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I found a money clip with $300 and no I.D. Should I keep it?

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October 01, 2009 08:23 PM
Well you could hand it in to your local police station to see if anyone claims it. Otherwise I suppose you could keep it, but it may help your conscience if you donated it to charity.
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October 01, 2009 11:40 PM
report to police or give to charity for good things don't spend it
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October 01, 2009 09:03 PM
Hand it in to the police, after a certain amount of time (i think 4-6 weeks) if it hasn't been claimed and proven to be someone elses then they will return it to you. (check local laws/rules on lost and found)

Since there's a huge chance that no-one will claim it, and the the moral thing to do, remember what goes around comes around :)
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October 01, 2009 10:24 PM
I would take the money clip down to the police station and report it as lost.

If after 4-6 weeks th money clip is unclaimed you will probably get the belt back yourself then anyway.

If the clip is claimed at least you know you helped somebody out at a difficult time for them. You might benefit from luck like this yourself one day.
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October 01, 2009 11:00 PM
This is a tough one. No ID. Once I found $120.00 cash on the ground, six twenties. I kept it. I felt sad for whoever lost it, because it was right at the edge of a parking lot on a large college campus. Still, there would be no way to identify who lost the money.

I feel a little remorse for not turning it over to campus police, and with a money clip that could be identified, that is a bit different. Take it in if you really feel like a good Samaritan. But without an ID, you always run the risk that some clerk somewhere might just keep it anyway.

My vote's for turn it in, because I kind of wish I had done that.
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October 01, 2009 11:28 PM
I think you should keep unless you know who it belongs to . It's a street lottery.
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October 04, 2009 03:25 PM
Love that - "Street Lottery" ;)
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October 02, 2009 01:00 AM
The asker neglected to tell us where he or she found the money. If it was in the grocery store, of course it should be turned in, because someone is likely actively looking for it. Same scenario if it was found at the bowling alley. However, if it was found in the gutter on some busy street, and nobody is around…

I agree – tough one.
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October 02, 2009 07:37 AM
Sometimes... People hold onto it.. Tell the police they found a large amount of money and explain to the police where they found it but do not tell them the exact amount and ask the police if someone come forwards about missing the money.. ask them what the amount was.. if the amount was right... they claim to have found.. Then hand it over... Is another way some do it.. But check with your local laws.. as sometimes if it is not claimed and in police custody it goes to city projects.. as I posted an article earlier this week about a recycling center discovering 100$ bills unclaimed in trash bags..
And in their city in California if its unclaimed it goes to the city to fund city projects.
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October 02, 2009 12:59 PM
I ran into this same situation.

I found five 20's folded in half on the ground at a street corner in my neighborhood.
(no money clip)
I posted a sign asking if anyone lost anything of value and left my phone number.
I waited two weeks. I did have a call about a ring and a necklace, but no money.

After waiting, I felt okay keeping it.
I have the feeling that giving it to the police would be a dead end anyway.
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gno
gno
October 02, 2009 01:24 PM
I would keep the cash. If there's no distinguishing mark, no means of identifying where the money came from (or verifying who the real owner is) then there is no point in taking it to the police....except for making YOU feel better. The police aren't going to figure anything, and might just end up pocketing the money.

Same thing with posters, how would anyone really claim the money? How could they prove it is theirs? You might as well just hand that money to the next random person on the street and be as likely to find the real owner.

Nope, I'd keep it and consider it a gift from the gods. I'd try to "pay it forward" with other acts of kindness and donations (I work with a charity group nearly every day of the week, so putting some of that money to good use would be easy!).
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October 08, 2009 06:11 AM
consider it a gift from the gods. I'd try to "pay it forward" with other acts of kindness exatly what it is when I lose something and others find it and its not returned!
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October 02, 2009 02:32 PM
It's kind of hard to give it back when you don't know who to give it to!

I'd put an add in the paper: Clip found, money inside, call (##) and then don't give any details. If someone can corrected identify both what the clip looks like and how much money was inside it, along with anything else that might have been attached, you'll have a good idea they are legit. A lot of newspapers let you put 'found' ads in for free, so it wouldn't cost you anything but a little time and then you could feel good about keeping the money.

