Monday, August 31, 2020

How to be reunited with your long-lost money

Are you owed money you don't even know about? You might be, if your name is in an unclaimed property database. Each year, billions of dollars from forgotten security deposits, refunds, uncashed paychecks and even old bank accounts are reported to state agencies. And each year, according to the National Association of Unclaimed Property Administrators, an organization affiliated with state treasury departments, states return more than $3 billion to their rightful owners.

Just ask Maria Barlow, an attorney in Chicago. A few months ago, she was sitting at home when she decided to plug her name into the Illinois unclaimed property website. "I was surprised to see there was an entry," she says. Fast forward a few weeks, and she had a check in hand for $47.80.

Publisher: KXXV
Date: 2020-09-01T01:03:17
Twitter: @25NewsKXXV
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Many things are taking place:

If Doing Less Means Saving More, Try These 5 Money Moves | Business News | Investment |

The coronavirus has upended countless jobs, schools and bank accounts. But while undoubtedly more people are struggling than not, those who are still working may have seen their expenses actually drop, due to canceled travel, limited dining options and more time at home.

If you've managed to end up with extra money during the pandemic, here's how to take advantage of those savings.

2020 has served as a stark reminder that unexpected things can happen, and when they do, it's a good idea to be prepared.

Publisher: madison.com
Date: 2020-08-31T15:21:30-0500
Author: Alana Benson
Twitter: @madisondotcom
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Serena Williams on managing money, whether you're broke or a tennis superstar

Tennis superstar Serena Williams, who rose from modest beginnings to earning millions during her luminous career, says her outlook on money has not changed: Be responsible and manage your spending.

That was the overall theme of her message to college students of historically Black colleges and young professionals during a webcast focusing on money management.

Williams, who used the JPMorgan Chase Chats for an open conversation about money with a young adult audience from across the country, said her family was not well off growing up, but managing spending was emphasized when she was a kid.

Publisher: NBC News
Twitter: @NBCNews
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Money magazine ranks UCR among nation's top 50 universities | Inside UCR

UC Riverside ranked No. 48 of 739 U.S. colleges in Money magazine's Best Colleges for Your Money 2020, published Aug. 25. UCR was No. 32 among public universities.

The Money magazine list considers universities with at least 500 students that have the required data available, are on sound financial footing, and have a graduation rate above the median in their respective categories, which include public, private, or historically Black.

Its formula scores universities based on 27 factors in three categories, which include quality, affordability, and outcomes. Quality speaks to graduation rates, including the number of low-income students at an institution. Affordability factors the net cost students pay after aid, borrowing, and repayment. Outcomes considers alumni salary data and social mobility, which is the degree to which students move out of the lowest income brackets.

Publisher: Inside UCR
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This may worth something:

College students get creative to make money amid depreciated job market | Fox Business

Since the coronavirus pandemic wiped out job opportunities like serving at restaurants or working on-campus jobs, many  college students have thought of new and creative ways to make money.

* * *

Texas A&M University sophomore Tamarek Sweat started her own custom clothing business, The College Trap, to pay the bills and she runs it out of her apartment near campus.

“I do have to pay rent and I have a light bill and I have to also juggle debt and school stuff like as far as books and access codes and all this other stuff that college requires,” Sweat told FOX Business. “So I knew I needed money and I knew I needed it fast. And so I just found a way to get money.”

Publisher: Fox Business
Date: 2020-08-31
Twitter: @FoxBusiness
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These money and investing tips can help you through the stock market's worst month -

These money and investing stories, popular with MarketWatch readers over the past week, offer insight about how to manage your investment portfolio as September — typically the cruelest month for stocks — approaches. Except the market in September could be different this year — like so much of 2020. You'll find good advice here about what to watch for — and what to watch out for — as you make decisions about your money.

The ultrawealthy, understandably, would like to stay that way. And so, in an effort to do just that, they're sitting on a record cash pile.
These superrich investors just raised cash to record levels to hedge against 'the greatest period of unknown'

Publisher: MarketWatch
Date: 2020-08-30T06:55:00-04:00
Author: MarketWatch
Twitter: @marketwatch
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Some families still waiting on unemployment money as FEMA’s Lost Wages Act comes out this

Many people are looking forward to getting that extra up-to $900 to help them make up some financial losses.

But as some families prepare for additional assistance, others are still waiting for their original unemployment claim dollars.

* * *

“I don’t like my kids to see me crying and struggling, so I try to make the best of what I got,” Tomika Teague said.

She has yet to receive any unemployment benefits since her job reduced her hours during the COVID-19 pandemic.

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Publisher: myfox8.com
Date: 2020-08-31T22:34:55 00:00
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