned that earning income is the foundation of financial independence and stability. I now understand the different ways income can be earned—through employment, business, investments, freelancing, and even passive income. I also learned that developing digital skills, entrepreneurial abilities, and financial knowledge can significantly increase my earning potential. Most importantly, I realized that managing income wisely is just as important as earning it. With strong financial literacy, young people like me can overcome challenges, build wealth, and break the cycle of poverty.
Full name: Hope Malambo
ReplyDeleteCountry: Zambia
Cohort 5 (Batch A)
Group B
I learned that income is the money we receive from work, business, investments, or other sources, and it forms the foundation of financial independence. There are different ways to earn income, including employment, entrepreneurship, freelancing, and investments, each with its own advantages and challenges. I also learned the difference between active income, which requires continuous work, and passive income, which continues to generate money even when you’re not actively working. The module highlighted the importance of developing digital, entrepreneurial, soft, and financial literacy skills to increase earning potential. I also gained insight into the challenges young people face in earning income, such as unemployment and limited capital, and how skills and creativity can help overcome them. Finally, I understood that managing income wisely through saving and investing is key to breaking the cycle of poverty, and as a KAFI Leader, I can help students explore ways to earn income ethically and sustainably.
Name: Gladys Disemba
ReplyDeleteCountry: Malawi
Cohort 5 (Group I)
Batch C
In summary
Every person needs money for everyday living because everyone needs a stable life. There are different sources of earning money that young people need to be aware of, along with their strengths and implications. We have employment, business, investment, and freelancing income. Income earned through working is active, requiring a healthy life, as it stops when you stop working. Passive income, on the other hand, is earned with little or no daily effort but requires a strong investment. Financial literacy is not just about earning money, but also about how you handle and spend it.
Victoria Penembe
ReplyDeleteMalawi
Cohort 5 Batch C
In my view, financial literacy is not just about earning money, but about wise management of income and using one's skills to create value that can outlast one. I see that the goal is not just to make money, but to grow it in a sustained manner and make the most of opportunities.
I have learned that when the youth understand how to earn ethically and manage their resources, they become independent, create wealth, and can inspire others to follow suit. As a Financial Literacy Leader, I strongly feel that my role is to help other people realize their earning potential, promote economic empowerment, and contribute to reducing poverty within the communities.
Full Name: Eddes Symon
ReplyDeleteCountry: Malawi
Cohort Batch: C
Group J
In this financial literacy module I have learned that income—the money received for your work, ideas, or investments—is the essential first step toward financial independence. It highlights various sources, from employment and entrepreneurship to investing and freelancing, and stresses the important goal of building passive income streams that earn money over time with less ongoing effort. To succeed, developing valuable digital, entrepreneurial, and financial management skills is crucial, especially to overcome common challenges like unemployment or lack of capital. Ultimately, by understanding how to earn, save, and invest wisely, young people can break the cycle of poverty, grow their wealth, and achieve lasting financial stability.
Pascaria Musengya Muthiani
ReplyDeleteKenya
Cohort 5 Batch C Group J
In this module I have learnt that income is the money received in exchange of service,idea, investment or profit from business.Income is the foundation of financial independence, stability and success. When income exceeds expenses you save ,when expenses exceed income you are debt. There several sources of income like employment where you are paid for skills, investment income you earn after investing in stocks,bonds or interest from money market funds. You can earn fro business you have set, freelancing -which is offering your skills online temporarily or earn from grants and royalties if you publish a book. There are 2 types of income active(requires your presence,time and effort) and passive income (little effort presence not needed). The goal is to ensure passive income exceeds active by investing in assets. As a young person I should have different skills required in current time like digital skills,entrepreneural skills,soft skills and financial literacy skills to ensure have sufficient income. In conclusion as young person I should earn-save-invest-grow and give.
My name is Jackson Mbazima, and I am from Zambia. I am part of the KAFI Financial Literacy Program, Cohort 5. Through this program, I have learned that income is the money received in exchange for services, ideas, profits, or investments.
ReplyDeleteIncome can come from various sources, such as salaries, business profits, royalties, or returns on investments. It can be categorized into two types: active income and passive income. Active income is earned from daily work, while passive income comes from investments that require little ongoing effort.
Earning income requires hard work and valuable skills, including digital skills, soft skills, and entrepreneurial skills. It is essential to understand and manage income wisely by building good financial habits.
Name: yamikani chaona
ReplyDeleteCountry: Malawi
Cohort 5 batch C
Young people can create earning opportunities by developing valuable skills—digital skills for online work, entrepreneurial skills for innovation, soft skills for communication and teamwork, and financial literacy skills to manage money wisely. However, many face challenges such as unemployment, low wages, lack of skills, limited capital, and poor financial habits, which can be overcome through education, creativity, and continuous learning. Financial literacy plays a key role in reducing poverty by helping youth earn, save, invest, and grow their income. In schools, KAFI Leaders can teach students what income is, the types of income, and how skills support earning. Practical activities like brainstorming income ideas, role-playing small businesses, and inviting young entrepreneurs help students understand income in real and engaging ways.
Full name: Loveness Gama
ReplyDeleteCountry: Malawi
Summary of what you have learnt: I have learned that earning income requires skills that add value, like digital skills, entrepreneurial skills, soft skills, and financial literacy. Developing these skills can open global opportunities and help manage earnings wisely. Challenges like unemployment and lack of skills can be overcome with education, creativity, and continuous learning. The key is to earn, save, invest, grow, and give. Teaching students about income and skill development can empower them to break the cycle of poverty.
