Getting the Most Value from Your Current Settlement Payments

A Guide to everything you should know about selling.

Download the PDF file

We can help you make the right choices

Download Our Guidebook Now!

Chapter 7

Getting the most value from your current settlement payments: Find a buyer of structured settlement annuity who wants you to be educated and make the right financial choices

Structured settlements law allows you to sell your payments, but does that mean it is the best thing for you? Actually, the best way to handle your finances is to make the most of your existing structured settlement payments. A caring buyer of structured settlement annuity payments, Strategic Capital wants to help you make the best financial decisions possible. We know that by learning to leverage the money that you receive and plan for the future you can make your financial world a better place. This involves creating a budget, learning to live off cash, buying “needs” and not “wants”, and more.

Of course, if you do sell your settlement payments you will need to make a solid financial plan to manage that as well.

If you do not have the money saved to manage life’s curve balls then this means that you need help – you are a poor money manager. That’s okay. The past is behind you – what you need to do now is make a change for the future. You need to educate yourself and make a change in your habits.

Educate Yourself Further

Before you run out and find a buyer of structured settlement annuity payments educate yourself. There are a variety of great books on the market, as well as free information, if you need a bit of help learning to better manage your money. Knowledge is power, so get the information and make a difference in your life. Here are a few sources for you to consider reading:

  • Suze Orman’s website – Web search Suze Orman and you will find her official website. It is full of excellent, free advice on how to invest your money, but also how to manage your money carefully and learn to live on a budget. Suze also has a variety of excellent books that can give you the information that you need, including, Suze Orman’s Action Plan. Remember, when it comes to structured settlements, Suze Orman says that you need to remember people first, then money, then things.
  • Dave Ramsey’s website – Here, you can get a ton of information from Dave Ramsey about saving your money, investing your money, and recovering from financial blunders. Dave’s site is full of great tools, and there you can buy his book, The Total Money Makeover, which can help you get your financial life back on track.
  • Clark Howard’s website – Clark is an everyday guy who made himself rich by making money, but also being careful with his money. Clark has a show on CNN, and a website, where he offers advice on saving your money, getting good deals, and not getting ripped off. Clark also has a number of good books on the market.
  • Jerrold Mundis’ book – Based on the foundations from self-help group “Debtors Anonymous,” Jerrold Mundis wrote an exceptional book called, How to Get Our of Debt, Stay Out of Debt, and Live Prosperously. This amazing book gives you the knowledge and motivation to stop living on credit and learn how to relieve stress and change your life by living on cash.

Watch and Learn how to Manage Your Structured Settlement Cash Out

Of course, if reading isn’t your thing, or you want to help someone get their financial life on track but they don’t like to read, remember that most of these sources are also available on audio book, or even DVD. Suze Orman has a great series on video about managing money in the new millennium called The Money Class. Dave Ramsey has a variety of books on audio CD – The Total Money Makeover and Financial Peace are both excellent. Your local library may have these, or you can rent them for cheap on online via an audio subscription service.

The point is, you need to educate yourself. Remember that selling your structured settlement isn’t the end. You have to then manage that money and your future earnings. The settlement cash is not the end, it is only the beginning of a new financial you! So keep on checking out the Strategic Capital website to get all the information that you need today!

And once you are ready to find a buyer of structured settlement annuity payments contact Strategic Capital for a free quote and answers to all your questions.

Build a budget!

The biggest financial blunder that people make is overspending. One way that people overspend is by getting their paycheck and going out to have fun before paying the bills. When you create a budget you give yourself a guideline for spending. You can then see, at a glance, how much money you need from your paycheck (or settlement sale) to pay bills, how much you can use for entertainment, how much you can save and more.