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Unclaimed Money Tip That Actually Works


Transcript

One tip I've shared multiple times on the podcast and multiple times in the newsletter that I think is really worth sharing again is to go check for unclaimed money. And the way this works is there are circumstances where someone might owe you money, they can't get it to you, or you haven't cashed a check, and so they pass it over to the state.

This might happen with a cable bill or a medical bill that you overpaid or you canceled an insurance policy and they owe you a refund. And why I share this is because even though I've shared it multiple times in the newsletter, I thought I'm going to share it again and I'm actually going to do a quick poll of how much unclaimed money people found.

And while 47% of the people subscribed found no money, the results of the other 53% were super interesting. So 31% found less than $100, 15% found $100 to $500, 3% found $500 to $1,000, and 5% found over $1,000 of unclaimed money in their name. 12% found $1,000 just by going to their state's unclaimed money site and searching.