Mulenga Chola
ReplyDeleteZambia
Cohort 5
Learning income, need to understand that income is a service and what you get whenever you work, passive income comes from rent and businesses, and created to make money even when sleeping, many young people face these challenges because of limited income because it needs to be sustainable, need to teach people how to make money, like career talks,case study, and giving them small income of money, therefore we should create passive income so that it creates empowered and having other sources of money.
Faith Abigael
ReplyDeleteKenya
Group P Cohort 5
Key Take aways: Income can able you create a future opportunity or make you stumble. I need to the right skills and mindset so as to be able to manage my incomes .Income is the source to my financial journey. Brings about financial dependance.
Types of income and how they work. Age should not be a hindrance on starting to make incomes. Earning incomes is not only about survival, but creating a future and making a change.
Maureen Banda
ReplyDeleteZambia
Cohort 5
This lesson has taught me the importance of having multiple sources of income. Income can be passive and active. Currently there is a rise in unemployment and most jobs under pay. So we need to learn different skills such as content creation, video editing . It is also important for young people to invest in mutual funds or property in order to have continuous income
Name: Joseph Freeman
ReplyDeleteCountry : Sierra Leone 🇸🇱
Cohort: 6
Batch: D
Group: O
Assessment of Summary
Earning Income: The Foundation of Financial Literacy
I've learned that earning income is a crucial aspect of financial literacy, and it's essential to understand how money comes into my life. Here are the key takeaways:
- *What is Income?*: Income is the money received in exchange for time, effort, ideas, or investments.
- *Sources of Income*:
- Employment income (salary or wages)
- Business or entrepreneurship income
- Investment income (savings, stocks, bonds, real estate)
- Freelancing and gig economy income
- Other income sources (gifts, grants, allowances, royalties)
- *Active vs. Passive Income*:
- Active income: earned through direct work (e.g., salary, daily wages)
- Passive income: earned with little or no daily effort (e.g., rent, dividends, online courses)
- *Skills that Create Earning Opportunities*:
- Digital skills (social media management, web design, video editing)
- Entrepreneurial skills (creativity, innovation, problem-solving)
- Soft skills (communication, teamwork, leadership)
- Financial literacy skills (money management, investing)
- *Challenges Young People Face*:
- Unemployment
- Low-paying jobs
- Lack of skills
- Limited capital
- Poor financial habits
By understanding these concepts, I can make informed financial decisions, create multiple streams of income, and achieve long-term wealth.
Full Name:
ReplyDeleteMiller Mshanga
- Country:
Zambia
- Cohort:
5
- Batch:
D
- Summary of what you have learnt:
I have learnt that income is the money we earn from work, business, investments, or gifts. There are active incomes, which stop when we stop working, and passive incomes, which continue even when we rest. I now understand that developing skills digital, entrepreneurial, and soft skills helps create earning opportunities. I also learnt that challenges like unemployment, low pay, or lack of skills can be overcome through learning, creativity, and hard work. Finally, I understand that managing income wisely through financial literacy allows young people to save, invest, grow wealth, and reduce poverty.
Toka faith ziganubari
DeleteNigeria
Cohort 5
Group L
I learnt that young people face challenges like unemployment, low pay, lack of skills, and limited capital, but these can be overcome with learning, creativity, and good money habits. I also understood that managing income wisely through saving, investing, and growing it is key to financial independence and poverty reduction. Finally, I learnt that as a leader, I can teach others about earning and managing money responsibly to empower my community.
Joseph Antony
ReplyDeleteZimbabwe
Cohort-5 BATCH D
Group p
Earning income is more than just money its about creating value and knowing how to use the money.As young people we should be able to identify areas where we can earn money whether online or offline also having a side gig. We must also continuing upgrading our career paths.
Kunda Ngosa
ReplyDeleteZambia
Cohort 5( Group P)
Batch D
Lesson: Your inflow should exceed your outflow. Don’t let your outflow exceed your inflow, maintain.
As a Financial Literacy Leader, my mission is to help others discover their potential to earn and grow. Relying on Active income is risky. Your network can become your net worth. Be willing to start small. Opportunities rarely appear, they are created- don’t wait, initiate.
Richard Bida
ReplyDeleteUganda
Cohort 5 (batch D)
Every person needs money for everyday living because everyone needs a stable life. There are different sources of earning money that young people need to be aware of, along with their strengths and implications. We have employment, business, investment, and freelancing income. Income earned through working is active, requiring a healthy life, as it stops when you stop working. Passive income, on the other hand, is earned with little or no daily effort but requires a strong investment. Financial literacy is not just about earning money, but also about how you handle and spend it
Richard Bida
ReplyDeleteUganda
Cohort 5 (batch D)
Every person needs money for everyday living because everyone needs a stable life. There are different sources of earning money that young people need to be aware of, along with their strengths and implications. We have employment, business, investment, and freelancing income. Income earned through working is active, requiring a healthy life, as it stops when you stop working. Passive income, on the other hand, is earned with little or no daily effort but requires a strong investment. Financial literacy is not just about earning money, but also about how you handle and spend it
Emilly Atieno Oyatta
ReplyDeleteKenya
Cohort 5
Batch D
The foundation of entrepreneurship is the notion that every challenge presents an opportunity. Young people aged 18–35, living in a fast-changing environment, can become innovators by studying their communities, listening to people’s needs, tracking emerging trends, and spotting gaps in existing services. They can produce significant commercial ideas in industries including education, health, agriculture, technology, and finance by reimagining challenges as opportunities. While practical exercises like maintaining a problem journal or mapping community needs develop the ability to see opportunities, tools like mind mapping, SCAMPER, and group brainstorming foster creativity.
