Does Florida Really Have A Problem When Trying To Find Unclaimed Money

August 30th, 2012 |

Florida, like many states in the union, is facing a financial dilemma. Unlike other states, this financial debacle doesn’t have anything to do with student loans, budget cuts, banking scandals or anything of that nature. Instead, Florida is facing what has been called an unclaimed money problem. Unclaimed money is money left behind by normal, everyday citizens, yet the money will continue to sit there until the person comes forward. With so much Florida unclaimed money coming in year after year, it’s apparent that something needs to be done. The following tips are some ways that we can combat the unclaimed money problem in Florida.

 

How To Find Unclaimed Money

A few years ago it wasn’t very easy to find unclaimed money in Florida or in any other state. You had to go through a long drawn out process, and even then you couldn’t be sure that you had unclaimed money until you actually found some.

These days finding unclaimed money is much simpler. You only need a first and last name and the unclaimed money database will go to work. If you do have Florida unclaimed money, you’ll know in a matter of minutes. Then you merely have to go through the process of claiming that money, which is even simpler process once you know that the money exists. In some cases, you can even have the money wired straight into your bank account.

 

Now that we know how easy it is to find unclaimed money in Florida, we need to educate everyone we know. This can be done through:

  • Direct Mailers: Florida unclaimed money officials just don’t have the resources to send out mail pieces and post cards with information on how to find unclaimed money on them to everyone who is owed some money. That’s why we must take it upon ourselves. Is someone going to come forward and use their own money to make direct mail pieces with the hopes of alerting people to the unclaimed money problem? Time will tell, until then, there are other ideas.
  • Local Fairs and Festivals: Floridians planning to attend local fairs and festivals can set up booths telling everyone who attends about the Florida unclaimed money problem. All that’s needed is a table, some marketing materials and a computer that shows people how easy it is to search for and find Florida unclaimed money. Will people do this of their own volition? Again, time will tell.
  • Word Of Mouth: While most people won’t spend their money or their own time attending to Florida’s unclaimed money problem, it is likely that most will enjoy spreading the word by word of mouth. When you are fortunate to find unclaimed money in Florida, the first thing you want to do is tell others where you attained your newfound wealth. This can help spread the message that Florida does in fact have an unclaimed money problem and that residents, even former ones, might have money coming to them.

 

Regardless of how it’s done, we all need to do our part and spread the message far and wide that there is an unclaimed money problem in Florida and something must be done. How much money do you have sitting in Florida’s unclaimed money accounts? There is only one way to find out and that way is not to sit there and think about it. It requires taking action. First, search for the money and then, second, tell everyone you know. If everyone follows that formula, Florida will be rid of its unclaimed money problem in no time.

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