Where to find hidden money

This is a very common place to hide valuables, especially in older houses. Check for loose boards under throw rugs, new nails that look out of place, and loose edges around wall-to-wall carpets. Steamer trunks used in World War II had special holes built into them for wives to pack mementos for their husbands who were going off to fight. Check under the lining, and look for a false bottom. You have to go through every piece of clothing and every box. This list is really just the tip of the iceberg.

In fact, years from now, your great-great grandchildren could claim it. You can also link to your individual state unclaimed property program. If you come across records that indicate there may be money left in an old bank account, find out if the bank is still in business.

Look under "Bank Find," and you'll be able to see the history of the bank, including any mergers. But if your bank failed, and you don't claim those funds within a year and a half, the money in your account is turned over to the FDIC. To search for the failed bank, go to www2. Anything you're supposed to keep for 30 years is bound to slip your mind.

If you have savings bonds that are still earning interest, but you have no idea where the documents are or how much they're worth, get in touch with the record-keeping office of the U. Treasury Department. If you do, get rid of it! Sell it off at a discount, otherwise it will just sit there collecting dust.

Why not turn this inventory into cash? Do you want additional insight? TAB helps forward-thinking business owners grow their businesses, increase profitability and improve their lives by leveraging local business advisory boards, private business coaching and proprietary strategic services. The Alternative Board Blog. Home Resources Blog. Use Credit Reward Programs All businesses have outgoing expenses that must be paid each month. Understand the ROI of Your Expenses Every business owner should know their numbers and stop spending money on expenses that don't bring a return on their investment.

Written by The Alternative Board. Previous Post. Next Post. Follow Us:. Related posts. Read More. You can use the same form. Uncover your cash: Nordstrom, Kohl's, and L.

Bean have no time limit for returns—and if you're missing the receipt, the retailers can verify your purchase with your credit card. Zappos offers a full year to change your mind on unworn shoes, as long as you keep the original packaging. Why it's hidden: Many baby boomers have worked more than 10 jobs by age 48, according to the Bureau of Labor Statistics. But if you don't diligently roll over your retirement savings every time you leave a job, you may have money sitting in forgotten accounts.

Uncover your cash: If you were once employed by a company that offered a pension, start by contacting your old employer. If it doesn't have a record for you, look yourself up in the Pension Benefit Guaranty Corporations database at pbgc.

Why it's hidden: If you bought a product that turns out to be defective and the manufacturer is sued, you could be part of a class action lawsuit without realizing it, but you have to register a claim to collect cash.