Proof that the problem of unclaimed money is a national problem is evident from the fact that the Maine Unclaimed Property Division owes 122 million dollars to more than 500,000 people spread all over the nation. The money is waiting to be claimed by its rightful owners.
To be more specific, a staggering 578,000 people are owed unclaimed money by the State of Maine. There are some unclaimed funds checks that range from $50 to $100. However, some claims exceed even ten thousand dollars. Now, that is a lot of money.
Do not ignore unclaimed money in Maine. The single largest claim is worth $222,000 plus stock. What if this was owed to you?
Unclaimed money can come into existence from the most ordinary transactions. It may result due to the fact that an individual had deposited money in a savings or checking account and then had forgotten about the same. It could result from inheritances that the inheritor is not aware of. Bonds, stocks, dividends- all can result in unclaimed money. If you have abandoned your money and if it has remained so for three years or more, your money must have become unclaimed money.
That $10.4 million of Maine’s unclaimed funds was repaid last year is touted as a major achievement. However, the truth is that $25 million got added as new unclaimed money last year. The net gain was of -$15 million in the last year.
The residents of this nation must find out whether they are owed Maine unclaimed funds or not.
A simple search, based on your name, is sufficient to determine whether lost fund is owed to you or not. The same can be done for your family and your friends as well. Some of the unclaimed funds databases covers the state databases as well as the federal databases. Do find out whether your friends or family members are owed money or not. Simply searching for your money will not do.
To claim funds, documentary evidence is required. You will have to submit the proof of identification. You may have to submit proof of ownership of funds as well. The states unclaimed assets division sees inflow of unclaimed cash throughout the year. Hence, you must check at least three to four times in a year for Maine unclaimed funds.
Do not restrict your search to unclaimed funds from Maine alone. You may be owed money from another state or from the federal base. Considering the fact that $35 billion is owed to millions in the nation today, you could still be owed unclaimed cash.
You or your immediate family members may be owed unclaimed money. Use the money wisely and enjoy the unexpected income.
By: Nicole Anderson
Posts Tagged ‘Thousand Dollars’
Money Management – Maine Residents Owed Millions in Unclaimed Money
February 17th, 2010Earn Money Answering Surveys
February 3rd, 2010
The internet nowadays offers a bunch of possibilities that we can use to earn money: from selling our bike to creating a multinational company with much less problems. Another way is to earn money answering surveys. Many people find out that this can be a profitable work at home activity, and requires little time. People just like me and you can make up to a couple thousand dollars a month if they fill out simple online surveys.
Big companies from the entire world offer from 5$ to 120$ just to fill out simple online surveys, depending on the importance of the survey for the company.
The survey contain simple questions about specific products, advertisements, slogans and logos. The most important thing when signing up for a program that makes surveys is to make up the right basic profile. Every person which wants to earn money answering surveys must fill a profile for himself. Many people make a mistake when they create their profile because they create a false profile because they think that this way they will make more money and fill out more surveys. Don’t do that mistake, because the company will first make a pre-survey, with some key questions and with your answers they will find out if your profile is real or false. Let’s take an example: I say in my profile that I am a IT expert, just because the IT surveys are paid better.
When the company will make the pre-survey my answers will reveal that I am no IT expert and the company will not give me the survey and as a consequence I will not earn money filling the survey. Try to create a true profile with true information about you. I guarantee you that this is the way to earn money answering survey online.
By: Nicusor Valentin Prefac
5 Easy Money Ideas
January 19th, 2010
Money is never easy to earn, this is a fact of life. It is a commodity that everyone wants and everyone needs, it is a commodity that everyone could use a little more of. For this reason, Cash is one of those multi dimensional commodities that can provide, food, shelter and anything else the owner of money wishes. Indeed, money is a magic wish. Anything ones heart desires can be secured with ready cash and therefore, it is extremely competitive to get some.
Small quantities of money are easier to get than large quantities. This new perspective, I hope makes sense to you. But money has exponentially magical properties. A few dollars can barely buy you a burger. But at the same time a few bucks anyone can get. Hec, you could put on a nice smile and beg 30 strangers on the street and have $5 or $10 bucks in under an hour. The point I am making is that smaller amounts of money are easier to get because money gets more USEFUL the more you have of it. To prove the point, try begging strangers for $500 each, you may be on the street a long time before anybody would give you that much.
The reason for this phenomenon is because large amounts of money are more useful and can be applied to lifestyle and this is why life changing money is hard to get, while smaller amounts are relatively easy to get. Can you see where I am going with this? By realizing that smaller amounts are easy to get while larger amounts are very hard to get, you may want to focus your business activities on smaller amounts of money but by using some form of leverage, getting many many people to give you those small amounts.
A Million Dollars is very useful. Anybody would agree with that. A million dollars simply put in the bank at 7% interest would give you around $1400 a week in income. Can you see the usefulness of that amount of money? Conversely a thousand dollars at 7% would give you $14 per week, you couldn’t buy a decent meal with that.
If your wish is to earn money easy, you would need to focus on smaller amounts. To find 1000 people to give you $1000 dollars each to make $1 million dollars would be a lot tougher than finding 100,000 people to give you $10 dollars each. *which still ads up to a million dollars) The key to making easy money is leverage. There are different types of leverage. Many many types.
The following ideas give you 5 types of leverage that can help you find more people for less work.
1) A sign is a form of leverage. The printed word is much more effective than verbal repetition. Turning back to our begging on the streets example, making a sign that passers-by can read gives you the opportunity to “talk” to 3 to 5 passers-by at the same time because your sign is being read by many pairs of eyes, where as when you talked, you could only speak to one pair of ears at a time.
2) A podium. To keep it simple I will use the begging on the streets example, of course, apply it to your own business interests. Make money easy by talking to many at once. Standing on a soap box introduces leverage because now you are engaging many pairs of ears and eyes at once.
3) Systems. A system is a form of leverage because it streamlines actions into a successful outcome without having to re-invent those actions every time. By identifying correct steps that lead to a desirable outcome and maintaining those steps as a system, you create many successful outcomes without much effort.
4) People leverage. If you can beg on the street at the rate of $10 dollars per hour, you can train 20 people to help you beg, each giving you $5 per hour in exchange for your training. You now leverage your efforts by 20 people.
5) The leverage of a broadcast medium. If you managed to talk to 10 people an hour to get their attention, tell them your story and get a little money from them, you could do much better using a medium with an existing audience. For example, radio, television or the Internet are all examples of a medium that allow leverage.
There is such a thing as easy money and it is definitely small amounts of money. Nobody thinks twice about a few bucks and using leverage to access many such people at once is the key to success.
By: Martin Thomas