I'm not sure about turning it over to the police as said here. I actually knew some unscrupulous goings on with some small police departments where they would have kept the money themselves. Quite frankly, if the rightful owner doesn't get it back, the person who found it deserves the money.
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October 30, 2009 12:34 AM
Exactly what I would do. In cases like that, the police often don't put in any sort of effort to find the owner, and MAYBE hold onto it for a couple month. After that, it's theirs, so why not just do the same?
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October 02, 2009 07:30 PM
I think any honest person would turn it in to authorities. If the owner is found, then whoever turned it in will have
a "feel good" feeling. If the owner isn't found and is returned to the finder, it should be put to use in a needed
manner, not just go out and "blow" it.
Source(s):
My personal opinion. It's the right thing to do.
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October 04, 2009 12:06 AM
A good samaritan is one that resolves a problem for someone that they can actually identify. By finding cash in a lost wallet, it would be expected for you to contact the person and return it. Obviously, they'd offer a finders fee considering you've helped them avoid the pain of canceling all of their credit cards and standing line to get a new drivers license. But anyone that has enough cash to keep in a money clip rather than a wallet is probably not missing it. There are a few people stating that you should turn it in to the police but how many people would actually call the police to file a report for losing $120 and a money clip. If you return it to anyone other than the police then there's a high-probability that they'll keep it for themselves.
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October 05, 2009 01:03 PM
The money is mine. How can I get in touch with you to get it back? You can keep the clip.
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October 06, 2009 02:31 AM
yes duhh
Source(s):
school of life
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October 06, 2009 03:32 AM
Turn it in to cops or advertise
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October 06, 2009 07:53 PM
You should not keep the money, it’s not yours. However, there is no way to locate the rightful owner of the money, you can’t just put a add in the paper saying ‘lost money, describe it and it’s yours’ and you can’t trust the cops (‘oh, someone claimed it last week…’).
The answer is to take the money (and clip) to the closest local bar and buy rounds of drinks until you have exhausted the $300 or you pass our and loose it yourself. Chances are that the money was lost by some drunkard in the first place and had the drunkard not lost it, it would have gone to the bar anyway therefore you are merely returning the money, if not to it’s original owner, then to future planed owner and all the drunks (including you and hopefully me) get to take advantage of it as intended.
All is right in the world.
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October 07, 2009 02:14 AM
That's just crazy. Just because someone lost it doesn't mean they were a drunkard, and wasting the money on booze for other people doesn't put anything positive back into the world.

If your take is that he shouldn't keep it since it's not his, isn't offering it to charity a better way to make the world a better place than buying a bunch of folks at a bar a round of drinks?
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October 07, 2009 03:53 PM
Charity is designed to help the people who do not have: food, shelter, money… etc. giving money to them would not correct the in balance. Of returning to the person(s) who lost because the charity and the people they support never had. The act would make me no better than Robin Hood. Unless you know of a charity for people who lost money. By returning to the bar, the future owner, and providing the drink to the drunkards in the bar, I am, if not directly at least indirectly returning the money to those who have lost. The bar where the money was destine and the drink for the drunkard who if haven’t directly lost the money probably bought drinks to the person who lost it. How do I know it was a drunkard? Because I found the money and I would most likely be in or near a bar when it was found.
--- and I say to myself... What a wonder full world.
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October 07, 2009 12:38 AM
I think you should keep it. Because if you hand it to the police they might think it was stolen and then dumped on the side of a street and then you found it. So they might keep it as evidence and not give it back to you. So just keep it. Its only 300 bucks its not too much.
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October 15, 2009 02:56 AM
If you find it in a store or any place like that, ask the people in charge if they have a lost and found. If not, and there's no ID, I'd take it -- but I wouldn't spend any of the money right away. I'd go back to the surrounding area after a few days and ask whether someone's been looking for a money clip. Sometimes it takes a while for people to realize they've lost things. If not, I'd say it's yours.
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October 15, 2009 03:52 AM
How about if you advertise a notice saying that there were skin cells on the clip, and you've scanned the DNA, and now anybody willing to pass a DNA scan can have it.

