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Develop a residual income stream - PEP BB commerce.sand.residual

BB commerce - sand badge
 
Paul Fookes
gardener
Posts: 2106
Location: Gulgong, NSW, Australia (Cold Zone 9B, Hot Zone 6) UTC +10
999
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posted 2 years ago
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Developing a residual income is necessary to maintain an adequate lifestyle in retirement.  In Australia the current CPI is around 5% per annum but the aged pension is indexed at 2.5% meaning that about 2.5% of the pension rate has to be found to maintain spending parity.  This BB shows our residual income from Superannuation. Employers contribute to a residual income in retirement called superannuation. To ensure that I can document my PEP journey and update information as I learn more, I have created a journal.  The journal entry for this BB is shown below.
For your consideration.
2-Commerce-Sand-Journal-Residual-Income.jpg
BB Journal Residual Income
BB Journal Residual Income
2-Commerce-Sand-Payment-Summary-Residual-Income.jpg
Proof of Residual Income for Last Financial Year
Proof of Residual Income for Last Financial Year

Failure is a stepping stone to success. Failing is not quitting - Stopping trying is
Never retire every one thinks you have more time to help them - We have never been so busy

Staff note (gir bot) :

Someone flagged this submission as an edge case BB.
BBV price: 0
Note: This seems to be something you bought or invested in?  If so, it isn't a fit due to the requirement "    - Not something you bought your way into (investment, dividend, CD, etc) "

Staff note (gir bot) :

Someone approved this submission.
Note: This submission has been edited to be different from the original submission.  Now it is closer to a "pension".

 
Melody Cary
Posts: 5
5
posted 2 years ago
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(This is my first attempt at getting a badge approved, so please let me know if I'm doing this right!)

I created a coloring book that I self-published on Amazon. It's print-on-demand, so I earn royalties every time someone purchases it.

Link to coloring book: https://www.amazon.com/REAL-CATS-Coloring-Book-Adults/dp/1729809715/

Included a screenshot of one royalty payment that came through recently.

It's not making much right now, but certainly fits the "less than $5 per year" requirement of this badge! I'll be making more soon and hope that this can qualify me for the other badges in the future!
PEP-commerce-proof-of-residual-income.png
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Bethany Paschall
pollinator
Posts: 196
Location: In the foothills of the Blue Ridge Mountains
118
I like...
homeschooling cat personal care foraging trees hunting books food preservation fiber arts medical herbs writing
posted 2 years ago
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I do art and photography as side hobbies. My Dad found a site that you can upload your work and they will print in on stickers, T-shirts, mugs, etc. and give you a percentage of the profit. I have 40 designs up on my shop and I got my first sale today. This income has no foreseeable ending.

Here is the link to my Redbubble shop
BethyBeeHerbs.redbubble.com
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"And we urge you, brothers and sisters, warn those who are idle and disruptive, encourage the disheartened, help the weak, be patient with everyone. Make sure that nobody pays back wrong for wrong, but always strive to do what is good for each other and for everyone else."
1 Thessalonians 5:14-15

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John Pachall
pollinator
Posts: 72
54
posted 2 years ago
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For making a residual income I decided to post some of my previous and ongoing art projects on a site called Redbubble, which lets you post your art on their site, and other people can buy your artwork on various items, then Red bubble pays you 20% of the income they made off of your work.


Oh, and by the way. If you want any of my art it's still available on Redbubble.
Here's the link.
redbub1.png
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Staff note (gir bot) :

Someone flagged this submission as an edge case.
BBV price: 0
Note: Could you include:      - A link to something that validates the income stream exists

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Nicole Alderman approved this submission.
Note: I hereby certify that this badge bit is complete! Thanks for posting a link!

 
Jason Tuller
Posts: 38
Location: Omaha, United States
16
3
posted 2 years ago
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I have a residual income stream from a book I wrote:  https://www.amazon.com/Easy-Business-Plan-business-straight/dp/1731505329/ref=sr_1_1?crid=3MPJTT13SMB7O&keywords=jason+tuller&qid=1674336182&sprefix=jason+tuller%2Caps%2C279&sr=8-1

It doesn't earn much, but it earns $5 bucks a year.

I added my 1099-misc.





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Someone flagged this submission as an edge case.
BBV price: 0
Note: The "proof of income" pic needs to somehow identify you but you can smudge out any personal details

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Someone approved this submission.

 
Jason Tuller
Posts: 38
Location: Omaha, United States
16
3
posted 1 year ago
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I added in the picture of identification in the post above.
 
