Household Tip: Check for Unclaimed Money
Look to see if there is unclaimed money/property owed to you. Did you know that there is $41.7 billion worth of property that is unclaimed?
So what is this unclaimed property anyway? Unclaimed.org explains it this way:
Unclaimed property (sometimes referred to as abandoned) refers to accounts in financial institutions and companies that have had no activity generated or contact with the owner for one year or a longer period. Common forms of unclaimed property include savings or checking accounts, stocks, uncashed dividends or payroll checks, refunds, traveler’s checks, trust distributions, unredeemed money orders or gift certificates (in some states), insurance payments or refunds and life insurance policies, annuities, certificates of deposit, customer overpayments, utility security deposits, mineral royalty payments, and contents of safe deposit boxes.
Why I recommend it:
It takes all of 2 minutes and is a simple way to possibly find some extramoney. Who doesn’t like that?
Head to Unclaimed.org, click on any state that you have lived in, enter your name and see if there is anything that shows up!
While I’ve never found any money for myself, several years ago I found claims for my father-in-law, brother and my husband’s aunt. All of it was under $100 but still, it felt kind of like finding a hidden treasure.
Have you ever found unclaimed property with Unclaimed.com?