Realizing The Time Value Of Money For Structured Settlements

time value of moneyLife is all about decisions, whether they relate to your work, business or personal life. Often ignored is the interplay between all these areas, and the fact that a little interdisciplinary thinking can go a long way.

This might sound obtuse, but many important decisions can be made easier by thinking simply, and a bit differently. Before we do, a note about value and utility. Business is about creating value. Our personal lives, according to economists, is about maximizing our personal utility.

Where utility is simply a measure of the …