Holly Magnani
Posts: 84
Location: Columbus, OH
29
2
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posted 1 year ago
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I few years ago, I wrote a book rather abruptly...if one can actually do that. It does need to be rewritten but it draws money every month. I have it on Amazon and a few other places.  This book tends to make more money around the holidays. I don't promote it at all. I probably should. I get paid two months in arrears so this month (Jan), I will get November's royalties. See attachment. It continues to make money because I leave it up there. If I take it down, it won't. :-)

https://www.amazon.com/How-Not-Be-Asshole-century/dp/0692707298/ref=sr_1_1?crid=XRMIBSL6S0BH&keywords=how+not+to+be+an+asshole&qid=1674680648&sprefix=how+not+to+be+an+asshole%2Caps%2C89&sr=8-1

Screenshot-(26).png
November 2022
November 2022

My alter ego who has a potty-mouth wrote a book. Check it out here: https://www.amazon.com/Adulting-101-your-straight-succeed/dp/1732148503/ref=sr_1_5?crid=3FBIUWQCJQAPM&keywords=adulting+101&qid=1675194062&sprefix=adulting+101%2Caps%2C96&sr=8-5

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Jean Rudd
Posts: 17
Location: Front Range, Colorado: Zone 5b
4
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posted 1 year ago
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Hi.  I made my first sale of an ebook I wrote called The Poetry Hater's Guide to Loving Poetry https://selfeducatingfamily.com/poetry-guide-landing-page/.  I have a website for learning and Charlotte Mason-style homeschooling and I was never able to appreciate poetry before I wrote this.

The guide is designed to help homeschoolers incorporate poetry studies year-round with classic seasonal poems.  So it's a timeless ebook and won't become outdated as a revenue stream.  It's not permaculture related unless you count growing children!

Here's a picture of my first sale in Stripe.

Screenshot-2023-03-16-123928.jpg
First Sale of Poetry Guide
First Sale of Poetry Guide

~ jean (self-learner, homeschooling mom, DIY'er)
Teach the next generation by teaching them to love learning | https://selfeducatingfamily.com/

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Sara Hjalmarsson
Posts: 15
Location: Skara, Sweden, Europe
4
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posted 1 year ago
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Hey there,

I'm not sure if this counts, but I believe I have a potential residual income stream here. To be sustainable long-term, this needs to grow, with more subscribers. The simplest way to make this income stream work long-term is to automate the publication of posts several months in advance (I've already automated the posts for publication 2 weeks in advance), hire a VA to respond to subscribers and produce more content while I'm sitting on my mountain top. This particular stream is focused on makeup and special effects but also funds the production of a comedy series that will be hosted at Vimeo Video On Demand for a more passive residual income.

I also have a Patreon page for my videos and blogs about solar cooking and self-sufficiency (patreon.com/sunchefsara), but it is not generating income at present.

I published a book in 2008 and it was a nice source of passive income, but it is out of print now. I have two new books in the pipeline, though. Both of these will be sold on online platforms (probably Lulu and Amazon). If none of the above qualify me for this badge, I'll come back once my books are published.

Best regards,
Sara Hjalmarsson
patreon.jpeg
Patreon subscriber
Patreon subscriber

Solar chef, entrepreneur, digital nomad, polymath. The more you know, the more you can get done.

Staff note (gir bot) :

Someone flagged this submission as not complete.
BBV price: 1
Note: Sorry, that stream isn't passive enough (employing a VA, etc).  The other ones sound like great options.  You may consider posting your out-of-print book to IngramSpark to "print on demand".

 
Sienna Scott
Posts: 80
Location: Zone 5a, Southern Wisconsin
68
2
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posted 1 year ago
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I wanted a way to quickly remember facts about my local fungi and fauna- I found that the best way- outside of a book (which is a whole other thing) were zines.
A zine is a small magazine, I wanted to make on that could be folded into something small and wouldn't break the bank to replace.  I was originally going to make a big thing, but the format itself meant I had to limit the number of entries per sheet- and for liability reasons I had to make sure I wasn't making any definitive medicinal claims.
So, with these limitations in mind, I chose to make a zine about identifying and foraging for mushrooms to be used in teas. I spent a few weeks researching and making the art for the zine and I did it all digitally.
Doing  it this way meant I could basically list the file on Etsy for a reasonable price, and anyone who had a bit of curiosity and a few bucks could buy it. As it is a digital file, there's no limit on that front, and Etsy lets me auto renew the listing with no input on my part. Eventually I'll move it to another service, but this has been pretty set and forget and should work for as long as I leave it up.

Here's a listing for the first zine I made: https://www.etsy.com/listing/1330097303/foraged-peculiari-teas-shelf-fungi
and my first sale!
I do all my creative work over the winter, so come December, I'll be updating the art for these zines, finishing a flower tea edition, working on a new one for quick conifer ID, and another for berries.
proof.PNG
Woo $3.21 richer :p
Woo $3.21 richer :p

"We are not destructive by nature but by habit" - Neal Spackman
I keep some of my personal and community projects here if you're interested: My Blog & My Instagram

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Tina Wolf
gardener
Posts: 2108
Location: Zone 8b North Texas
563
3
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posted 1 year ago
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I wrote a couple meditation books and published them on Kindle Direct.  I mainly share them but have made money from them as seen below.


This is the main listing for the owner in Kindle Direct.


This is the royalties page for my books on Kindle Direct.

