Financial Stress

Stress.  I hate that word.  It makes me think of banging my head on my desk or the wall or my steering wheel (depending on where I am).  We all have stress in our lives. We all react to it in different ways but handle it pretty much the same – we try to ignore it.  “If I don’t think about it, it will go away” … but, it doesn’t.  It just gets tighter and heavier until we have no choice but to deal with it.  Like the old saying, “What we resist, persists.”

More times than not, money is the source of our stress.  The bills are piling up and we try to ignore them but it’s too late. The late fees and debt have evolved into something that seems unbearable.  You’re living paycheck to paycheck, collecting change so you can fill your gas tank, trying your best to not think about the shutoff notice from your electric company … Sitting there enjoying your dinner with candles strewn throughout your house and a pack of matches beside your plate “just in case”.

I often get a call from a structured settlement recipient in just that situation, wanting to sell their future annuity payments because they need a lump sum of money.  Unfortunately, they’ve reached a point (after trying to ignore their stress) where they needed the money months ago, and now they are desperate.  If you’re in need of money or your bills are piling up and you have a structured settlement with a payment stream that isn’t meeting your needs – be proactive, act now, address your problems before they cost you more than just money.

(We encourage you to seek help from a financial advisor before making any significant financial choices including cashing out future settlement payments)

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