Sell My Annuity Payments? It Could Be a Good Idea!

Sell My Annuity Payments I decided to sell my annuity payments so that this year, I wouldn’t have to worry about how I was going to afford the rising costs that come along with the hot summer months. While I always look forward to the arrival of summer, what I don’t look forward to is the increased costs and stress of trying to keep ahead of electricity and water bills that just seem to pile up.

So this year, I did something different, I decided to sell my annuity payments. Selling my annuity provided the cash I needed in hand to help me keep up with mounting summer expenses. Additionally, my knowledgeable customer service rep from RSL Funding helped me come up with some innovative ways to keep summer expenses down. The following are some of the ideas we came up with that helped me better manage my money and keep summer expenses down.

1) Plan Ahead
It’s much better to act proactively to prepare for summer costs than reactively after you’ve incurred them. Before bills start piling up, sit down and take inventory of all the additional expenses you expect in the summer months. For me, summer means increased water and electricity bills, as well as some additional costs for my kids including camp and trips to local parks. By breaking down your added expenses one by one, you can get a good handle on the amount of money you’ll need to see you and your family safely through the summer. If it looks like your current income won’t be sufficient to cover upcoming expenses, take a closer look at your list and see if there are areas where you can cut back. I chose to sell my annuity payments to ensure I had the cash available to cover expenses—it’s a good strategy for anyone to consider.

2) Give Your A/C a Break
During summertime, your A/C unit will be working overtime. Not only is this expensive, but also risks over-working the unit so that it’s out of commission. Consider getting an air filter so that your A/C doesn’t have to work as hard during the blistering summer months.

3) Set a Lawn-Watering Schedule
While it can be tempting to get the hose out every day to hydrate your lawn, water usage adds up – and fast. To save money (and conserve water!), consider making a lawn-watering schedule that limits your watering to two or three days a week. Additionally, consider doing the same thing for ‘water play days’ if your kids enjoy using the hose for water slides and other activities that call for the use of sprinklers.

4) Use Candles
The summer months provide the perfect opportunity to give your electricity a break and get some use out of your candles. Candles are cost-effective and are the perfect way to make your backyard summer dinner stylish and inviting. Additionally, you can even purchase candles that double as bug repellent, providing a double win.

5) Take Advantage of Yard Sales
There’s never any shortage of yard sales once the summer months roll around. Take advantage of these sales to try and find gently used sports equipment that you can pick up at a tenth of the price. Many times, people will purchase brand new equipment to try out a new sport and never use it past one season. By diligently searching through yard sales, you can get all the summer gear you need in like-new condition at an affordable price.

Before I approached RSL Funding to sell my annuity payments, I used to dread summer as much as I looked forward to it. The stress of how I was going to afford all the coming expenses had a significant impact on my ability to enjoy everything the summer had to offer. Not this year – thanks to selling my annuity payments and the helpful advice I received from RSL Funding, I’ve got my expenses under control and am ready for whatever the summer months throws my way. Should my air conditioner break down – I’m ready. Make sure you’re ready too, by following these simple money-saving tips. Contact us today and speak to one of our account representatives about whether or not selling your annuity payments can help alleviate the stress of summer expenses.

If you’re ready to sell your annuity or are simply looking for information, give call us at web_phone or request a quote today to work with a reputable structured settlement buyer who’s on your side.