Testing the viability of ideas by evaluating demand, resources, competition, and dangers is crucial before turning them into businesses. The Lean Startup strategy supports producing basic prototypes or Minimum Viable Products to test ideas cheaply and fast. Through school-based initiatives like savings clubs and awareness campaigns, young people can enable kids to build these same problem-solving skills as KAFI Hub leaders and future financial literacy champions. In the end, developing the ability to see opportunities and assess concepts equips young people to create long-lasting enterprises, encourage creativity, and effect constructive change in their communities.
NAME: PRECIOUS CRISPIN KAMOWA
ReplyDeleteCOHORT: 5
GROUP: P
BATCH: D
COUNTRY:MALAWI
Reflecting on the concept of earning income and building a financial future, I've realized that a proactive approach is essential for long-term success. Understanding diverse income streams, such as active employment, freelancing, or investments, has helped me appreciate the importance of not relying solely on one source.
Setting clear financial goals and consistently reinvesting my earnings into savings or education has become a priority. This journey has taught me the value of patience and discipline, as building a secure financial future requires time and strategic planning. Ultimately, I feel empowered to take control of my financial destiny and create sustainable wealth.
Thandiwe Mtonga
ReplyDeleteZambia
Cohort 5
Batch D
Group R
I'm this module I have learnt about the inflow of money, which can come from various sources and it should always be higher than my outflow to ensure adequate saving and avoid dept.
There are quite a number of sources of income and all have their strength and downs.
Also learnt that there's active and passive income and passive seemed to me to be the best, as it earns even after work stops.
And it's always important to have skills that create earning opportunities like hair plaiting, digital marketing even public speaking and many more.
In all this financial literacy ll guide me mange my income wisely.
OLERILE PHILLIP
ReplyDeletefrom BOTSWANA
COHORT 5 BATCH D group Q
I’ve learnt that earning income is the first step to financial freedom. Income comes from different sources—jobs, business, skills, and investments—and young people grow faster when they build both active and passive streams. Skills are the real currency of our generation, especially digital, entrepreneurial, and soft skills. I also learnt that challenges like unemployment or low pay can be overcome through creativity and continuous learning. As a KAFI leader, understanding income helps me guide students to see money as something they can create, not wait for. When young people learn to earn, save, and invest, they break poverty cycles and begin shaping stronger communities.
Brian Ouya Bosire
ReplyDeleteKenya
Cohort 5
Batch D (Group Q)
I have learnt that income comes from different sources, both active and passive. Active income comes from our direct work, while passive income is earned from assets that continue to generate money even when we are not actively working. I’ve also learnt that developing digital, entrepreneurial, soft, and financial literacy skills can help young people increase their earning potential. Challenges like unemployment, lack of skills, and poor financial habits can be overcome through continuous learning and creativity. Financial literacy is key to managing money wisely—earning, saving, investing, and growing wealth to reduce poverty. As a KAFI Leader, I’ve learnt the importance of teaching others how to earn ethically, manage income, and build financial independence.
Brian Mateli
ReplyDeleteKenya
Cohort 5, Batch 5, Group N
From this module I have learnt that income entails money you receive in exchange of services, ideas/skills or investments. There are different sources of income like salaries, freelancing, business and even investments which can be categorized as passive and active incomes. There are skills that can create opportunities for youths especially in digital, financial, soft skills and even entrepreneurial space.
however, there a challenges that young people could face like limited capital, lack of some key skills and sometimes low paying jobs.
Felix Omondi
ReplyDeleteKenya
Cohort 5
Batch D
Group O
I have learned that income is the money we receive from work, business, investments, or other sources, and it forms the foundation of financial growth. There are different types of income such as employment income, business income, freelance income, and investment income. Income can also be active earned through daily work or passive, which continues to generate money with little effort over time. I have also understood that developing skills such as digital skills, entrepreneurial skills, soft skills, and financial literacy can increase earning opportunities. Young people face challenges like unemployment, low pay, lack of skills, and limited capital, but these can be overcome through creativity, learning, and good financial habits. Finally, financial literacy helps us manage income wisely, save, invest, and break the cycle of poverty.
Gabriel Vitumbiko Nyondo
ReplyDeleteMalawi
Cohort 5
Batch D
I have learnt that earning income is crucial for financial stability and growth. Income can come from various sources, including employment, business, investments, freelancing, and passive income. I've gained insights into the difference between active income, which is earned through direct work, and passive income, which is earned with minimal ongoing effort.
I have understood the importance of developing skills that create earning opportunities, such as digital skills, entrepreneurial skills, soft skills, and financial literacy skills. These skills can help increase earning potential and open up new opportunities. I have also learnt about the challenges young people face in earning income, including unemployment, low paying jobs, lack of skills, limited capital, and poor financial habits. However, I've also learned that these challenges can be overcome through creativity, continuous learning, and financial literacy.
The case studies of Maria, David, and Sarah have shown me real life examples of how individuals can leverage their skills and interests to create successful income generating opportunities. Additionally, I have learnt that financial literacy is key to managing income wisely, breaking the cycle of poverty, and achieving long-term financial growth.
As a KAFI Hub leader, I'll guide students to identify problems, brainstorm solutions, and encourage teamwork and creativity. I'll help them develop problem solving skills and financial literacy, empowering them to make informed financial decisions and create multiple streams of income.
Finally, I have learnt that earning income is not just about making money, but about creating value, using skills wisely, and managing opportunities effectively. By applying these principles, young people can achieve financial independence, stability, and growth, and make a positive impact in their communities.
Fifen Yayee Mefira Cameroon Cohort 5
ReplyDeleteThis module teaches us about income. It defines income as money received by an individual. This can come from different sources like earning salary, profit from business, evidend from investment.
