How Do I Find Unclaimed Money for Free?

Find Unclaimed Money

Unclaimed money sounds too good to be true, and if you get a call from someone offering free money, there’s a good chance it’s just a scam. But there is unclaimed money out there, and if you go looking for it yourself, you can avoid those scammers altogether. Here’s everything you need to know about where unclaimed money can be found and how to search for it on your own.

How can there be unclaimed money anywhere?

No one would pass up a few dollars sitting on the sidewalk, so how can there be unclaimed money anywhere? It’s hard to imagine, but the truth is that life just gets the best of people sometimes. You may not notice a letter reminding you of a refund or don’t keep careful track of how big the tax refund you should be getting is.

Not only can people lose track during the course of normal daily life, but sometimes unclaimed money loses track of people. If you’ve ever moved, changed jobs, or gone from being a student to working full time, it’s possible that notices about your money never reached you.

What kind of unclaimed money should I look for?

Back wages or pension

A lot of people have unpaid back wages due to them or pension money they don’t know about. To find wages and pensions, you have to contact the Department of Labor. In both cases, you need the name of the person who might be owed money as well as the name of the company they worked for.

Bank and credit union closures

Most banks and credit unions are covered by the Federal Deposit Insurance Corporation, or FDIC. If these institutions should fail or close, any money you had in them is covered by the FDIC, and you can get it back. To look for this kind of unclaimed money, you need to hunt through the FDIC database.

State money and property

Every state has unclaimed money and property in stock certificates, insurance checks, bonds, unclaimed bank accounts, and lost checks. If the state can’t find the owners of these items, they are simply held in the hopes the owner eventually comes looking. To find this unclaimed money, you have to go directly to the state database for every state you’ve lived in.

Tax refunds

Sometimes the IRS owes people money but can’t find them. This might happen if you moved before a refund check could reach you or a refund was reassessed later than normal and you weren’t made aware of it. To find this money, you have to reach out directly to the IRS.

Mortgage insurance refunds

Anyone who paid for mortgage insurance through the Federal Housing Administration may very well be due a refund. If you never received one, you have to look through the HUD database with your case number to find it.

Uncollected inheritance

It is not at all uncommon for someone to be a named beneficiary in a will and be unaware of it. The lawyers for a deceased person’s estate will make an effort to find all the beneficiaries, but they aren’t obligated to keep looking forever.

Rebates and refunds

This could be anything from an unclaimed rebate on something you purchased a long time ago to a refunded portion of a utility bill. Unfortunately, these can be very difficult to track down.

Searching for missing money

Doing your own search for unclaimed money can involve more time and effort than you have to give. An unclaimed money search through a third-party makes it a lot more feasible to locate the money you’re owed. Without third party help, you have to go to every database on your own, and it can be easy to miss something important.

There’s around $60 billion in unclaimed money and property in the United States just waiting for the rightful owners to find it. Even if you think there’s nothing out there for you, you just never know until you look.

Money Management Tips When You are Injured and Out of Work

Injured

Being out of work due to an injury can be a very stressful time. As you work to recover from your injury, you must also find a way to make ends meet without your regular income. However, there are some things you can do to adjust your spending habits and potentially also generate income for your family. These small changes could have a big impact on your financial situation during this challenging time. Consider the following money management tips when you are injured and out of work.

Find out How You are Spending Your Money

Whenever changes to your financial situation occur, it is a good idea to sit down and evaluate where you are currently spending money. There will always be essential expenses like food, housing, and transportation, but you are likely putting money toward unnecessary items as well. Study your most recent bank statements and create two lists of expenses. On the first list, note all necessary expenses. This would include your rent or mortgage, car payment, utilities, and grocery bills. Next, write down all of the unnecessary expenses over the last month. This could include anything from movie tickets to new clothes, even salon appointments.

Add up both lists and compare it to the amount of money you have in savings. When you are injured and out of work, there is likely a discrepancy between how much money you spend on average per month, and how much more you are bringing in or have in savings. The most important thing is that you have enough money to cover those necessary expenses. Now that you know how and where you are spending money, you can begin to create a financial plan for the future.

Create a New Budget

When you’ve been injured in a car accident, it can be hard to predict when things will be back to normal, both physically and financially. During this time, you may need to make some difficult financial decisions. After making a list of how you spend your money, and being aware of your current financial situation, it is time to create a budget, and, more importantly, stick to it!

As previously mentioned, you will have a set number of essential expenses. You certainly can’t live without food, shelter, and utilities. However, there are things you can do to cut corners on these necessary costs. For instance, you can choose to eat more home cooked meals, instead of take out, and you can purchase your food with coupons or shop sale items at the grocery store. You can also make a commitment to not waste water or electricity while at home. These small steps could help to lower your costs significantly over the next several months.