That *should* weed out the false claimers, and if it was stolen and then lost by a thief, the thief will go nuts wondering if it's his DNA that they found on the clip, and he'll wonder if he should come in and act like he's the owner or if it's a trap because they know who the real owner its, etc. etc...

... but you *might* get someone to come in, so darned confident that they're not afraid of a DNA test, and with that look of recognition in their eyes when they see the clip, and that's *probably* the real owner, plus you'll know almost for sure if they offer you some or all of the money in exchange for having found and returned their money clip.

Those things can be more expensive than you think. I used to think that they were just a dump piece of metal, but the real good ones are made of just the right balance of silver and gold to give it just the right amount of pressure to keep the bills snugly together combined with not so hard that it won't bend back plus with just the right amount of spring to let the bill you're pulling go..

I've seen good money clips in the $120-$300 range,.so if it's a good one, don't be surprised if the owner tells you to keep all - if not half - the money in exchange for the clip...

Plus the clip might be an heirloom.
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October 15, 2009 05:10 AM
Wow some really good answers on here. Some well thought out ones too.
I agree that if it was lost in an obvious place then an attempt shoudl really be made.
Running and ad is a great idea, and making it vague if it was in a more public area.
My own little person example is this:
I dropped my money at work and did not even realize it until someone turned it in and the guard sent out an all staff and I was able to claim my 5 Dollar bill and 3 ones. Of the 200 to 250 employees in my building no one tried to claim my money and as it was a small amount maybe it seems it wouldn't be that impoportant, but it was my lunch money and I would have been disappointed to know that someone I worked with walked off with it simply becasue it wasn't connected to my ID. So my opinion is turn it in and wait for their set amount of time and then it becomes your anyway.
Source(s):
personal memory
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October 15, 2009 10:47 AM
YEAH RIGHT
http://farm1.static.flickr.com/60/173414635_b6afe53121.jpg

My Dad found about $120 in a lunch sack full of lottery tickets at the end of his driveway one morning, and figured God wanted him to buy a that handgun he'd been looking at. Dad had been around guns all his life, he was a collector and he rebuilt them. My son and I each have rifles that Dad rebuilt for us. However, he'd never owned a handgun. The first time he went to clean it, it went off in the bedroom, scaring both Mom and Dad into near-heart attacks. Luckily no-one was injured, but there's a bullet in the wall to this day. Dad didn't even finish cleaning the gun, he drove it right back to the gun shop and never touched another handgun.

The moral of the story? If you keep the money, be very careful what you do with it, and don't assume that God wants you to buy a gun!!

http://farm4.static.flickr.com/3208/3828668638_d58ae722d6.jpg
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October 15, 2009 01:28 PM
The only thing to do is try to return it to the person who lost it. Since you are asking this question you know it's not right to just take the money and run. If you found it near a shop or shops, ask in the store if they would post a 'lost money' sign on the counter with your phone number. If I lost that much money, I would backtrack where I was, hoping the money had been found and turned in.

It's the same as stealing if you keep it without first making an effort to return it.
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October 15, 2009 02:51 PM
I think you should return 200$ and keep 100$
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October 15, 2009 06:38 PM
It depends a lot also on where you found it. If you found the clip around work or school then there's a good chance you'll hear of someone losing it, in which case, just waiting a couple days would be sufficient.

I don't think turning it in to the police would be helpful as I don't think most people will call the police station to see if anyone had turned it in. If it makes you feel better though, then turn it in.

It's a matter of how far you need to go to be comfortable with keeping it. I'd feel guilty not trying as best as I could to find the owner because I know I'd be a horrible mess if I had lost the money myself. I would put a small ad in our local paper (I live in a very small, rural area) and if no one claimed it, I'd keep the money.
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October 15, 2009 06:58 PM
I would put an add on Kijiji.com asking people to call and identify any special markings on the money clip. Truth be told, the person who lost it might not actually know what the sum of money was that they lost, so describing the clip is the way to go. I don't think I'd turn it over to the police; I'd rather stay in control of the situation myself. If you get no legitimate replies, keeping it is really the only option you have.
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October 15, 2009 07:33 PM
Taking an ad out in the paper is a major shot in the dark because a lot of people have stopped reading newspapers. (Former print journalist here! I know this from personal experience! Newspapers are dying...quickly! And that includes their classified ads.)

