How To Actually Get Free Money From The Government

Summary

The video discusses legitimate ways to get free money from the government, such as searching state databases for unclaimed property, getting mortgage assistance from organizations like 995hope.org, utilizing housing grants and programs, reducing student loan debt through government services, finding better employment through job training programs, and getting help starting or growing a small business through SBDCs.

Takeaways

• Search state unclaimed property databases for money held for you or family members
• 995hope.org provides mortgage assistance programs to reduce or cover payments
• Numerous federal, state and local housing grants help with down payments, closing costs, repairs
• Government services can help reduce or repay student loan debts
• Job training programs assist with finding work and gaining skills
• SBDCs provide help starting and growing small businesses

Q & A

What is one legitimate way to find money being held for you?

Searching state unclaimed property databases, which hold money from old accounts, investments, property sales etc. for people they can't locate.

What kind of mortgage assistance does 995hope.org provide?

995hope.org has programs that can pay part or all of mortgage payments on an ongoing basis to avoid foreclosure.

Where can you find grants to help buy a house?

State Housing Authorities listed on NCsha.org have various down payment and closing cost assistance grants and programs.

What government services can help repay student loans?

Studentaid.ed.gov, NFCC.org, and Consumerfinance.gov all have programs to help reduce or repay student debt.

How can you get help finding a job or gaining skills?

Contacting local offices through ServiceLocator.org provides job search help and pays for job skills training programs.

What is the best resource for starting a small business?

Small Business Development Centers (SBDCs) provide assistance with all aspects of launching and growing a small business.

Outlines

00:00

Checking State Unclaimed Assets Databases

The first paragraph explains that each state holds unclaimed assets in trust for people, often from old bank accounts, investments, insurance policies etc. Even if you don't have money yourself, you should search for unclaimed assets held by states for your relatives. The speaker explains that his father received a 5-figure payout after searching a database and finding an old forgotten property. Instructions are provided for how to easily search state databases for unclaimed assets.

05:02

Getting Government Grants and Aid

The second paragraph discusses government grants and aid available for various needs like mortgage payments, debt relief, down payments on houses etc. It mentions a hotline for mortgage payment assistance that has helped over 9 million people avoid foreclosure. Other resources listed include HUD for debt relief and state housing authorities for down payment assistance programs. It also covers government programs providing money to weatherize homes and help repay student debt.

Keywords

💡unclaimed money

Money or assets that are owed to an individual but have not been claimed by them. This video talks about the large amount of unclaimed money held by state governments, often from inactive bank accounts, investments or property sales. The creator encourages viewers to search state databases to see if they or family members have any unclaimed assets.

💡foreclosure

When a homeowner defaults on their mortgage and the lender takes possession and sells the property. The 995 Hope organization helps homeowners avoid foreclosure through various mortgage assistance programs, especially relevant given the housing crisis in 2008 where many people lost their homes.

💡grants

A type of financial aid, usually from the government, that does not need to be repaid. This video discusses various government grants available to help people buy homes, do home repairs, pay off student debt, develop job skills and start businesses.

💡housing crisis

The 2008 financial crisis in the US that was triggered by the burst of the housing bubble, leading to widespread mortgage defaults and foreclosures. This crisis prompted the creation of organizations like 995 Hope to help struggling homeowners.

💡student debt

Money owed by an individual to repay educational loans. The video recommends government resources that can help viewers manage or repay their student debt.

💡job assistance

Help provided to unemployed individuals to find work or gain skills for better employment. The script talks about a government service that assists with job searches, skills training and workforce development.

💡small business

A privately owned company that is small in scale in terms of revenue and number of employees. The video discusses Small Business Development Centers that provide training and support to help people start or grow a small business.

💡closing costs

The upfront fees charged to borrowers when finalizing a mortgage loan. Some government grants can help buyers cover these closing costs so they can more easily purchase a home.

💡mortgage assistance

Programs that help homeowners pay their monthly mortgage payments, usually through grants or subsidies. 995 Hope offers various types of mortgage assistance to prevent foreclosure.