Next, decide which unnecessary expenses you can do without. While this is never enjoyable, it may be the only way to make ends meet while you are out of work. Some changes may be easier than you think. Rather than spending on movie tickets, you can wait until the movie is available through rental services. Instead of a daily five dollar latte, you can learn how to brew your favorite cup of coffee at home, for much less money. You may decide that some of these non-essential expenses are still too important to give up. In that case, put a limit to how much you can spend on that particular item over the course of the month. If you must buy new clothing, for example, set a maximum limit that will still work within your budget. Again, with any budget, the most important thing is to stick to it.

Find Extra Ways to Bring in Money

Living with no income coming in can be a stressful and scary time. While you may not be able to work your full time job while you are injured, you might be able to find other ways to bring in money. First, assess your physical health. Perhaps your current job is not physically demanding, but the commute is a struggle. You may be able to work from home and receive all, or most, of your existing paycheck. Perhaps an injury is keeping you from working a physically demanding job, but you may still have the ability to work from home. Check local job listings for remote jobs, and consider working from home as a customer service representative or a virtual assistant. These are often part time, and may come without benefits, but they may be just what you need to cover your expenses.

If working is not an option, consider other ways to generate money for your family. Look through your home for all unnecessary or unwanted items. You can sell these through a yard sale or on any of the online sales sites. Not only will you make some extra money, you’ll be decluttering your house in the process! You can offer your services as a house or pet sitter, as well, depending on your physical ability. If you have a talent for crafting or art, you may also be able to put that talent to use to generate additional income.

Avoid Maxing Out Your Credit Cards

In a financial pinch, many people rely on credit cards to help get by. This may be a helpful option to help pay for holidays or an unforeseen expense. Unfortunately, it may take months before you can return to work, or years until you receive a settlement from the insurance company. Credit cards should be seen as a short term solution, but your financial situation may be long term. Consider spending on your credit cards only when you know you’ll be able to pay off the bill when it arrives. If not, you could end up in a worse financial situation than you were before your injury.

Consider a Pre-Settlement Cash Advance

While you are out of work due to an injury, you do have another option for financial relief. A pre-settlement cash advance is a form of lawsuit funding designed to provide financial assistance while you wait for your personal injury case to settle. The money is not a loan, but rather a non-recourse investment in your case. The provider of the pre-settlement cash advance is simply buying the right to a portion of your settlement once it’s received. Often, this money is provided risk free, which means if you aren’t awarded a settlement, you owe nothing.

The process to qualify and apply for a pre-settlement cash advance is simple. If you have a pending personal injury case, you are working with an attorney, and you are at least 18 years old, you likely qualify for funding. To apply for lawsuit funding, contact the pre-settlement advance provider who will request basic information about your case from both you and your attorney. An underwriter then reviews the information and can provide you funding fast, often within 24 hours!

Making changes to your spending and budget is never easy, but often necessary when you are out of work due to an injury. These money management tips, however, will hopefully help to alleviate some of the stress of lost income. Start by looking at where you currently spend your money, and determine which of these purchases are necessary and which are not. Next, look to make small changes, like using less water or making your coffee at home. Look for ways to bring in additional money, whether through selling some of your unwanted items or by taking on small jobs, if you are physically able. Avoid maxing out your credit cards, but consider other types of funding, like a pre-settlement cash advance. Soon you will be on the road to recovery—both physically and financially.

How Syncing Your Apps Can Help Your Business Make More Money

Syncing Your Apps

Using a service like Piesync to sync the apps you use for your business can help you to streamline operations to create more time, as well as allowing you to use automatic marketing. Automatic marketing goes on in the background without requiring any input from you, so as you can probably guess, it also helps to free up time for you to focus on other aspects of your business. Here’s exactly how syncing your apps can facilitate successful business.

Content and Audience

Your mailing list or database of customer information is one of your most lucrative assets as a business, as it is your biggest source of income. Successful businesses rely on regular customers and a strong reputation. Therefore, the most important apps to sync are your marketing apps with your email app.

This allows intelligent automatic marketing technology to search for potentially profitable content from your communications with your customers, which it then uses to create marketing resources. It can also search for the information it needs from email content to form certain audiences and assign content to them.

Syncing your marketing and email apps then allows these marketing materials to be sent out to the relevant audiences in bulk, all without any input from you. This steady, constant stream of marketing activities going on behind the scenes creates a passive income, therefore freeing up time for you to spend focusing on other aspects of your business operations. This is particularly useful in the early days when you have limited staff and capital, and you’re being pulled in lots of different directions.

Contacts and Remote Access

Using something like a HubSpot Outlook sync also allows you to access contacts from either app, as you will usually need to do this multiple times a day. This saves you time as you don’t need to manually input them yourself, which can be a very time-consuming process. Any changes you make to contact details on one app will be automatically transferred between apps too; saving you even more time.