Taking it to the police station is a shot in the dark too because you don't know if they are honest enough to hold it, report it, and if it's not claimed (by the owner or themselves) actually give it back to you.

What you need to do is ask yourself if you're going to feel bad or guilty in any way if you keep the money.

If you think you might at all feel guilty, give it away to a charity or a homeless guy on the street OR turn it into the police and let what happens happen. However you wish to remedy the feeling of guilt is up to you, but by turning it into the police, there's at least a chance that in a month or two, you'll be $300 richer.

If you would feel lucky rather than guilty, then keep it and move on. :)
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October 15, 2009 07:50 PM
You found a money clip with $300 with no identification. Should you keep it? No! I was once told that if you see something that is just sitting there, begging you to take it, and you take it, that is stealing. It does not belong to you.

The right thing to do is to turn it in to the authorities, whomever, they may be. That depends on where you found the money. In a store, it would be the manager. On the street, that would be the police. In an airport, that would be security.

If no one claims the money and you get to keep it, great. If it is not claimed and someone else just says it is and they keep it, that is on their shoulders. You just worry about doing the right thing.
Source(s):
I consulted my conscience...
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October 15, 2009 08:39 PM
I would keep the money. Without an ID, there is very little change of positively determining the identity of the person who lost it. You could take it the police, but I am not sure what good it would do there - I certainly hope that they aren't going to waste valuable tax dollars trying to track down someone who accidentally dropped some money. I would do as others have suggested and post signs asking people to call you if they have lost something valuable. You can also check the money clip for any engravings or distinctive characteristics. If it is an expensive piece, the jewelry store that sold it might be able to track down the owner. But I wouldn't give it more than a week before deciding that the money is yours as given to you by the universe or God or good luck or whatever. Spend it however you like. If that means giving some to charity, then all the better. But it doesn't make you a bad person if you don't.
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October 15, 2009 11:20 PM
I agree that it would depend on where it was found what action I would take. If it was a store or place of business I would turn it in. I also like the idea of running an ad and the person who could describe the clip and how much money could claim it. I would like to think I would be that honest but having never been in that situation I can't really say for sure.
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October 16, 2009 12:27 AM
Go back to the place where you found the money and post some signs that say “Money with clip found. If you are the rightful owner, please call me with details on clip, amount of money lost, as well as approximate location where it was lost”. This should help the person who lost the money if he tries to backtrack his steps to the location of loss if he finds the sign posted. Also, the wording may deter opportunists from trying to call you and claim the money as their own, since they will have no idea how much was lost and what type of clip held the money together. Unfortunately, other than that, there is not too much else you can do, since no identification of any type was included in the money clip, unless you want to check out the area where you found the money and see what types of stores or shopping opportunities are available. However, it is unlikely that the cashiers there would remember a person paying from a stack of cash held together by a money clip. Maybe if a bank or ATM is in the area they could help you identify a person who recently withdrew this exact amount (via face-to-face contact or video camera installed). Three hundred dollars in cash is a typical amount of money that a person may have to use for bills, such as child care. If you don’t want to get to extravagant in your search process, stick with the signs and wait to see what happens. I would wait up to one month for a response and if nobody calls to claim the money, you would probably be better off keeping it, since turning it in to the authorities does not necessarily guarantee that it will be returned to its rightful owner. Since the money was not yours in the first place, if you end up keeping it you may want to put it to good use. There are programs out there where you can donate book bags with school supplies to needy children. Or you could use the money to provide your local school’s classrooms with additional books and reading materials.
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October 17, 2009 08:46 PM
No ID? You are expecting to find a needle in a haystack.

Several times in my life I have misplaced money - probably thought I tucked it into my coat pocket or put it in my purse only to pull something else out of my purse and not seeing the money came out too. Sometimes I didn't recognize WHEN or WHERE I did this until a day or so later. I always chalked this up to my own irresponsibility!!!

