Source of Income vs Source of Wealth 

Source of Income vs Source of Wealth 

Source of Income literally means where the money is coming from. For an individual income could be from multiple sources such as employment, investment and welfare for example. For business it could be from particular markets, products, customers, investments or government grants whilst Source of Wealth is how you got the funds, for example from selling a property, an inheritance payment or a divorce settlement. Source of funds means the details of the bank account that the investment funds come from.

NOTE: Source is Income is where the money is coming from whilst Source of Wealth is how you got the funds.

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