Remuneration and salary is the reward for a task or tasks that is fulfilled. This is usually in monetary terms and could be in other forms as per contract/agreement. This amount is usually fixed and limited to a certain amount.
Drawings is a drawing of monies from the capital + income generated from business activities. This amount is not fixed and is purely the monies that are retrieved from the business that one is in.
So either you work for someone and get paid for it (fixed amount).
Or
Or
You work for yourself and get paid for it (if you win/earn $).
If u choose the latter, the impact is simple.
You throw away your security, take up calculated risk,
and give it your all. You win, you get $, you lose, you lose $.
If u choose the former, the impact is no brainer.
You take up security, do your 8to5,
and check your atm at the end of the month.
No more, no less.
It's a choice.
None is wrong.
But rem to look at the extrinsic side of things too yea?
posted by py @ 3:49 PM
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