It talks further on the difference between active and passive income. As for skills that create earning it kisted online content creation among many other. opportunities.
Brima Kargbo
ReplyDeleteSierra Leone
Cohort - 5
Batch - D
Group - N
Key takeaway from this module is to achieve financial growth, your inflow must exceed your outflow.
When income is higher than expenses → you save.
When expenses are higher than income → you borrow or go into debt.
I also learnt that earning money is not just about working very hard, but about creating value, using skills wisely, and managing income responsibly.
Name: Daniel Deng Aruop Deng
ReplyDeleteCountry: South Sudan
KAFI HUB: Cohort 5
Batch D group O
Summary
I have learnt that building multiple income streams is essential for young adults aged 18–35 seeking financial stability and growth. This module has taught me how to explore active earnings, like freelancing or part-time gigs, and passive options, such as investments or royalties, to diversify revenue. Through classroom activities, students brainstorm school-based earning ideas, role-play business scenarios, and hear from guest entrepreneurs sharing success stories.
I have also understood that practical exercises encourage self-reflection: Pinpoint current income sources, classify them as active or passive, learn a new digital skill for better pay, and interview local business owners for insights.
Keynotes:
Key lessons emphasize that income flows from values created and skill-building, with financial smarts ensuring wise management. Ultimately, ethical earning fosters independence, wealth accumulation, and community uplift—empowering leaders to guide youth toward sustainable prosperity.
ReplyDeleteMillicent Ochieng
Kenya
Cohort 5 batchbD
I have learned that income is the money we receive from our work, business, or investments, and it is the foundation of financial growth. Young people can earn income through employment, entrepreneurship, freelancing, or investments. Income can be active—where you work directly for it—or passive, where money continues to come in even when you are not working. I also learned that developing digital, entrepreneurial, soft, and financial skills increases earning opportunities. Many youth face challenges like unemployment, low wages, and lack of capital, but with financial literacy, creativity, and continuous learning, we can overcome them. To build wealth, we must earn, save, invest, and grow our income wisely.
Hezekial Marete
ReplyDeleteKenya
Cohort 5
SUMMARY
Earning income is the foundation to achieve independence and stability. Income comes from employment, business, investments, freelancing, or other sources, and can be active (work-based) or passive (asset-based). Building digital, entrepreneurial, soft, and financial skills creates opportunities, while challenges like unemployment, low pay, and poor habits require creativity and learning. Managing income wisely—earning, saving, investing, and growing—breaks poverty cycles and builds long-term wealth.
Name: fatuma juma
ReplyDeleteCountry: kenya
Cohort 6 batch B
Group j
Income is the flow of your money into business.
Sources by which we earn income can be through:
- employment
- grants
- gifts
- inheritance
Business
Challenges includes
- unemployment
- lack of skills
Financial literacy helps us manage our income.
Name: Doreen Kajuju
ReplyDeleteCountry: Kenya
Cohort:6
Batch: A
From this module, I have learnt that earning income is the foundation of financial independence and that money can come from many different sources' employment, business, freelancing, investments, and even creative work. I now clearly understand the difference between active income, which requires my daily effort, and passive income, which continues to grow even when I am not actively working.
The module has also taught me that in today’s world, earning opportunities depend heavily on skills especially digital skills, entrepreneurial skills, soft skills, and financial literacy. I have also realised the challenges many young people face, such as unemployment, low wages, lack of capital, and poor financial habits, and how developing the right skills can help overcome them.
Most importantly, I learnt that income must be managed wisely through the cycle: Earn → Save → Invest → Grow, so that I can build wealth and break the cycle of poverty. As a financial literacy leader, I am now better equipped to guide students on understanding income, building skills, and exploring ethical and creative ways to earn money.
- Full Name: Tendaishe Mangena
ReplyDelete- Country: Zimbabwe
- Cohort: 6 Batch A Group E
- Short Summary: Earning Income:
I've learned that earning income is a crucial aspect of financial literacy, and it's essential to understand how money comes into my life. Income is the money received in exchange for time, effort, ideas, or investments, and it can come from various sources such as employment, business, investments, freelancing, and passive income.
Key takeaways from the lesson include:
- There are different types of income, including active income, which requires direct effort, and passive income, which generates earnings with little or no daily effort.
- Building valuable skills like digital literacy, entrepreneurship, soft skills, and financial literacy can expand earning opportunities.
- Financial literacy helps manage income wisely, break the cycle of poverty, and achieve long-term financial stability.
I've also learned about the challenges young people face in earning income, including unemployment, low-paying jobs, limited access to training, and poor financial habits.
By applying these principles, young people can create opportunities for economic growth, break the cycle of poverty, and achieve financial independence.
Full name:Davison Ngulube
ReplyDeleteCountry:Zambia
Cohort;5
Batch 0
Summary of what you have learnt:
In this module, I learned that income is the money we receive in exchange for our time, effort, skills, or investments, and it is the foundation of financial stability. I now understand the different sources of income—employment, business, investments, freelancing, and other earnings—and the key difference between active income that requires ongoing work and passive income that continues to grow with little daily effort.
I also learned that building valuable skills—digital, entrepreneurial, soft skills, and financial literacy—greatly increases earning potential. The module highlights the common challenges young people face, such as unemployment, low wages, and lack of capital, while emphasizing that continuous learning and creativity can overcome these barriers. Ultimately, earning income is not just about making money but managing it wisely to save, invest, grow wealth, and uplift communities.
