Sticking To The Plan After The Sale Is Final
Selling a structured settlement means you get your cash quick, and having a large amount of cash fall in your lap may seem like a windfall. It’s important, however, to not be distracted by such a large lump sum of cash.
It’s easy to start thinking that maybe you could do this with your money rather than that. Or that maybe you could spend a little bit of it, and replace it at a later date. But, any financial advisor will tell you that line of reasoning is a good way to wind up in debt.
If you’re selling your structured settlement, and you have a goal in mind for the cash you’ll receive, do yourself a favor and stick to the plan after the sale is final.
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