Save Money and Make Extra By Selling Structured Insurance Settlements

In a time of hard economic instability, you will find people saving, scrounging for money and being creative in order to make ends meet. Recession and the low end of the ebb and flow of the economy isn't an uncommon occurrence, it just so happens that once in a while it does become a big issue for many people because of the extreme nature of the recession.

People have become creative savers and you will find many creative new business popping up even if its only making and selling scarves at church or having a garage sale now and then. Here are several things that can be done in order to even out the stress in an economic crisis.

1. Hold a Garage Sale! We all have things in our house that just clutter the hallways or make the front closet a mess. They say that one man's junk is another man's treasure. Get rid of all your unwanted items or get friends together and have a group garage sale. It is likely that you could make a good hundred or two hundred dollars or more from this endeavor. A garage sale is a gold mine waiting to be found!

2. Sell unwanted items on eBay! Similar to a garage sale, eBay can help you get rid of unwanted items while bringing in an income. The great thing about eBay that a garage sale offers is the price you can sell more expensive items. A garage sale may only sell a computer for $10 but you are likely to get a lot more if you sell the item on eBay.

3. Sell structured insurance settlements! If you have had time in the court and come out with a structured settlement claim, you may find that the money you need does not come in as much as you need it to. There are many buyers and companies who will buy your settlement and in turn give you a lump sum payment. Try this and you will be pleasantly surprised how easy it is to pay off the car or pay quite a bit on the mortgage.

4. Forget going to the movies and spend a day at the beach or hiking or outdoors with your loved ones! The great outdoors holds mystery, adventure and a ton of fun for the whole family. Going to a national park is generally free and you can have whole day of fun with a picnic, a hike and a dip in a cool, clear lake at the top of a mountain. Its fun, interrelational and may just help you bring your family back together in a time of financial hardship!

5. Have a clothing swap with your friends or hold one for your kids! A clothing swap is basically a party where people bring 5 or 10 items of clothing and trade people. it's a lot of fun (as most parties are!) and will give you a reason not to spend hundreds of dollar on new clothing for you or the kids as the school year starts back up, the summer begins or Christmas formals roll around.

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Posted in: Extra,Insurance,Money,Selling,Settlements,Structured