Whatever you do DON'T take an ad out in the paper. Why would you spend money on someone else and their carelessness with their own money? You will have every crazy person within readings distance calling you.

If someone drops a $$$$ on a retail store floor and you find it why on earth would you run to the customer service department wasting time and energy hoping by chance the person is still in the store? Not to mention what if several people come forward and you get a "guessing game" of chance hoping they all have the right amount?

If someone looses their wallet (WITH AN ID) and you find the wallet with money in it, then take out enough money from the wallet to ship it back to the person (anonymously) and put insurance on the package.

If no money and ID hand it into police department.

Whose to say the person finding money isn't being blessed?

Why not send a silent blessing to the person who lost the money and for them to receive double what they lost. Then be grateful for the money you received. Pay some of this forward by donating 10% to a favorite charity and keep the rest.

Money should be respected. If someone is so careless and irresponsible to drop that kind of money then the person finding it is receiving the money not taking it or stealing it.

Money is owned to the extent that one cares for it.
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October 18, 2009 03:55 PM
More that 15 yrs ago I found Spring Spaniel pup in the middle of 680 just East of the Mckinley street bridge. I checked the newspapers for a week; I called the Humane Society for a week. Nothing. The dog was a valued member of my family for almost 14 yrs...

I presumed is someone wanted this dog back they could have looked it...
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October 19, 2009 05:50 AM
I'd keep it. but, the right thing to do is hand it over to the police. Then again, what would limit the police from keeping it? So, I'll keep at and use it wisely so the money is not wasted.
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October 19, 2009 04:51 PM
Yes keep it. Finders keepers, losers are losers they don't count. Besides someday you will lose money so you're just Pre-even right now.
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October 21, 2009 06:51 AM
Yes.Finders-keepers, and all that. No point handing it over to the cops as there will be zero accountability.
If you feel bad about it anyway, use it to do good work, donate to a charity,buy gifts for the poor, etc etc.

I once found 467 bucks bang outside my door, waited for almost half an hour for someone to come claim it, then gave up and kept it. i regret not utilising it for helping others though....
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October 21, 2009 01:22 PM
i feel like if you find it and you should go back were you saw it and wait and see if any body looks for it if they dont you should keep it or give it to charity for the peoples
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October 22, 2009 12:31 AM
First of all, I just want to say that nobody, and i repeat, nobody, goes to the police station if they lost money.
If you loose money, you know it´s lost forever. so keep the money. Use it on something fun. Enjoy.
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October 22, 2009 11:04 PM
I would turn it into the police department - its the only way the original owner will get it back, if they report it. It could be someone's grocery money for the month-- and it is not right to keep it.
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October 23, 2009 05:30 AM
if you find money on the ground yes you shuld keep it just as long as some one do not for get there money have been missing but my best for you is do not let no one cleam there money if it do happen try to give it back in made your heart bless you with all that money you have find wow so much money
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October 24, 2009 07:48 AM
Sometimes certain faiths advice their followers to donate a percentage of their earnings to their church or to a good cause. Donate that percentage or more and consider the rest a gift from God. God doesn't play dice. You were meant to come across it. Spend it wisely...or heck, donate it all. I once gave a homeless man 40 dollars on Christmas for pumping my gas...he cried from relief. If that money doesn't make you cry out of relief, I'm pretty sure there are others in need that probally need a lil help. I usually give to those that don't ask yet I know they need it. "Good things usually happen when you least expect it."...like finding that money!
Source(s):
life experiences
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October 24, 2009 09:16 PM
If it was in your house keep it
If it was out side keep it cause u don't know who to give it to or anything
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October 24, 2009 10:38 PM
There's a difference between what one SHOULD do and what one WILL do.

There are also billion of different reasons why...

At the minute, just like the planet, I'm having a little financial crisis of my own. In that I have no money.

If I found a money clip with $300 and no ID (or, even better, £300 and no ID) then I would ABSOLUTELY keep it and I don't care what anyone says.

Someone who has that much money, so much that they can carry around $300 in a money clip, clearly has more money than sense.

