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Life is unpredictable, and sometimes it can throw us into challenging and distressing situations. From accidents and illnesses to having our home destroyed by storms and fires, there are many different types of disasters that we can fall victim to. On top of being traumatic, these disasters can often be expensive to recover from, especially if you have no insurance or savings in place to protect yourself. However, disasters can also be an opportunity for financial gain. This is a great way to take these negative experiences and turn them into something positive. Below are 5 different ways to make money out of life’s disasters.File a lawsuit
There may not always be someone else responsible for the bad situation you find yourself in. But there could be other cases where there is someone you can clearly blame. Perhaps an employer failed to put in place adequate health and safety measures, which led to an injury at work? Or perhaps a surveyor failed to find a fault in a property when you moved in, leading to a disastrous accident at home? In either case, you are in your right to sue. This compensation could help to fund your recovery and rebuild your life.
You’ll need to work with the right type of lawyer. For example, when suing for an injury or death of a loved one following a car accident, you’ll want to search for a reputable injury car accident law firm. Finding the right lawyer will increase your chances of winning the case. Just be wary of lawyer fees.
Launch a crowdfunder
Following a disaster, you may find that people are willing to donate money to help with your recovery. This could include family members, friends, and even complete strangers. Putting in place a crowdfunder campaign is the best way to encourage such donations. There are many sites that allow people to easily donate to your cause,e and you can advertise your campaign by sharing it on social media.
Be open but honest about your struggles when launching a crowdfunding campaign. Strangers are more likely to connect with you if you provide a heartfelt story. You can even use photos or videos to support your campaign.
Sell your story
Your story may resonate with others. In fact, media outlets may be willing to pay you in order to share your story with the world. Don’t be afraid to approach magazines, newspapers or radio stations if you think you have a story worth telling – especially if you think it could warn others or help them recover.
Want to be in control of your story? You don’t have to sell your story to the press and can always opt to tell it yourself. It may be possible to write a book about your experiences and sell this for money. Alternatively, you could tell your story on a blog or via a vlog. If you feel confident enough, you could even become a speaker at events, telling your story and perhaps giving advice.
Create a nonprofit organization
Your disaster may have motivated you to not just raise money for yourself, but others in the same position. Creating a nonprofit organization to raise funds for your cause could be a way of seeking justice. This could be anything from a local charity for people battling a disease to a charity to help those recover from house fires.
You don’t have to create your own nonprofit organization if this seems like too much work – you could always work with an existing charity. However, you may feel that starting your own organization allows you to raise funds in a way that you think is most suitable.
Reshape your career
A disaster could be a chance to reshape your career. After recovering from certain forms of trauma, some people find that they make excellent therapists for those who are also battling the same trauma. For example, if you lost a family member to addiction, you may feel equipped to help others who have lost loved ones as a result of substance abuse.
There could be entire industries where you are able to thrive because of your experiences. This could include working for public services, private companies, or even creating your own business. Not everyone may feel comfortable doing this – some people may prefer to stick in their current career or leave their trauma behind. But for others, it could be a chance to confront it, help others dealing with it, and make money in the process.
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