💡home repairs

Fixing or improving a home, for example by weatherizing it to increase energy efficiency. The Department of Energy has grants available specifically for assisting low income families with home repairs and upgrades.

Highlights

There is $58 billion in unclaimed money that states are holding for people.

Doing an asset search can uncover money for you or family members from unused accounts or property sales.

995hope.org helps reduce mortgage payments by up to 50% for those in need.

HUD provides counseling on reducing various kinds of debt.

The American Dream Downpayment Initiative provides up to $10,000 for home down payments.

State housing agencies have many programs to assist with buying, owning, or repairing a home.

The DOE Weatherization Assistance Program helps pay to improve home energy efficiency.

Federal student loan repayment programs can ease the burden of student debt.

ServiceLocator.org helps people find jobs and get job training.

SBDC organizations provide assistance with starting or growing a small business.

Search state databases to find unclaimed money held for you or family members.

Multiple federal, state, and nonprofit programs provide money for housing costs.

Student loan repayment programs can reduce or forgive student debt.

Job assistance programs provide employment search help and job skills training.

Small business support organizations help with many aspects of starting and growing a business.

Transcripts

what's happening guys it's Shane here so

there's a lot of videos out there on how

to get free money from the government

and the few that are out there usually

wants you to either pay them money in

order to show you how to do it or

they're just plain weird

but today I'm gonna go over legitimate

ways to get free money from the

government that actually work and won't

be a complete waste of your time and I

know this because me or people that I

know who have actually tested these

methods out and after watching this you

will know everything that you need in

order to get started so the first thing

that you want to do is you want to check

to see if there's free money that's

being held by either the state that you

live in now or a state that you lived in

the past for either yourself or any

member of your family these could be

from an old bank account that they

opened when they were a kid they could

be from an old investment account that

your grandparents open for you you

didn't even know about an old insurance

policy land or personal property that

was sold at auction it could be a ton of

different things but what ends up

happening is they try to find you and if

they don't it goes into a trust with the

state and they hold the money for you

and by try to find you I mean they

pretty much never find you the problem

is is that the state just doesn't have

that many staff and they don't have the

cash to hire people to go out there and

just like search for everybody and call

and try to find these people that left

money with them and so they rarely find

people to claim it and the only way you

can access it is to smash that like

button just kidding but seriously I

would appreciate it if you did hit the

like button it helps with the algorithm

and it helps the channel out a lot and I

sincerely appreciate it so thank you but

because of this you have to be the

person that actually goes to your state

or any state that you lived in the past

and do what's known as an asset search

now let's say that you're a broke 13

year old that doesn't have a penny to

their name well you should still do this

because you can search for your parents

names your aunt's your uncle's your

brother your sister your cousin's your

nephews whoever your ex-wife it

seriously doesn't matter search

everybody's name because there's over 58

billion dollars in unclaimed money in

the United

States yeah you heard that right 58

billion dollars so chances are somebody

in your family does have unclaimed money

and guess what a few years back I did

this very thing and what do you know my

dad had an old property that he'd kind

of forgotten about that was sold at

auction and he ended up getting a really

nice five figure amount dad was really

happy and I ended up getting a new

Playstation now doing this search is a

very difficult and arduous process so

you need to pay really really close

attention here okay first go to google

type in your state then type in

unclaimed property search afterwards

then you look for the link that says

your state's controller office click on

it then go to the link that says

unclaimed property search and then click

on that then enter your first or last

name or the last name of whoever you're

searching for then enter the then enter

either your first or last name or the

first and last name of whoever you're

searching for and tada you're done it's

that easy now if you find anything

you'll have to fill out a quick form to

verify your identity and then they'll

send you the check and when I did it

this whole process took around three

weeks to a month somewhere around there

but I'm sure this varies from state to

state and I'm sure there's some states

that are much faster than others

so enter everybody's name that you know

and chances are you will find something

now the second way you can get free

money from the government is free

government grants and there are a ton of

these but a really good one is 995 Hope

dot org

and the 24/7 hotline is eight eight