- Full Name: Sebabatso Makhetha
ReplyDelete- Country: South Africa
- Cohort: 6 (Batch B)
- Short Summary:
What I have learned in this module is that fundamentals of being able to earn an income is a crucial part of financial literacy, and that money earned either from working or businesses ensures that income exceeds expenses and helps avoid debt. I also learned that developing skills be it digital, soft skills or entrepreneurial skills increase our earning potential in an ever changing economy, this module also addresses the challenges faced by young people such as high unemployment, lack of skills and limited capital and the only solution to try and combat these challenges is through creativity and continuous learning like we are doing with KAFI. Being able to earn money alone is not enough and we as young people must also learn to save, manage and invest money wisely so that we are able to create value in the community, grow our income and build long term and sustainable financial wealth.
- Full name: Charity Mung'omba
ReplyDelete- Country: Zambia
Cohort: 6 batch B
- Summary of what I have learnt:
I have learnt that income is the money we receive from work, business, or investments, and it is important for achieving financial independence. There are different sources of income such as employment, business, freelancing, and investments. I learnt the difference between active income, which requires continuous work, and passive income, which continues to grow even when you are not working. I now understand that developing digital, entrepreneurial, soft, and financial skills can increase my earning opportunities. I also learnt that young people often face challenges like unemployment, low pay, limited skills, and lack of capital, but these can be overcome through learning and creativity. Finally, I learnt that financial literacy helps in managing income wisely through earning, saving, investing, and growing wealth.
Full Name: Teddy Sikakena
ReplyDelete- Country: Zambia
- Cohort: 6
- Batch: A
This module teaches that earning income is the foundation of financial independence and wealth creation. Income is money received in exchange for work, ideas, or investments, and it can come from employment, business, investments, freelancing, or gifts. Young people should understand the difference between active income, which requires ongoing effort, and passive income, which continues with little daily work. Developing skills—digital, entrepreneurial, soft, and financial literacy skills—opens more earning opportunities and helps manage income effectively. Challenges like unemployment, low-paying jobs, lack of skills, and limited capital can be overcome through creativity, learning, and persistence. Linking income to financial literacy enables saving, investing, and growth, breaking cycles of poverty. As a KAFI Club leader, teaching students about income, its sources, and skill development equips them to earn ethically, manage money wisely, and create opportunities for themselves and their communities.
Frankline Gor
ReplyDeleteKenya
Cohort 6 (Batch A)
Earning income is the dream of every person especially a youth who has future ahead of him. This involves using skills to create ideas that earn money either passively or actively. Earning money helps to reduce poverty and brings independence. However , youths face alot of challenges in implementing ideas which range from lack of skills, lack of capital and unemployment amongst others. Creativity and innovation can be the solution for such challenges. Also we as youths should manage the little we have for many successful entrepreneurs began from small beginnings.
Full Name: Claytos Chimoto
ReplyDeleteCountry: Zimbabwe
Cohort: 6
Batch: A
Earning income is a very vital stage which require profound entrepreneurial skills to deliberately take money from people in exchange to the offered services. Financial literacy bring a complex version of income which needs to be understood in order to ensure multiple streams of income into the pocket. Income empowers youths to invest and improve their lives through livelihood diversity. Youths need to find ways to integrate passive and active income streams so that both bucket and pipeline mentality of income generation will absolutely result in safety nets in future. The scourges of unemployment, lack of capital, economic inequality and dependence, scotch the reliable flow of income, which calls for better macro, market and micro strategic planning and positioning to open income avenues that do not dry up. Developing soft digital skills that are relevant to the modern world increase income streams that offer youths industrial spaces to strategically and meaningfully withstand market and macro socioeconomic shocks that threaten startup businesses. Income with the right skills is an economic key and a gateway to affluence if determination, dedication, creativity and business validation art are common denominators among the youths.
Name: Brivin Muia
ReplyDeleteCountry: Kenya
Cohort: 6
Batch A
Summary:
As KAFI leaders we should have several streams of income and not depending on employment income only.
For the passive and active income, it's advisable to consider having both since it assures for independence and security since life is un-predictable. As financial literacy leaders we should acquire several skills such as : digital, entrepreneurial, financial literacy and soft skills in order to open more opportunities. As we earn we should also consider saving and investing which will make us grow financially.
Sharon keror
ReplyDeleteCohort6
Kenya
Earning income is the money you receive from work ,business or investment.There are different types of income that is passive and active.
I also learnt that young people often face challenges like unemployment, low pay, limited skills, and lack of capital, but these can be overcome through learning and creativity. Finally, I learnt that financial literacy helps in managing income wisely through earning, saving, investing, and creating wealth
Full name: Sunday Chanda
ReplyDeleteCountry: Zambia
Cohort: Cohort 6 – Batch A
Summary of what you have learnt:
I have learnt that income is the money earned through work, business, investments, or other channels, and it forms the foundation of financial stability and independence. Understanding the different income sources—employment, business, investment, freelancing, and other inflows—helps young people diversify how they earn. I have also learnt the difference between active income, which requires direct effort, and passive income, which continues to generate money with minimal ongoing work. This module has shown me that building valuable skills, including digital, entrepreneurial, soft, and financial literacy skills, increases earning opportunities in today’s economy. I gained insight into the challenges many young people face, such as unemployment, low pay, limited capital, and poor financial habits, and how skills and creativity can help overcome these barriers. The module reinforced that financial literacy links income to long-term growth through earning, saving, investing, and giving. As a KAFI Leader, I now understand how to teach students about income, encourage ethical ways of earning, and inspire them to build sustainable pathways to financial empowerment.