Syncing apps like this creates a more streamlined marketing interface, and thanks to the digital aspect you can also access it remotely on things like mobile phones and tablets. For the typical busy business owner who is constantly on the move, this is a huge benefit as it allows you to retain control wherever you go.

As you can see, syncing your apps has a number of great benefits. Firstly, it allows automatic marketing technology to find valuable content in your communications and use it to create marketing materials to send to specific audiences. Secondly, it allows you to access all the information you need from one central app, therefore freeing up your time, and carries out constant sync updates; saving you the hassle of doing it manually. And finally, syncing your apps allows you to have remote access while you’re out and about. For more business tips, have a look at yourmoneysite.com, and their useful articles such as a comparison between international and domestic e-commerce businesses.

Preparing for Medicare Costs

medicare costs

During our careers, our employers deduct money from our paychecks in the form of FICA taxes. Part of these funds go to pre-pay our hospital benefits in retirement. Because we see these payroll deductions, many of us assume that when we finally turn 65 and get on Medicare, we won’t have to pay anything.

Unfortunately, those deductions are enough to cover Medicare Part A costs. They do not prepay our Part B outpatient premiums or our future drug expenses.

So every year there are thousands of people who enroll in Medicare and get a shock when they discover that Social Security will be deducting $134/month (or more, depending on our income) to pay for our Part B outpatient expenses.

Read AlsoHow Telemedicine is Changing Healthcare

Then to add insult to injury, we find out that Medicare, just like any other health insurance, requires us to pay deductibles, copays, and coinsurance as we use our benefits. Let’s take a look at all of the costs related to Medicare so that you can adequately prepare for what you’ll spend.

Your Deductible for Parts A and B and D

If you have an inpatient hospital stay, you will owe a deductible for Part A. This is an amount of money that you must spend out of pocket before Medicare begins to pay. In 2019, this deductible will be $1364. This covers you for the first 60 days in the hospital before you begin paying any other copays.

On the outpatient side of things, Part B has a smaller annual deductible which will be $185 in 2019. After this Medicare Part B will pay for 80% of your costs when you access outpatient services like doctor visits, labwork, outpatient surgeries, physical therapy, and many other things.

Individuals who sign up for Part D drug coverage may also have a deductible. In 2019, Medicare has set the Part D deductible at $415. Many companies will charge this, although some insurance carriers will offer plans with a lesser deductible. Drug companies set their own copays, premiums and deductibles as long as they are no less than Medicare’s minimum limits.

Out-of-Pocket Spending for Coinsurance and Copays

In addition to deductibles, Medicare beneficiaries also pay for copays and coinsurance as they use their benefits. Under Part A, you begin paying daily copays on the 61st consecutive day in the hospital. These daily copays get larger on the 91st day and then after Day 150, you pay all your own hospital expenses.

Fortunately, hospital stays are usually not this long, but it’s important to have some supplemental coverage to help with these large copays just in case. These plans give you an additional year in the hospital after Medicare Part A benefits run out On the Part B side, we discussed earlier that Medicare will pay 20%. You must pay for the other 20% on your own. We refer to this as your coinsurance.It’s important to understand that this coinsurance has no maximum limit. This means that you will continue to pay 20% forever no matter how many bills you have.

Medigap plans can also help to cover this coinsurance for you. Also called Medigap plans, these policies pay after Medicare pays its own share of your healthcare expenses. They help to cover the deductibles, coinsurance, and copays that normally you would be responsible for paying.

Many people enjoy this type of coverage because it allows you freedom of access to any Medicare provider nationwide. You don’t have to get referrals from your primary care physician either when you wish to see a specialist.

These plans do not include retail drug coverage, so beneficiaries who enroll in Medigap plans often also enroll in standalone Part D coverage also pay copays for medications when they pick them up at the pharmacy. Generics, of course, will cost less than brand-name drugs.

Medicare Advantage Plans

About 30% of people on Medicare get their benefits from a private insurance company instead of from Original Medicare itself. These are called Medicare Advantage plans, which fall under Part C of Medicare. These plans must cover all the same services as Medicare covers, but your copays, deductible and coinsurance for these items are the discretion of the plan. When you enroll in an Advantage plan, you can review the plan’s evidence of coverage booklet to see ahead of time exactly what costs will be expected of you for various types of medical treatments and services.

Be aware that these plans often have networks, so you’ll want to verify that your doctors participate in the plan before you sign up. While Medicare isn’t free, there are options for additional coverage that can help you pay for some of the cost-sharing that you would normally be responsible for. Check into your options early so that you can take your time in making wise coverage choices.