I find that money, I have some sense, so I keep it.

Right, so if you all go ahead and get your guns out, let's agree that I get a 5 minute head start, ok? ;)
Source(s):
Me
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October 25, 2009 08:36 AM
If you can't locate the owner donate it to your Church.
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October 26, 2009 01:04 PM
well u should at least put some effort into finding out who it belonged to and wherever u found it put up a sign or something, and if that was ur wallet wouldnt u want someone to give ur money back? and he might give u a reward! (:
good luck

-here4you
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October 27, 2009 01:40 PM
Keep it! That's worth a lot of Beers!!!

P.S. Be careful you might end up like these people:

http://www.youtube.com/watch?v=tZmDWltBziM

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October 27, 2009 08:30 PM
Go in to any local stores or buildings that are near to where you found it. Don't show the people you are asking but ask if anyone came looking for a lost money clip. Don't describe it or how much was in the clip.

If no one has, then post an ad in the location that you found the money clip and money in. Don't give details other than money and money clip found. Please contact so and so at this number or email address to claim it. State that after 30 days it will be assumed that no one will claim it and it will be used or donated.

If no one claims it with specific identifiable details after 30 days then keep it. If you do not feel comfortable using it yourself then donate it to a worthy charity of your choice or go buy 300 dollars worth of non-perishable foods to donate to a local food bank.
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October 27, 2009 09:06 PM
Easy answer, I would turn in lost money to the police because it just might be all the money someone has in the world. Honesty is always the best policy.

True story I was outside my bank walking thru the parking lot, and seen a paper. I glanced at it and seen it was a check and picked it up. The back was signed. I took it into the bank, because I figured someone had dropped it while going in there. Marty the teller looked at me strange when I said I found it outside blowing but she took care of it for the person. A few days later money was deposited into my bank account from that man whose check I had found. It was his paycheck and he was a single dad.
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October 29, 2009 01:43 PM
Once when I was a young single mother, I lost $40 from my purse. It was my grocery money, and when I got to the checkout, I had no money to pay. I had started to cry when someone from the service desk came over and said someone had just turned in $40, and asked me to describe what denominations they were. I said it was a $20, a ten, and some ones. He handed me the money, and I was elated! Someone had been honest enough to turn it in.

There was a story some months ago about someone finding a paper bag with $25,000 in it. They searched until they found the true owner, an elderly woman. I think the story went that she was moving away to live with one of her children, and had withdrawn the money from the bank that morning, and dropped it on the bus. That's how he knew it was hers, because he found it on the bus she said she had been on. It was her life savings.

I worked in a large grocery chain behind the service desk, and as soon as lost money or credit/debit cards were turned in to us, they were locked in the safe with a piece of paper with the date on it. We kept it for 30 days, then the cash went back into the company coffers. I always felt like that was wrong, because it wasn't the company's money. They justified it by saying it helped make up for losses from theft. I always felt it should go into some sort of fund to help employees in need.

The fact is, you never know who that money belongs to, and what it means to them. I've turned in amounts as small as $10 to managers of stores, and asked for a receipt for the money. What happened to it after that is anyone's guess, but by turning it in to a manager, I felt safer than just handing it over to the service desk personnel. After my experience with the grocery money, I learned that even the smallest amount of money can mean everything to the owner.

All that being said, I would try as hard as I could to find the true owner of the money, and if I couldn't, I would donate it to a local charity.
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October 29, 2009 01:57 PM
If that was your rent, wouldn't you want someone to try and return it to you? You could cause a family to be evicted, lose their utilities, vehicle, groceries, diapers, formula, WHATEVER.

If it was YOUR money clip wouldn't YOU go looking for it?? I know I would be if I lost my wallet with $300 bucks in it. Heck I would be scouring every place I had been for $100, that is how important my $ is to my family.

DO the RIGHT thing. PERIOD. you know what it is.
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October 30, 2009 07:41 PM
Why not take that money and buy $5.00 increments of gift cards to local restaurants. Give them out as random acts of kindness or to those you encounter asking for spare change. Give it a shot, I bet it will make you feel good.
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