Name: Lizzy Zizila
ReplyDeleteCountry: Zambia
Cohort: 6
Batch : A
I have learnt that income is the inflow of money while expenses are the outflow. As a young leader teaching financial literacy i should aim for passive income, which means i have to start saving now for a better tomorrow. I have also learnt that financial literacy teaches you to manage income you earn.
Full name:
ReplyDeleteAbariche Emelia
- Country:
Ghana
-Cohort 6: Group A
- Summary of what you have learnt:
I have learnt that earning income is the foundation of financial independence and stability. This module taught me the different sources of income employment, business, investment, freelancing, and other sources and the distinction between active income, which requires direct effort, and passive income, which continues to earn over time. I now understand that developing valuable skills, both digital and soft skills, is essential to creating income opportunities. The module also highlighted common challenges young people face, such as unemployment, low wages, and lack of capital, and how financial literacy helps manage income wisely to build wealth and reduce poverty. As a KAFI Club leader, I am better equipped to teach students how to earn, manage, and grow their money responsibly, fostering independence and long-term financial empowerment.
NAME: MARIE ELLEN COLLEY
ReplyDeleteCOUNTRY: THE GAMBIA
COHORT6: (GROUP C)
BATCH A
SHORT SUMMARY ON EARNING INCOME.
This module teaches me that income is the foundation of your financial journey, enabling savings, budgeting and achieving financial goals. Financial literacy helps us manage the income you earn. Without proper financial skills, managing income becomes a problem. So we need financial literacy to be able to understand our earnings, manage, save and invest our income to eradicate poverty, create awareness and opportunities for others.
Mellen otieno
ReplyDeleteKenya
Cohort 6
Batch B
Income is the foundation of financial journey and it builds financial independence and stability. I also learnt some of the problems faced by young people is unemployment and skills. Financial literacy helps young people how to manage the little income you earn.
NAME:NIYIBITANGA STRATON
ReplyDeleteCOUNTRY:BURUNDI
COHORT:6
BATCH:E
Earning income is seen as one of the most important aspects of financial literacy.Before spending our money wisely we have first to be awere of how money comes into our wallets.Earning money fir young people is the most criticak oint for achieving stability,independance and freedom.
Income is here defined as the money we areceive as an exchange to our time,ideas and efforts.This module also empowers us by guidind us to skills that help to create earning opportunities,some challenges that youbg people face in earning income and linking income to financial literacy and poverty reduction.
As financial literacy leaders,we are invited to help others discover their opportunities, to earn and grow which lead directly to poverty reduction an economic systainability for communities.
Akem Aurelia Njang
ReplyDeleteCameroon
Cohort 6 (B)
Earning income is more than just having money. It's about value propositions and opportunities.
There are different ways to earn income, I have been unemployed and focus more on active income sources which are unstable. I have learnt that it is important I build passive income earning strategies.
For me as a young person in Africa, I have to develop digital and practical skills to earn. Having different streams of income and knowing how to properly manage my income is important.
Most often I give even before I grow. I have learnt that after I earn, I need to save, invest, grow before I give and not the other way round.
My income and my expenses determine whether I end up with savings or in debt so I need to be wise. Whether I am freelancing, running my business or employed, I have to plan out my expenses and track my income.
In this module, I learned that income is the money we receive from work, businesses, or investments. It can come from multiple sources such as employment, entrepreneurship, freelancing, or investing. I also understood the difference between active income, which requires continuous effort, and passive income, which keeps coming even when you are not working. The module emphasized that developing skills particularly digital, entrepreneurial, and financial skills can open up more earning opportunities for young people. I also learned about challenges like unemployment and low wages and how financial literacy helps in managing and growing whatever income is available. Overall, the module showed that earning and managing money wisely is essential for achieving independence and long-term financial growth.
ReplyDeleteName: Christine Ndunge
ReplyDeleteCountry: Kenya
Cohort 6
Batch B
This module has taught that income is the money we earn from work, business, skills, or investments. There are two types: active income , that is the money you work for and passive income is the money that continues to come in with little effort. I have also also learned that building skills especially digital, entrepreneurial, and soft skills helps increase earning opportunities.
Name: Ongezwa Mlambo
ReplyDeleteCountry: South Africa
Corhot: 6
Batch: A. Group D
What you've come in with, is what you'll get at the end. Put more hard work in everything you do, so that you can see better results.
Goals are what drive you to work, they're what inspired you and drive you, so that you can earn and work according achieve them at your required time frame.
Name: Jasper Opio
ReplyDeleteCountry: Uganda
Cohort 6 (KAFI GROUP A)
n this session, I learned that relying on a single income source limits my financial growth and increases my vulnerability. The session helped me understand the importance of developing multiple income streams,earned, passive, and portfolio to build a strong and secure financial future.
I also realized that my skills and talents can create new opportunities for income if I use them intentionally. This lesson inspired me to think beyond survival and focus on building income that aligns with my long term goals, personal purpose, and financial independence.
Income helps us achieve independence, stability, and success.
ReplyDeleteThere are different types of incomes and skills that allow us to earn.
It can be higher or lower than our expenses.
A higher income allows us to save while one lower than our expenses puts us in debt.
caroline syaluca
ReplyDeleteZambia
cohort 6 B
Earning income comes in different forms.
passive income is an income that has a prolonged generation of income.
A person must not depend on one source of income instead they need to have different skills that will bring income.
It is difficult to start a business when you don't have were to get the capital.
we must not depend on employment but should create opportunities of our own.
Kevin Wamalwa Manyonge
ReplyDeleteKenya
Cohort6 Batch A
Leone
Through this module I have learned that earning income is a vital foundation for achieving financial stability and growth. Through this module, I gained valuable insights into the different sources of income, including employment, business, investments, freelancing, and passive income. Understanding these sources has broadened my perspective on how individuals can diversify their earnings and achieve financial independence.
