If I Had a Structured Settlement, I Would Use It to Pay for Gas

Has anyone been to the gas pumps lately? Soon $3 a gallon will be the asking price and we'll either have to become cyclists or create some additional income. I plan to do both of course because you can balance thrift and greed pretty well as you ride your bike to work.

I only live a few miles from my place of employment so riding my bike there is no big deal. I've already made a few practice runs, time and safest route. The problem is I live in S. Florida. And you can't stand still and not break into a sweat let alone pedal for 25 minutes.

But I'll find a way. Whatever it takes. As for the additional income side of the equation, I happen to know of a lucrative little program. It's not easy, but if making money was easy plenty of people would be rich. Being a broker for alternative cash flows is a pretty interesting side business. You get to help people, and make money at the same time. I like that.

So alternative cash flows take a number of different forms, from cashing out future settlement, annuity, or lottery payments, to equipment leasing, to business factoring. Two great resources to learn more about these businesses. www.prosperitypartners.com and the American Cashflow Association. Both educate average Joes and corporate executives alike to make money in this secondary finance industry. I personally recommend factoring, and structured settlement cash outs second.

Gas prices are going up, faster than my salary. I need to spend less and make more. If I had a structured settlement, I'd cash it in and use it to cover my gas expenses. Not for work travel, because I'll be riding my bike. But my new alternative cashflow customers might appreciate it if I show up in a car and not sweaty profusely on my bike.

Jason Rigler
"Settlement Advocate" and consultant for Prosperity Partners Customer Service Department.

MORE RESOURCES:

RELATED ARTICLES

Adverse Debt Levels Blight UK Consumers Personal Finances
Debt levels are at an all time high in the UK. The younger generation tend to be feeling the pinch the most, but parents are increasingly being required to bail them out, often at great expense to their own limited mortgage or retirement savings.

A Fresh Start for Family Finances in 2005
While 40% to 50% of us make New Year's resolutions on January 1-a ritual that has existed since ancient times-approximately 60% to 80% of us have already broken them by the end of February, according to researchers.It's still not too late, however, to reset the trajectory on your family's finances, experts note.

Why Live Frugally
What is it about being frugal, why do it at all? Actually, some people don't do it at all, they have decided that what they want and desire is what they are going to get and they feel they deserve it. I have no trouble with that; more power to ya, live long and prosper and may you die with the most toys.

Students Investing in Their Future Need to Manage Their Finances Today
With the A-level results coming out, the long wait for UK school leavers hoping to go to university will soon be over. All the hard work that has been put into achieving the grades required will now pay off and the fun and freedom that is student life can begin.

Budgeting Before Buying
With interest rates being at an all-time low, I can understand the urgency for people wanting to purchase a home. But I caution the first-time home buyer to learn how to budget their money before buying a new home.

Personal Checks - Extreme Benefits
Millions of people have a checking account and many people have two of three. They have the choice of choosing a variety of check designs to compliment the checking account.

Financial Readiness: Preparing for BRAC (Base Realignment And Closing)
The recommendations for military base closings have been released and the news is not good. If the recommendations are accepted, you will lose your job.

Save Money on Gas
Gas prices have soared to unimaginable heights of late. Since most of us are not likely to turn to bikes or horse-drawn buggies we will have to learn to get the most from our gas dollars.

Do You Know What Tomorrow Will Bring?
I've been sharing the following idea with people for a few years now, and realized recently that I had never written specifically about it. So here it is:"I cannot predict the future.

Reduce College Debt with Scholarships
Six Scholarship judges were sitting around an oval table. Forms were piled into 50 boxes.

Understanding Your Finances Can Give You Power And Choice
What is finance and what do you need to know? Finance can mean different things. It may refer to your personal financial situation.

Banks Are More Than Just A Place To Park Your Money
If you've been to a shopping mall lately, you've probably discovered two different banks within a few feet of each other. Go inside the food store in that shopping plaza and you'll see yet another one, just waiting to offer their services to you.

Money Saving Tips. Maximize Savings on Everyday Items!
Frugal living is more than a lifestyle. It's a passion.

Portfolio Planning can Lead to Irreconcilable Differences
The judge had to ask the question, and we had to answer it in order to get our divorce finalized. It was all supposed to be pro-forma.

Identity Theft is a Major Problem: Whose Responsibility is It to Protect the Consumer?
We have heard a lot about consumers' personal information getting into the hands of identity thieves. More and more people are taking steps to minimize their exposure to such theft by reducing information on personal checks, refusing to share social security numbers with just anyone who asks, being prudent in their use of credit cards, and shredding "junk" mail that might allow another person to pose as them.

Simple Ways to Save Money
Things are so expensive these days. We seem to be hearing, and saying, that a lot lately at the gas pump, in the grocery store and especially when paying bills.

UK Parents Inactivity Harming Their Children's Future University and Mortgage Savings
The British government at the beginning of this year officially launched its Child Trust Fund (CTF) initiative in an effort to encourage parents and children to develop the savings habit and to teach children the value of saving their own money.Chancellor, Gordon Brown said, "The Child Trust Fund is designed to ensure that every child in our country has assets and wealth and that no child is left out and all children in Britain have a stake in the wealth of the nation".

Live Green; Save Green!
Have you seen the recent article on a new "green" residential high rise in Battery Park? It's called The Solaire. For a look at the hopeful future of architectural efficiency, check out the myriad of cost saving and environmentally-friendly features of the building:http://www.

The Joys of Address Labels
Address labels are many things to many different people. If you are a huge fan of address labels, you aren't alone.

Improve Your Professional Image Using Address Labels
One of the simplest ways to improve your professional image is by using address labels. Self-adhesive business labels are THE way to go when it comes to a professional image.