eight nine nine five hope and they know

when that hotline bling it can only mean

one thing and that is to help you pay

your mortgage payment or at least reduce

it by up to half on an ongoing basis if

you need it and basically what they help

you do is to pay your mortgage or to

reduce your mortgage by up to half on an

ongoing basis if you need it now one of

the main reasons this organization

exists is because of the 2008 financial

housing crisis where millions of people

ended up foreclosing on their more

and since then they have helped over 9

million people avoid foreclosure so this

is a legit program this is no joke and

this isn't one of those grants we're

winning it is like winning the lottery

or something like that you know this is

actually one that you're very very

likely to get if you apply for it and

they have over ten different programs

that range from paying all of your

mortgage for a very short period of time

like maybe one month to paying up to

half of your mortgage on an ongoing

basis basically for the entire life of

your mortgage so basically whatever

situation you're in they have a program

that can help you out now if you have

some credit card debt or you know other

types of debt you can go to hud.gov and

type in the office of housing counseling

and you'll see a map of the United

States and I don't know why they call it

this it's the government so it's not

supposed to make any sense I guess but

they also deal with other types of debt

and the trick here is to call them make

sure to physically pick up the phone and

call them and explain your situation and

at the very least they will tell you

what your best option is and there's a

good chance they'll have a program to

get the debt off of your back what if

you haven't bought a house and you want

to buy one well there's programs for

that as well for instance the American

dream downpayment initiative also known

as a DDI will provide up to $10,000 for

you to cover closing costs or a down

payment on a house and that's a federal

program there's also state programs

local programs city programs county

programs etc and the best place to find

these is to go to your state Housing

Authority which you can find by going to

NC sha org which is the National Council

of state housing agencies and then

clicking on your state and you'll see a

bunch of programs so just click on them

and then you'll see whatever they have

that applies to your particular

situation there's free closing costs

money there's free downpayment money

money to fix up your house if you need

to repair your roof or you need to add

on to your house or anything like that

there's basically free money for

basically any situation that you have

that involves your house and most of it

just stays there untouched or rich

people who actually know about it

because they know politicians end up

applying for it and getting it the one

for fixing up your house for

since is the US Department of Energy

weatherized Assistance Program now

student debt is the next thing that can

be fixed by government grants and

student debt sucks now they're a bunch

of businesses out there that will charge

you 500 - even more than a thousand

dollars to do what I'm about to show you

so pay attention here go to student aid

dot edie gov slash repay loans go to

HTTP slash slash WWN CLC org and by the

way I'm you know I'm gonna provide all

the links in the description and then go

to consumerfinance.gov and search repay

student debts all of these are very very

good programs that can help you out when

it comes to paying off your student debt

now the next one on the list is an

organization that will help you find a

really good job and it's gonna be

service locator dot org you put your zip

code in there and it'll give you the

number to the local office that you can

contact and they will help you find a

very good job and it isn't just for jobs

actually they will also help train you

and valuable skills that you can use to

get an even better job they'll pay you

up to eight thousand dollars in order to

train yourself and if you in a small

business they'll pay you even more in

order to train your employees and number

one on the list is going to be these

small business development centers and

these guys are just awesome they're all

around the country and they'll help you

start a business grow a business they'll

help you with taxes accounting sales

scaling just about anything that you can

think of getting financing for your

business they'll help you with anything

you can think of when it comes to

starting or expanding a business they

are an awesome resource for anybody no

matter how experienced you are and the

website you can go to is a SBDC - US dot

org and this stands for the american

small business development centers

united states so i hope this video

helped you out and if it did go ahead

smash the like button hit the subscribe

button ring a little notification bell

calm it down below and then make sure to

watch my other videos because i'm gonna

be dropping a lot of value and I

basically just help people identify

opportunities that are out there in the

world and help people become successful

if you have any other suggestions go

ahead and call

put them down below I always listen to

you guys's suggestions and I make videos

based off of what you want but other

than that thank you so much for watching

i truly appreciate it and bye for now