What are higher wages?

Higher wages mean you get more money for doing your job.

Imagine you're selling lemonade at a stand. At first, you sell 10 cups and earn $5. That's like getting paid $0.50 per cup. Now, if you start selling more lemonade, maybe because you put up a bigger sign or added cookies, people buy even more. You sell 20 cups and now get $10. That means your wage went up to $0.50 per cup, but you're earning more in total.

Sometimes, when your job becomes easier or you do better at it, your boss might say, "Let’s give you a little extra money!" That’s like getting a raise, your wages go higher because you’re doing great work.

• If you work harder or longer
• If the job becomes more popular
• If you learn new skills

Think of it like growing taller. When you grow, your clothes don’t fit anymore, just like when you earn more money, you need a bigger piggy bank to save it all!