How to Jump Start Paying Off Your Debt

Purchasing structured settlements

Getting out of debt can be a long and frustrating endeavor, but if you know how to get started, you will be fine. If you have friends or family in similar situations, or people in your life who know finance, reach out for help during your journey. You would be surprised at how many people are willing to help, but are hesitant to butt in. Many Americans today are in some form of debt, this is an unfortunate but true fact. But it doesn’t mean you can’t get yourself out of it. Read on for a few ways to get started.

Set Goals

The first thing you need for any journey is a set of goals. Be sure that you set reasonably attainable goals. If your en…

Selling Your Structured Settlement Why It May The Best Option For You

Manage your finances

Winning a personal injury lawsuit is initially a powerful feeling, with most believing that their problems will be immediately solved. Unfortunately, this is not always the case. A structured settlement will distribute money over the course of months or even years, rather than presenting a lump sum all at once. The unfortunate thing about this is that many need a large amount of money in a short amount of time, rather than smaller payments over a lengthy stretch of time. Luckily, there is a way out of this messy situation ? you can cash for structured settlement payments. So, why choose the cash for structured settlement option? There are plenty of reasons.

If You Sell Your Structured Settlement, You Can Solve A Lot Of Problems

Altogether, American consumers owe $1…

Should I sell My Structured Settlement?

Cash in structured settlement payments

A lot of people in the United States have structured settlements from lawsuits of lotteries. These are paid out over decades in lieu of giving them one lottery lump sum payout. For instance, people who win the Mega Millions lottery get one payment up front and then the rest is paid out over 29 years and each year they pay out 5% more than the year before it. Powerball has a similar plan, their payments go on for 30 years.

A lot of Americans receive payments from their structured settlements, more than 37,000 people receive these payments each year. In 2013, individual deferred annuities came to $2.58 trillion, this was for 34.8 million contracts. It’s clea…

4 Financial Questions Everyone Ought to Ask Themselves

Sell my structured settlement payments

Money makes the world go around, but for some people, it could feel like the world has stopped spinning. Financial strain is an epidemic that is sweeping across America with increasing vigor. As a result, financial advisors and settlement lawyers have found more work than ever. These are four financial questions that you may want to ask yourself.

Am I Paying Too Much in Taxes?
Taxes get lumped on to everything, its our way of paying for services that enrich our lives, but how much is too much. Today, the maximum income tax rate is set at 35%. If you end up paying more than that amount, you may be entitled to a cash settlement.

Should I Quit My Job if I Have an Annuity?
Winning the lottery is a dream come true for a lot of pe…

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