Podcast Summary
Monetizing what you already have: A simple and effective way to bring in extra income: Explore ways to monetize your existing resources, like renting out a spare room on Airbnb, for easy and low-cost income. Unexpected opportunities can also arise, like GameStop disrupting the stock market.
Monetizing what you already have can be an effective and easy way to bring in extra income, especially for those new to the side hustle game. The speaker, who is a podcast host and Airbnb host, shared her experience of using her empty home to earn money through Airbnb. She emphasized that it's a simple and low-cost way to start making money, as you don't need to invest in any new resources or products. The speaker also highlighted the importance of finding creative ways to grow your wealth, especially for new parents or those looking to improve their financial situation. Additionally, she mentioned the unconventional yet impactful story of GameStop disrupting the stock market as a reminder that unexpected opportunities can arise in the financial world. Overall, the key takeaway is that there are various ways to bring in extra income, and monetizing what you already have access to is a simple yet effective method.
Check for unclaimed money in these 6 places: Explore potential sources of unclaimed money including your state, paycheck, savings bonds, IRS, utility companies, and insurance companies.
There are billions of dollars in unclaimed money in the United States, and you could potentially be one of those people owed money. Unclaimed money refers to funds that belong to individuals but have yet to be claimed. Here are six places where you might be able to find unclaimed money: 1. Your state: If a business or government owes you money and can't find you, they may send it to your state's unclaimed property office. 2. Your paycheck: If you left a job without being paid all of your wages or if you broke a labor law, you could be owed money. Check the website unclaimed.org or the US Department of Labor website to see if you have any unpaid wages. 3. A savings bond: If you have an old savings bond, it may be worth checking to see if it has matured and the money is waiting to be claimed. 4. The IRS: If you have a tax refund that the IRS cannot deliver, it may be held indefinitely. Check the IRS website to see if you have any unclaimed refunds. 5. Utility companies: If you have moved and left money with a utility company, they may be holding it for you. 6. Insurance companies: If you have an insurance policy that has gone unclaimed, the company may be holding the funds for you. These are just a few places where you might be able to find unclaimed money. It's worth taking some time to check these resources to see if you have any money waiting for you. The potential rewards can be significant, and the process of claiming the money is usually straightforward.
Check for unclaimed funds: Investigate online resources like treasuryhunt.gov, irs.gov, and bank statements for unclaimed bonds, tax refunds, utility deposits, and class action lawsuit settlements
There might be untapped sources of money hiding in plain sight from your past. Just like that forgotten savings bond from grandpa, there could be unclaimed funds from matured bonds, unclaimed tax refunds, unreturned utility deposits, or even potential settlements from class action lawsuits. These funds can add up significantly over time. So, it's worth taking a moment to check various online resources like treasuryhunt.gov, irs.gov, and your bank statements to see if you have any unclaimed assets. Don't let these potential funds slip away – they could make a meaningful difference in your financial situation. Remember, a little investigation can lead to a nice surprise.
Checking for unclaimed money: Searching for unclaimed money online through websites like unclaimed.org and classaction.org/database is a simple process that could lead to a pleasant surprise, potentially recovering funds owed to you.
Unclaimed money exists and it's worth checking for. During the Money Rehab show, the hosts discussed their personal experiences in finding unclaimed money through websites like unclaimed.org and classaction.org/database. Morgan, one of the producers, even found money owed to her from her college. However, she couldn't collect it online and had to mail in a form. To help others find unclaimed money, she called her mom and they searched together. The process was simple, requiring only a few pieces of information such as last name, first name, and address. They found two potential claims, one for each of them, with the larger one being over $25. So, if you haven't checked for unclaimed money before, it's worth giving it a try. It could be a pleasant surprise.
Claiming unclaimed money in Maine: Follow state programs' steps to claim unclaimed money by providing personal info and agreeing to terms, receive instructions via email.
Unclaimed money can be claimed through various state programs, and the process often involves providing personal information and agreeing to certain conditions. In this specific case, the speaker was able to claim $25.61 for her mother by following the steps on Maine's unclaimed property program website. The process included entering personal information, such as name, address, and phone number, and agreeing to the terms and conditions. The next step, after agreeing to the terms, was to wait for an email with further instructions on how to receive the money. Overall, the experience was described as feeling good and worth the effort. To find and claim unclaimed money, the best place to start is unclaimed.org.
Collaborative effort to create 'Money Rehab' podcast: A team of dedicated individuals edit, engineer, produce, and develop 'Money Rehab', helping listeners improve their financial situations.
The creation of the podcast "Money Rehab" is a collaborative effort involving various individuals with essential roles. Brandon Dicker edits and engineers the podcast with Josh Fisher's assistance. Mangesh Hadikadur and Will Pearson serve as executive producers. Michelle Lambs made significant contributions to the preproduction and development stages. Ultimately, the podcast exists because listeners invest in themselves and seek to improve their financial situations. Appreciation goes out to everyone involved and to the audience for making personal growth a priority.
