Many of my friends are having hard time during these days. They do not know what to do with the increasing prices of commodities, just like me of course. Some that has structured settlement annuities are lucky since when they opt to sell it, they can get cash to pay several obligations.

What is structured settlement by the way? It is a form of future payments. Thus, it is considered an asset that generates funds in installments spread over a period of time. From the word “asset” it simplifies that it has a value that can be sold.

So, from that on when my friends realize this, they sold it to get better liquidity. Some of them were able to pay tuition fees of their children and other obligations that are due. But for those that doesn’t have any difficulty at all sold their structured settlement annuity to generate an amount to start a business. These people are lucky enough to have other option instead of just paying obligations.

As for me who doesn’t have assets like this to sell, learned to be patient with the situation and to spend less than before. But you can’t take the fact that I envied some of them. Good thing my children send and gives me money to make both ends meet.

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