Find Free Money: Top 6 Areas Where You Find Your Free Money

Can’t believe the title? Yeah, there are many such sources where you can get “your” free money from the government. Just know where to look and how. There are many ways you can get this free money including your first college fee, your kid’s health insurance, pensions, money for buying your first house, money for credit cards, taxes and what not. These are some areas where you can easily find your money!

Unclaimed Money

Beware of the unwanted scams in this area, but if you know what you are doing, just go for it. You might have to claim some untold money, or money hiding back in the memory zone that you kept for some deposits and eventually forgot. You can use certain sites like missingmoney.com or unclaimed.com that can tell you if you have any missing money on your name waiting in the state treasuries. You never know! Every year the state or federal government give away millions of dollars to its owners, who claim it. So try searching for any treasure you might have left behind. Just type in your name into the search box provided in the websites, and there you go! You just need to type in your name, rest all assured. The site will list if you have any unclaimed money sitting in the state government.

Free Pension

This is the most common way people forget their money! If you have signed for a pension plan in your previous company and forgot to claim it once you are out of the company. Or there may be other scenarios that you have the pension plan and the company went bankrupt, or sold to another company, or closed due to the recession. What next? Most of us forget about it. There is this Pension Benefits Guaranty Corporation, PBGC, which lets you search their database to find out if you have missed any. Over a period of one year this money sums up to $120 million on an average. Believe it or not!

Free Government money

This is the money that comes to you if you are caught up in a catastrophe or a disaster and need living expenses. These are the public funds where most of the unemployed, elderly people depend on. They get money from government for their living and health care. If they have kids, they are given some additional amount per kid against the kids’ expenses.

Free money for college

If you are an undergraduate and unable to pay your college fee for the first time, then have no worries! Government is at your rescue! The government has a free program that helps undergraduate students to pay their college expenses. You can claim anywhere from $1000 to $7000 depending on your part time or full time college. Its “free” money so you get it for free with no pay back option. You can apply online for this program, the Federal Pell Grant.

Free money for Kids health insurance

If your kid needs medical attention which is far more costly than you can ever imagine, you have this program for you that helps you with the money you need for your kids health. However, there are certain terms and conditions that you should look at before claiming these funds. Getting a private insurance for your kid is a costlier job these days and if you can’t afford one, you will be suffering when your kid needs medical attention. Luckily there is “Insure Kids Now” program that cover everything from a simple check up to serious medical attentions or even hospitalization. You don’t have to pay anything for this insurance except sometimes, where you pay really little compared to the private insurance companies.

Free money for credit cards

The credit card is a magic card that keeps on increasing its bills if you don’t pay it on time. They have several constraints and services for which they charge fortunes and that come to a big figure before you even know it. They make millions from you using their service. Let us change the game plan and get paid for using their service? Not kidding! You must have heard of cash back programs or points system. I bet you must have overlooked it just like me or any other credit card holder. However, I now realised how important and friendly it is to use these services. You can gain a lot compared to nothing. Use credit cards that offer cash back system or point based system rather than a normal credit card. So while you shop with it, you are paid to use it. Doesn’t it sound good for the ears? It does! Your next immediate step would be to find the credit card that best rewards your shopping program. You can use some sites like cardratings.com that gives you the credit card that has good rewarding programs than others.

Now you know, there is much of this free money dangling around the treasure to get back to your wallet. However not everyone can get this money but it wouldn’t hurt to make a phone call or go online, search and see if you have unclaimed money.