The case studies of Maria, David, and Sarah provided real-life examples of how people can leverage their skills and passions to create successful income-generating opportunities. Maria’s digital marketing business, David’s freelancing photography career, and Sarah’s investment strategy each demonstrate how creativity, dedication, and financial literacy can lead to lasting success and independence.
I also learned about the importance of developing marketable skills—such as digital literacy, entrepreneurship, and sound financial managementthat open doors to new earning opportunities. By applying these principles, I feel empowered to make informed financial decisions, create multiple streams of income, and build long-term wealth.
Audrey Mutale
ReplyDeleteZambia
Cohort 6
Batch A
I have learnt that income is just more than money in the pocket but it can be used to for different activities.
In financial literacy income is: Earns, profit, returns.
Employment income (salaries/wages)
Business and entrepreneurship income.
All the types of income have there own advantages and disadvantage
Active income when you stop working income also stops
Passive income money that is saved in businesses, online savings and it creates long term stability.
Developing marketable skills is important like graphic design, entrepreneurship, soft skills.
If you don't have funds it is difficult to start a business. Therefore, identify opportunities in your community that can lead to income generation.
It's not just about how you earn or but how well you can manage what you earn. Diversify and teach others.
Earning income is not just about survival, but teaching others, creating opportunities.
Kodjo Nukunu Emmanuel ADOGLI
ReplyDeleteTogo
Cohort 6
Batch A
Knowing the difference between active and passive income is a great plus for me today. This has enabled me not only to learn how they are made, but also and most importantly how to switch from active to passive income and help others reach this level too.
Name: Shamim Chatama
ReplyDeleteCountry: Malawi
Cohort. : 6
Batch. :B
Group. : I
Through this module, I have gained a deeper understanding of how income forms the backbone of financial stability and independence. I learnt that income can be generated through various channels—employment, entrepreneurship, freelancing, investments, and creative work—and each path offers unique opportunities and limitations. The distinction between active and passive income stood out to me, especially the importance of gradually building assets that continue to generate income even when daily effort reduces.
The module also highlighted how essential skills are in creating earning opportunities. Digital skills, entrepreneurial thinking, communication, and financial literacy all play a direct role in improving one’s income potential. I now appreciate that earning money goes beyond hard work; it requires strategy, continuous learning, and adaptability.
I also learnt about the common barriers young people face, such as unemployment, limited capital, and low-paying jobs, and overcoming these challenges demands creativity, skill-building, and responsible money habits. This module strengthened my understanding of how income, when managed wisely through saving and investing, contributes to long-term wealth creation and poverty reduction.
Overall, the module has equipped me with practical knowledge that I can apply personally and also use to guide students through KAFI Clubs to think critically about earning income, explore ethical opportunities, and develop skills that can help them build sustainable financial futures.
Name: Noragbai P Naimah
ReplyDeleteCountry: Liberia
Cohort 6 (Batch A)
Group C
SUMMARY OF WHAT I LEARNED
From this module, I learned that income is the foundation of financial literacy because managing money wisely begins with understanding how money comes into your life. Income is simply the money you earn through work, business, investments, or other sources, and financial growth happens when income is greater than expenses.
I learned about the different sources of income such as employment, entrepreneurship, freelancing, investments, and other forms like gifts or royalties. The module also helped me understand the difference between active income, which stops when you stop working, and passive income, which continues to flow even with minimal effort. Building assets that generate passive income is important for long-term financial freedom.
The module also highlighted the importance of developing skillsmdigital skills, entrepreneurial skills, soft skills, and financial literacy skills to increase earning opportunities. I understood the common challenges young people face, including unemployment, low income, limited capital, and poor financial habits.
Finally, I learned how earning income connects to financial literacy and poverty reduction. By earning, saving, investing, and managing money wisely, young people can build wealth and create opportunities in their communities.
Name: Sheril Olal
ReplyDeleteCountry: Kenya
Cohort: 6
Batch: B
Group: H
I learned that income is the money we receive for our work, ideas, or investments, and it can come from jobs, business, freelancing, or assets. There are two types of income active (earned through working) and passive (earned with little effort over time). I also learned that developing digital, entrepreneurial, soft, and financial skills increases earning opportunities. The module highlighted challenges young people face, such as unemployment and lack of capital, and showed how financial literacy helps turn income into long-term wealth. Overall, earning is not just about money it’s about creating value, building skills, and using income wisely to grow financially and empower others.
Precious Joseph
ReplyDeleteMalawi
Cohort D
I have learnt that income is the money that we recieve in jobs ,investment or for a particular business and assets as well managing money wisely begins with understand of where money comes from common challenges that young people faces this helps to build busssiness plans that can help to deal up with poverty
Name: Ntsane Mosanteli
ReplyDeleteCountry: Lesotho🇱🇸
Cohort: 6
Earning income is one of the most important aspects of financial literacy. To manage money wisely, you must first understand how money comes into your life.
For young people learning to earn income is a foundation for achieving independence, stability, and success. I have learned that sources of income differs.The difference between active and passive income.
By understanding these, you will be better equipped to make informed financial decisions and create multiple streams of income that lead to long-term wealth.It can come from employment, business, gifts, or other sources. Income – Expenses = Savings or Debt.Thst says if income is higher than expenses → you save.
When expenses are higher than income → you borrow or go into debt.There are several ways to earn money. Some require physical work; others depend on investments or digital skills. Money has been categorised in a form in how it's earned like salaries/ wages which is the money earned from working for someone else or an organization.
