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  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. All posts are © 2005-2008, Free Money Finance.

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August 17, 2005

You've Got Money! Finding Hidden Cash

Fmf_moneymaking1_1Who would like a little more cash in their pockets? Did I just hear everyone yell, "me!"? I thought so. That's why I wanted to share this article with you from Yahoo that lists ways to find hidden cash. Here's the promise of the piece:

Listen up, "change-under-the-cushion" diggers! If you need a few bucks, think beyond the couch. Liquidate the junk in your closet at a yard sale or find out if you have cash sitting in a forgotten account. Here's how to come up with more cash.

Here are their five ways to put more money in your pocket:

1. Search the database. Could you be a missing heir? From forgotten bank accounts and rent deposits to safe deposit box contents, state accounts are flush with unclaimed properties.

2. Sitting on expired savings bonds? About two million people own expired savings bonds and apparently don't know it. Are you one of them? Check out your safe deposit box or desk drawers and cash in your expired savings bonds.

3. Get that collectible appraised. An appraiser can tell you how much that antique vase or a limited-edition doll is worth.

4. Hold a garage sale. Make extra cash without ever leaving your driveway.

5. Click to sell. If that unwanted CD collection didn't sell in the driveway, an online auction can attract more potential buyers.

Not the most original ideas in the book, but they're good nonetheless.

Update: Linking to the Beltway Traffic Jam.

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Comments

great site.. i love coming to it several times a day to read the updates.

After reading this yesterday I made $31 today by "change-under-the-cushion" method. Actually I stash all my coins. It came out at 29 change with 8.9% transaction fee. So I got back 26 change. Coming home I counted again to find an EXTRA $5 along with a $5 note. That's a bonus. My wife says I should keep that since txn fee was exhorbitant!
What do you all think?

Are you saying you found the money or they mistakenly gave you too much? If it's the former, then I'd say keep it, but if it's the latter, I'd say return it. Your integrity is worth a lot more than $5 or $10.

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