Money Matters: Finding your hidden money

Searching through assets you have not used in a long time could bring you some welcome financial relief.

Angelique Ruzicka, Just Money and Moneybags editor, says that it is not uncommon for people to find a lot of money hidden in their homes or on accounts they no longer use.

If you are strapped for cash, then your home is likely to be full of items that you're not using and that are sitting around gathering dust

— Angelique Ruzicka, Just Money and Moneybags editor

In the United States, there is 42 billion US Dollars worth of forgotten assets.

Speaking to #NightTalk's Gugs Mhlungu and Sizwe Dhlomo, Ruzicka says that while it is unclear how much money in forgotten assets there is in South Africa, there are several ways people can find their hidden money.

Not claiming inheritance is not an unheard of concept. Maybe a lot of people don't know where to start. In some cases you may need legal advice, and some people may not know where to get that legal advice

— Angelique Ruzicka, Just Money and Moneybags editor

Some of the most popular avenues where people can trace their hidden money include unclaimed inheritance, bank accounts which have not been used in a long time, back payments, and in the least expected places in their homes.

It really does pay to go through your accounts line by line, to see if you've made any back payments to any special accounts that you may have

— Angelique Ruzicka, Just Money and Moneybags editor

Listen to the conversation below:

As Ruzicka shared places people can find their hidden money, #NightTalk listeners reminisced about the strangest places they have found their own money:


Written by:

Recommended

by NEWSROOM AI
Read More
#Strideforgood pledges for an abuse-free society

#Strideforgood pledges for an abuse-free society

Johnnie Walker and civic groups gathered at the Nelson Mandela Bridge to call for an end to abuse against women and children

Striding Men Rally makes strides for no violence against women and children

Striding Men Rally makes strides for no violence against women and children

On Saturday, Johnnie Walker Striding Men and several city society formations will march on Nelson Mandela bridge, in support of an abuse-free society.

Negotiating the salary you want at work like a boss

Negotiating the salary you want at work like a boss

On NightTalk's Money Matters, Mpho Keli gives advice on how a person can successfully negotiate the salary they want.

Money Matters: Do relationships between a saver and a non-saver last?

Money Matters: Do relationships between a saver and a non-saver last?

Angelique Ruzicka describes whether relationships between people who save and those who do not can be successful.

Money Matters: How cross border money transfers can be made easier

Money Matters: How cross border money transfers can be made easier

Gugs Mhlungu and Sizwe Dhlomo spoke to Raphael Grojnowski, Founder and Director of Mama Money about the company's low cost system.

Tips on how to teach children about money matters

Tips on how to teach children about money matters

Nikki Bush take us through the ins and outs of talking to children about money, saving and being careful with our hard earned cash

Popular articles
How to pay up to 45% less tax (and save the SA economy while you’re at it)

How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.

Calls for more women to come forward and testify at Timothy Omotoso's trial

Calls for more women to come forward and testify at Timothy Omotoso's trial

Thanduxolo Jindela explains why he is running a campaign to encourage more of Omotoso’s victims to come out and testify.

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

10-year-old maths whiz Sbahle Zwane gets a scholarship from Curro school

Azania Mosaka catches up with Sbahle Zwane's mother to hear about developments with his schooling.

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Is the ANCYL still relevant and who is likely to take over the leadership reins?

Former ANCYL spokesperson and eNCA political reporter Samkele Maseko discuss who is up for the new ANCYL leadership.

'It's unacceptable that government officials pay R75 for luxury apartments'

'It's unacceptable that government officials pay R75 for luxury apartments'

IFP national spokesperson Mkhuleko Hlengwa says the party is calling for a review of these rates that are a cost to taxpayers.

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

[WATCH] Sars boss confusing, evasive testimony at Nugent Commission

Khabazela shares some of the most popular tweets, posts, and videos on 'What's gone viral'.

Getting drunk improves creative problem solving - Harvard Business School

Getting drunk improves creative problem solving - Harvard Business School

Bruce Whitfield asks branding and advertising expert Andy Rice about a peculiar study that has creatives reaching for the tequila.

Articles
How this woman used a fake cancer diagnosis to scam thousands on Instagram
How this woman used a fake cancer diagnosis to scam thousands on Instagram

She posted heartwrenching photos and details of her illness online and raised thousands of dollars from the public.
[LISTEN] What to expect from the upcoming Investment Conference
[LISTEN] What to expect from the upcoming Investment Conference

Economic Development Minister Ebrahim Patel sat down with Karima Brown to talk about the three-day event.
How to pay up to 45% less tax (and save the SA economy while you’re at it)
How to pay up to 45% less tax (and save the SA economy while you’re at it)

The Money Show’s Bruce Whitfield interviews Darryn Faulds, a fund manager at Grovest Group.
How to build a business that will survive constant technological change
How to build a business that will survive constant technological change

The Money Show’s Bruce Whitfield interviews Pavlo Phitidis, founder of Aurik Business Accelerator.
Features
State Capture Inquiry
State Capture Inquiry

Everything you need to know about the State Capture Inquiry.
Solutionist Thinking with RMB
Solutionist Thinking with RMB

Bruce Whitfield presents an insightful new series that celebrates great thinking and what it takes to be a solutionist thinker.
The Money Show with Bruce Whitfield
The Money Show with Bruce Whitfield

Nedbank brings you a wrap of the day’s business news as well as insight into trends and expert advice on all things money-related.
Random Acts of Kindness with Dis-Chem
Random Acts of Kindness with Dis-Chem

Nominate a charity that you feel is in desperate need of help.
Win
The BizQuiz with Mercantile Bank
The BizQuiz with Mercantile Bank

Test your business knowledge in the Biz Quiz.
We’d love to meet you!
We’d love to meet you!

Experience the thrill of live talk radio as it happens!
EWN Headlines
Judge Nugent: We are not going to be diverted by anything
Judge Nugent: We are not going to be diverted by anything

President Cyril Ramaphosa released Nugent’s interim report earlier this week which recommended that Commissioner Tom Moyane be removed from office.
Khato Civils: Govt has spent too much money to abandon Giyani water project
Khato Civils: Govt has spent too much money to abandon Giyani water project

Eyewitness News reported on Thursday that the multi-billion project, which was meant to supply water to 55 villages in the Giyani area, is now in limbo.
Prasa 'disappointed' after City of CT attempts to deploy rail enforcement unit
Prasa 'disappointed' after City of CT attempts to deploy rail enforcement unit

Metrorail says that contrary to a request from Prasa to hold back the deployment for now, the city went ahead anyway.
Crimeline

Send your anonymous tip-offs to 32211 (SMS charged at R1) or visit www.crimeline.co.za

LeadSA

Do the right thing. Visit www.leadsa.co.za

© Primedia Broadcasting

Terms & Conditions

Connect With Us