Low-paying jobs: Even employed youth often earn below living standards due to lack of skills.
Poor financial habits: Some waste earnings on wants instead of saving or investiing.Young people who understand how to earn, manage, save, and invest income can break the cycle of poverty and create opportunites.Earn → Save → Invest → Grow → Give.Categorize your income as active or passive.Building skills increases your earning power.Financial literacy helps you manage income wisely.The goal is not just to earn, but to grow and sustain income.Earning income is more than making money, it’s about creating value, using skills, and managing opportunities wisely.When young people learn how to earn ethically and sustainably, they gain independence, build wealth, and inspire others to do the same.As a Financial Literacy Leader, your mission is to help others discover their potential to earn and grow, thereby reducing poverty and promoting economic empowerment across communities.
Bora Rwarinda
ReplyDeleteUganda 🇺🇬
Cohort 6 Batch A
The most interesting thing I learned is that income comes from many sources, not only from a job. Skills, small businesses, and investments can also help us earn money. I also found it interesting to learn the difference between active income and passive income. Active income stops when you stop working, but passive income can continue even when you rest.
And that when income is less than your expenses you enter Into debits and while is more you save or invest
Another key lesson is that skills are very powerful. Learning one useful skill, especially a digital or practical skill, can help a young person earn income anywhere. Finally, I learned that earning money is not enough. Financial literacy helps us manage, save, and invest our income so we can grow and have a better future.
Name: Ijeoma Joy Ezegbulam
ReplyDeleteCountry: Guinea
Cohort: 6 (Batch A)
Summary of what I learnt: From the Earning Income module, I learnt that earning income is the foundation of financial independence. To manage money effectively, one must first understand how to earn it—whether through employment, entrepreneurship, or investment. I also learnt the importance of developing skills, using available opportunities, and being consistent in efforts to create sustainable income sources.
Alexander Ogbolu from Nigeria 🇳🇬
ReplyDeleteCohort 6(A)
This module provides a comprehensive understanding of earning income, developing skills, and managing finances to achieve financial stability and growth.the 5 points i have taken from this module are as follows:
1. Income sources: Employment, business, investments, freelancing, and other sources.
2. Active vs. passive income: Active income requires direct effort, while passive income generates earnings with little or no daily effort.
3. Skills for earning: Digital skills, entrepreneurial skills, soft skills, and financial literacy skills.
4. Challenges: Unemployment, low-paying jobs, lack of skills, limited capital, and poor financial habits.
5. Financial growth formula: Earn, save, invest, grow, and give.
Name. Paul Ochieng Otieno
ReplyDeleteCountry. Kenya
Cohort 6
Batch b
Group j
Income refers to money earned from work, business, or investments. It can come from different sources such as salaries and wages, small businesses, farming, freelancing, and investments. The module distinguishes between active income, which requires continuous effort and time, and passive income, which is earned with little or no daily involvement after initial setup. Understanding income is closely linked to financial literacy, as it helps individuals plan budgets, save effectively, invest wisely, and make informed financial decisions for long-term financial stability.
Name. Paul Ochieng Otieno
ReplyDeleteCountry. Kenya
Cohort 6
Batch b
Group j
Income refers to money earned from work, business, or investments. It can come from different sources such as salaries and wages, small businesses, farming, freelancing, and investments. The module distinguishes between active income, which requires continuous effort and time, and passive income, which is earned with little or no daily involvement after initial setup. Understanding income is closely linked to financial literacy, as it helps individuals plan budgets, save effectively, invest wisely, and make informed financial decisions for long-term financial stability.
- Nome completo: Fátima Jeremias Mimbire
ReplyDelete- País:Moçambique
- Turma:cohort group O
- Breve resumo:Neste modulo pude entender que ganhar renda é um dos aspectos mais importantes da educação financeira. Para administrar o dinheiro com sabedoria, você precisa primeiro entender como ele entra na sua vida.
PRINCESS OTUMANYE
ReplyDeleteUGANDA
COHORT 6
BATCH B
To manage money, you must first learn how earn it. To achieve financial growth, your inflow of income must exceed you outflow. Money can be earned from employment, Entrepreneurship, investments,gigs, or gifts grants and allowances. One should aim to grow from active income which when you stop working you earning, to passive income which keeps earning even when you put little or no effort. Earning in this era requires more skills than hard work. One should atleast a skill to earn income from whether offline or online. The skills include digital skills, Entrepreneurial skills, soft skills and financial literacy skills. Young people require the right education, creativity and continous learning to overcome challenges that affect incomes. To overcome poverty, we need to earn, save, invest, grow and give.
Leaders need to help other people discover their potential to earn money and grow financially
Name: Lavington Odhiambo
ReplyDeleteCountry: Kenya
Cohort: 6 Batch B
To manage money prudently, you must first understand how money gets into you pocket.
For young people learning to earn income is a foundation for achieving financial independence and stability. I have learned that sources of income differs.The difference between active and passive income.
By understanding these, you will be better equipped to make informed financial decisions and create multiple streams of income that lead to long-term wealth. Money comes from employment, business, gifts, or other sources. Money has been categorize in terms of how it's earned like salaries/ wages which is the money earned from working for someone else or an organization. Financial literacy helps you manage income wisely.The goal is not just to earn, but to grow and sustain income.Earning income is more than making money, it’s about creating value, using skills, and managing opportunities wisely.When young people learn how to earn ethically and sustainably, they gain independence, build wealth, and inspire others to do the same.As a Financial Literacy Leader, your mission is to help others discover their potential to earn and grow, thereby reducing poverty and promoting economic empowerment across communities.