How to Choose a Company to Help You Sell Your Structured Settlement

Selling your belongings generally isn’t all that complicated until you get into the world of real estate. Selling a car doesn’t generally require any expert advice. Selling unneeded items usually only means having a garage sale. However, things get a bit stickier when you move into the world of financial products, and that includes your structured settlement. There are a lot of things that you need to know about selling a settlement, and the industry can be more than a little murky for those who aren’t sure of their direction. A seller services company can help, but you need to choose the right provider.

Length of Time in the Industry

The structured settlement sales industry is relatively new, but that doesn’t mean you have to work with a company that has no verifiable history. Make sure the company you’re dealing with has a long history (dating back to 2007 or so). Not only does having a verifiable history prove that the company has been around, but it proves that they’re doing what it takes to stay in business.

Your Advocate, Not the Buyer’s

One thing you’ll notice when you start looking to sell your structured settlement is that a number of companies exist to serve buyers, not sellers. That’s certainly not in your best interests. Working with a buyer’s company does nothing to ensure that you get the most money possible for your settlement sale, and there’s the chance that you’ll be taken advantage of by an unscrupulous company. Make sure you work with a company that serves sellers, not buyers. You want an advocate on your side, not someone working for a buyer.

How Much Do You Get?

Understand that selling your structured settlement will not give you access to all of the money you have coming to you. Buyers don’t work that way. The difference between the total value of your structured settlement and the offer you accept is called a discount (it’s the profit that makes buying these settlements worthwhile for a company). However, there’s no reason that you have to accept a mere pittance. Working with a reputable seller services company will ensure that you offer the lowest discount possible (thus, maximizing the amount of your lump sum payment).

Partial Sales Welcome

You don’t have to sell your entire settlement. You can sell as little or as much of the total amount as you like. A reputable seller services company will explain that to you upfront in an attempt to help you make the wisest possible decision regarding your sale and your financial future. For some, selling the entire amount makes the most sense, but for others, selling only a portion and keeping the remainder in reserve is the better decision.

As you can see, working with a reputable seller services company to help you sell your structured settlement is vital. With the brief tips listed above, you should be able to make an informed decision for yourself.

Recycle your old CDs and help out a Charity

This post brought to you by MusicMagpie

Giving to a good cause and helping out a charity is something that everybody should aspire to do, but not everyone knows how to go about doing so. There is no shortage of charitable organizations that can do with any donations you are able to give them, so pick one that is close to your heart or have a cause that you can relate to. Once you have settled on a charity or charities that can benefit from your donations, the next step is getting the funds together.

It is no use bankrupting yourself in order to give generously to a charity, but surprisingly enough you might find that ordinary items found in your home could be a big help in generating cash. For example, many people have stacks of music CDs that have become all but obsolete in this age of Mp3s and internet downloads. Because of our busy lifestyles it has become easier to just purchase the songs or albums online and take them wherever we go on phones or Mp3 devices. While you might think that this has made your old CD collection worthless, nothing could be further from the truth.

Old Technology

If the thought of lugging your CDs to a pawn shop, only to be given a price that is not worth the effort, sounds like too much of a hassle there are other options available to get rid of old CDs without having to throw them away. Services like those offered by websites such as musicmagpie have taken all the fuss out of recycling your old CDs. Companies like these often use the cash generated to help out a charity. Everything is conveniently handled online so you can see exactly just how much money your old CDs will bring in to the charity. Depending on the size and type of CDs in your collection, this sum might just surprise you and be a big help to the charity of your choice.

It is not every day that you get to clean out some valuable space in your house while helping a charity at the same time, so it is definitely something worth looking into. It is certainly more practical than simply discarding your old CDs and contributing to the pollution of the environment. Obviously some CDs, such as the ones that contain old and obsolete computer backup data or ones that are damaged beyond repair cannot be traded in for cash. In these instances, you may have to get creative yourself and find ways to re-use the CDs in order to prevent them from ending up in a landfill.

You might not make any cash from recycling your old CDs yourself and re-purposing them for new uses, but at least you will be doing your bit for the environment. If you are really good, you could even sell your creations such as CD disco-balls and use that cash to help out a charity. It may not be as much as you could get from the original CDs, but every bit helps.

photo credit: RLHyde

Remember to Search for Coupons

I have a small confession to make to you.  Despite the obvious frugal focus of this site, I’m terrible at looking for coupons for things before I buy them.  I’m a calculated buyer.  I’ll price compare for hours before deciding on an item.  I’ll spend weeks bidding on things on eBay to get the price I want and the product I want.  But, I’m terrible at looking for coupons first.

My wife is the couponer.  She has a knack for finding coupons, collecting the deals up and using the coupons to buy what we need.  The other day, she hit Walmart and came away with over $50 in coupon savings.  She’s good at it.  I’m not.  She’s also good at remembering to use the links in the paid-to-shop sites as well.  I can’t seem to ever remember them.

But, with the rise of couponing, once again, as a viable way to stay frugal on a budget, it’s become more and more important to look for a coupon when shopping for anything.  And, there are starting to be coupons for just about anything you could want to buy.  Say you want to buy a pair of shoes.  If you look, you can usually find coupons for most brand names.

One popular misconception that many have is that coupons are usually only for brand name items, and smaller ticket items.  That isn’t necessarily true anymore.  Say you’re looking for a new cell phone contract, but you don’t want to spend the big bucks and get locked into a long-term contract.  Going with one of the pre-paid services might be right for you.  What you need is a promo code for one of the services (or to check out the services of Republic Wireless).  Then you can get that wireless service, at a frugal price.

Finding and using coupons isn’t all that hard.  But, it’s something that I definitely need to get much better at.  Just because I’m saving money by buying online (usually), and making calculated buying decisions doesn’t mean that I can’t save even more money by using coupons.  Combined with those frugal buying habits, coupons can be a great money saver.

Whether you’re buying a toaster, shoes, or even a cell phone, doing a quick search for a coupon first can save you money.

What are your coupon habits?  Do you clip like there’s no tomorrow?  Or do you see coupons as just another waste of your time and leave them to others to use?  Or, maybe you’re like me and use coupons only when you remember to?