Commerce BB certification submission

Permaculture Playing Cards / Wood Heat 8 DVD Set / Jumbo DVD Package

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Timothy Norton
master gardener
Posts: 4249
Location: Upstate NY, Zone 5, 43 inch Avg. Rainfall
1721
I like...
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posted 1 year ago
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Requirements:
    - Must bring in at least $1.99 before this BB is complete
    - Describe how this will continue to bring in an income for at least a few years
    - 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)
  - This income must be able to continue to come to you even if you're on a mountain top for 3 years without internet access

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 something that validates the income stream exists
  - Proof it made $1.99 or more (needs to identify you but you can smudge out other personal info)

Verification - https://permies.com/p/2155994

My income stream is actually from the Permie's affiliate program. I have found by strategically placing hyperlinks in places that have sustained traffic, I can bring in income from the clicks that come my way. Once the front end work of placing the links is done, it self sustains.

ResidualIncome.png
Affiliate
Affiliate

- Tim's Homestead Journal - Purchase a copy of Building a Better World in Your Backyard - Purchase 6 Decks of Permaculture Cards -
- Purchase 12x Decks of Permaculture Cards - Purchase a copy of the SKIP Book - Purchase 12x copies of Building a Better World in your Backyard

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R West
Posts: 82
Location: Shenandoah Valley (Virginia) Zone 6b
44
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posted 11 months ago
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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 something that validates the income stream exists

A year or two back, I created a Redbubble account as a way to burn off some artistic steam and hopefully make a couple bucks as a byproduct. I made some money in 2022, then I got busy and stopped posting new stuff at all this year. I still made $6.09 in 2023. Not big bucks, but still money. I'm guessing I'll keep selling a few things from the shop here and there.

Here's the shop: https://www.redbubble.com/people/AlleghenyDesign/shop

My name isn't attached to this shop in any way, but I screenshotted the dashboard in Redbubble and the matching payment from my bank transactions list. If that's not enough, I'm not sure how to get a picture that identifies me more definitively?
redbubble-payment-2024.png
the grand $6.09
the grand $6.09
redbubble-payment-in-bank.png
[Thumbnail for redbubble-payment-in-bank.png]

"If we are not willing to fail we will never accomplish anything. All creative acts involve the risk of failure." - Madeleine L'Engle

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J Garlits
gardener
Posts: 504
Location: Wabash, Indiana, Zone 6a
245
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posted 11 months ago
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My income stream is royalties from ebooks hosted at Draft2Digital

My author portal on D2D's public-facing website Books2Read is here: https://books2read.com/ap/81kMlv/Jim-Garlits

Here is a picture of my (measily) 2023 earnings:

https://jimgarlits.files.wordpress.com/2024/01/draft2digital-jim-garlits-2023.jpg?resize=450%2C450

Here's another something I'd forgotten about until recently: https://jimgarlits.wordpress.com/2010/07/03/for-the-birds/

When I was making these birdhouses, I sold about a dozen of them, mostly the $10 ones, several $20s. At the time of the blog post back in 2010, I'd only sold 3, but they were all $10 houses, though one lady tipped me ten, too. I didn't give receipts, but hopefully the post will show it's own legitimacy. Still have to go out and earn $50 for some Permaculture labor...

Passionate advocate for living at a human scale and pace.
Help me grow the permaculture presence in Indiana https://permies.com/t/243107
Concise Guide to Permies' Publishing Standards: https://permies.com/wiki/220744

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Patrick W Kelly
Posts: 92
41
posted 9 months ago
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Are cash back rewards on a checking account considered residual?
 
Mike Haasl
steward
Posts: 15505
Location: Northern WI (zone 4)
4846
7
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posted 9 months ago
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Not as I read the requirements:

- Not something you bought your way into (investment, dividend, CD, etc)

SKIP books, get 'em while they're hot!!! Skills to Inherit Property

 
Rebekah Harmon
Apprentice Rocket Scientist
Posts: 853
Location: 4a, high mountain dessert
410
3
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posted 6 months ago
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I've been earning residual income for work I did several years ago in a network marketing company named doTERRA. It's main products are essential oils. It's been 6 years since I was active in the business, and I still receive monthly checks over $200. I am positive this income will continue for at least another 5 years, given the company's high customer retention rate. Even if I do nothing to encourage it.
Proof that the company exists: here is my personal referral link: https://referral.doterra.me/101514
Here's a class video I made over zoom then posted to YouTube several years ago: https://youtu.be/guW35vvmyGw?si=j_W6V7LF1jFjpH9-
20240628_224319.jpg
Deets blurred out of most recent check
Deets blurred out of most recent check

Being weird is easy. Making it mainstream is hard. Be brave! https://www.youtube.com/@healthygreenbrave

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Cheryl Loomans
pollinator
Posts: 245
77
I like...
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posted 2 months ago
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I created an account on Redbubble and added items to my shop. Now that it's setup it requires nothing from me (perfect for spending 3 years on a mountain top)
It will continue to bring in money as long as there is internet for people to shop.

Here's a link to the income stream

https://www.redbubble.com/people/H2oskis/shop?asc=u
20241106_104804.jpg
identifies me as the account holder
identifies me as the account holder
20241106_104733.jpg
correct margin image
correct margin image

"The winter will ask what we did all summer" - Henry David Thoreau

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This tiny ad's name is Bob. With just one "o".
rocket mass heater risers: materials and design eBook
https://permies.com/w/risers-ebook
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