So much of our society revolves around money. The acquisition of it, the spending of it, and often, the sad lack of it. Overall, consumers in the United States owe a total of $11.91 trillion by way of one debt or another. There is plenty of money circulating, but the vast majority of the population…
Category: Selling your annuity
Top Reasons to Sell Your Annuity
Many of us dream of winning the lottery or a big lawsuit and of what we would do with all the money we would get. What most of us do not realize is that when a lawsuit is settled in our favor or we hit the big jackpot on a lottery, most of the winnings…
Four Reasons Annuity Payments are Better Than Lump Sum Payments
Deciding whether to choose a cash lump sum payment or an annuity payment can be a hard decision. There are advantages to both, however many people only see the advantages of choosing a lump sum payment and getting their money right now. Annuity payments have advantages too. Whether you choose to get them for the…
How Selling Your Annuity Can Give You a Much-Needed Cash Injection
From putting your child through college to building a dream home, it’s easy to think big with the right amount of cash lying around. Yet many Americans are cash-poor, living pay cheque to pay cheque, without any real savings; in fact, less than 30% of Americans save at all. Given that the average yearly cost…
3 of the Weirdest Lottery Coincidences of All Time
After winning the lottery, you must make some very serious, very deliberate choices. The first thing you have to decide is whether you want to accept your winnings in the form of a lottery annuity settlement, or as a lottery lump sum payout. The former would pay out smaller, lottery payments over the course of…