Tag: money

What is CFP Certification?

CFP (Certified Financial Planner) is a prestigious international certification for employees in the financial sector. Certificates are issued by organizations – members of the Financial Planning Standards Board (FPSB). The FPSB members are 24 national organizations, which have been delegated powers in terms of accepting and considering applications, organizing exams and issuing certificates. In the…

What Happens to Unclaimed Cash?

Today in the U.S, there are more than $132 million unclaimed by depositors in bank accounts. But according to some experts, the amount is much larger and banks can hold up to $3 billion such funds. This money is called unclaimed. What is their origin? There are at least three categories of unclaimed deposits: First,…

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