This is a badge bit (
BB) that is part of the
PEA curriculum. Completing this BB is part of getting the sand badge in
Commerce.
Develop a possible
residual income stream that brings in at least $10 per year
- Must bring in at least $3.99 before this BB is complete
- Describe how this will continue to bring in an income for at least a few years
- Do something where if you went to the middle of the ocean for a year, you'd come back and your bank account grew
- For purposes of
PEP, it must be something you
developed
- Product development, residuals, royalties and pensions count
- Not something you bought your way into (investment, dividend, CD, etc)
- Not something that happened to you (insurance claim, accident payout, inheritance, etc)
Here is a
Big List of Real Residual Income Streams
To get certified for this BB, post the following:
- a description of your income stream and how this will continue to bring in an income for at least a few years
- a link to it
- a picture of proof it made $3.99 or more (needs to identify you but you can smudge out other personal info)