There are a number of reasons why people sell their structured settlement and annuity payments to receive their cash now.
Below are just a few of the many reasons:
- To pay off immediate debts: pay down or completely pay off your credit cards, medical debt, student loans, car payments, rent/mortgage.
- To increase your savings account: one should always have 3-6 months worth of expenses in their savings account in the case of an emergency. These emergencies can range from a car breaking down and needing repairs, to a pet or child getting sick, or even loss of job and needing money to cover expenses while searching for another position.
- To invest: with extra money, the best place to keep it is the stock market where you will be able to see long term returns on your investment.
Citrine Capital will help you plan out what you want and need to put your money towards. Whether it’s paying off debt, increasing savings or investing!