Getting the Best Investment Advice For Your Money

investment advice

Everyone thinks that when it comes to investing that they are a master of their own world. The truth is how much do you really know when it comes to investing? The average person will discover in their life that they don’t know nearly as much as they should and yet act like they don’t need to worry about investing as there will be plenty of time. The truth of the matter is that often times when a person decides to worry about investing, it is too late. The other half of the people shy away from unusual investments that they don’t understand. Their logic for this is the fact that if it is weird, then it must not work. One example of this is when cryptocurrency first came out many people stayed away because of the fact that they did not understand the concept. There are some things that you can do in regards to making smart decisions relating to your investments. Having a few of these tips in your corner will help you to be ready when it comes time for you to retire and enjoy the fruits of your work.

The first thing that you need to make sure that you do is to not take it personally that your knowledge of investments is limited. Most people do not understand all that they should when it comes to this subject. It is better to trust your head and take a chance than to lead with your gut and just take a wild guess as to what stocks you need to be investing in. Take classes and get informed as to help you know better what you need to do and to get you better educated when it comes to stocks and investing.

When you are picking stocks to invest, go with actual businesses and not just the stock symbol. Often times when a person goes to invest in a stock, they will make their decision based on what symbol looks the best and not actually research the company that they are investing in. When you take the time to actually research the company, you will see a lot of the things that you need to make sure to avoid when going to invest. The smart money will be on the company that the investors say has the best potential and not the one that you think will be a winner.

Don’t be tempted to go with the first thing that you run across in regards to credit card offers. This is where a good portion of people get into trouble as they will make the mistake of seeing a credit card that is being endorsed by a celebrity and think that is the best bet for them. It is not a good idea to have a lot of cards. When you use one, you will want to make sure that you pay it off as fast as you can to ensure that you are not getting deep into credit card debt. This is a lot easier of a thing to do than you might expect and can often time lead to a person getting in over their head as it seems so simple to just buy something on credit and worry about paying it off at a later date.

It is also a good idea for you to be ready for times when things may be a little dicey. You should know by now that stocks go up and down all the time and you need to be prepared for this at any given moment. The simple truth is that stocks are not very easy to predict and as such you need to make sure that you have saved back for the times when things are not that good.

Be sure that you do not overtrade, as this can lead to some issues with your stocks. It will seem like the best thing to do in terms of selling at the first sign of trouble, but the truth of the matter is that you need to avoid this as it can actually backfire on you if you do not know what you are doing.

How To Have the Wedding Reception You Want at a Price You Can Afford

Getting hitched isn’t cheap, and for most weddings, the reception is typically the biggest expense. Your wedding is one of the most important days of your life, and one you want to remember. However, there’s no need to go into debt. It’s possible to have a beautiful memorable wedding reception, regardless of your budget. If you don’t want to sink boatloads of money into a single (although very special) day, here are some useful tips for planning the wedding reception of your dreams at a price you can afford.

Stay Organised

It’s best not to rush into spending right at the start of your wedding planning. Figure out the reception theme, colour and general layout before you start shopping. This will help you avoid costly mistakes. More importantly, once you’ve found a reception venue within your price range, stop looking and make a deposit payment right away to secure it.

Think Outside the Box for Reception Venues

Professional wedding planners agree that the venue eats up almost half of the wedding budget. Consider hosting the reception at home or outside to cut back on expenses. An outdoor ceremony in a venue with sentimental value eliminates the need for an over the-top venue. Heavy rain or scorching heat can put a damper on your day, so remember to plan for the weather if you do decide on an outdoor event.

Save on Reception Food

Besides the actual venue, food and drinks can also eat right into your wedding budget.

Even if your reception offers a full menu, you can still create a budget-friendly wedding reception menu for even more savings. Keep in mind that the cheapest option for drinks at receptions is to serve non-alcoholic beverages. However, you can add some variety with one type of beer, one champagne brand and a mixed cocktail.

Keep Track of your Guest List

When it comes to reception guest lists, less is sometimes more. Every guest is an expense and with each addition, you’re only driving up the overall cost of your wedding reception.

Consider hosting a smaller, more intimate reception with close family members and friends in attendance. Another way to cut your guest list is to invite more guests to the actual ceremony while you host a smaller reception.

Plan Low-Cost Entertainment

Amazing entertainment at your reception doesn’t have to cost an arm and a leg. With a little creativity, you can find a cheap alternative to a band or a wedding DJ. Make your own playlist on an iPod or mp3 player and connect it to the central sound system at your reception venue. Other fun and low-cost things to try include wedding reception games such as bride and groom trivia. Be sure to ask a friend or sibling to lead the games so that you can relax and have fun at your reception.

Most of all, congratulations! Don’t stress too much, and remember that your wedding is about the two of you and your life together. Create a plan using these tips and stick to it, and you’ll be able to have a great reception without emptying your life savings.