Ilyce Glink's Love, Money & Real Estate #005
Merry Christmas, Happy 2022 - and wishing you the gift of good cents
Are you missing money?
More than 1 in 10 people are actually missing money. What do I mean? While it may be hard for some to imagine, others open up accounts and lose track of them along the way. Perhaps it’s a tiny 401(k) from a job long ago or a share of stock someone gave you when you were 10.
Whatever the case, millions of Americans have lost track of some amount of money, stock, bonds or other financial accounts. But, there’s a time-effective way to find money that’s missing.
The National Association of State Treasurer’s Unclaimed.org website returns more than $3 billion annually. Go to the website and enter in your name and see if anything comes up. If it does, then you can follow the website’s instructions to get back what’s yours.
My husband, Sam, did this and found lost sums owed to many people in our respective families. He found $4,000 for me and smaller (and, in some cases, larger) sums for our siblings and other relatives.
So, it’s real. And easy, free, and certainly worth a try. Good luck!
Fun on WGN Radio
For the past few years, I’ve filled in for various personalities on WGN Radio. I have a lot of fun doing these shows, and it reminds me of when I used to spend a few weeks at the end of the year filling in for Clark Howard on WSB Radio, in Atlanta.
This week, I sat in for John Williams from 9a to 1pCT, and talked about everything from our favorite Christmas movies and holiday gifts to why we have trouble finding closure. I also talked about my annual column, New Year’s Resolutions for home buyers and home sellers and personal finance resolutions we all want to follow.
If you’d like to tune in when I’m on the air, you can find me most Mondays with John Williams from 12-12:30pCT, Friday afternoons at 4:15pCT with Steve Bertrand and on “This Week in Wealth,” at 6:30aCT Sunday mornings with my co-host Tom Fortino (also podcasted, if you like to sleep in on Sunday mornings).
Water, water everywhere…by truck
A couple of months ago, Sam and I headed Southwest, for a little R&R in Phoenix. We like just about everything when it comes to the Southwest: hiking in the desert, sunsets over the mountains, and even the dry heat.
Heck, we’d even move there. Except for the water issue.
Driving around a new housing development (featuring lovely model homes with a zero lot lines and no views for several million dollars apiece) at the very edge of North Scottsdale, we wondered how so many new homes could be built this far into the desert with city water. That’s a significant amount of infrastructure for a small city.
The city of Scottsdale, which is about 31 miles long and 11 miles wide, has a current estimated population of about 265,000 residents. The city claims it has a 100-year plan for water.
But their neighbors? Not so much. While Scottsdale might have secured a 100-year water supply, according to the Arizona Republic, hundreds of homes near Scottsdale could soon have no running water. Apparently, “homes with no wells or connections to a formal water system may now be having an issue.”
Imagine that you bought a home in the desert southwest, thinking you had enough water - only to find out you can’t even flush the toilet.
What do you think? Would you buy a home in the Southwest? Do you already own one?
On a personal note…
Wishing you a wonderful year. If you’re enjoying this newsletter, please use the share button and let a friend know.