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Students Find $40,000 in Thrift Store Sofa

Posted By Bill Hogan On May 16, 2014 @ 12:12 pm In Money Talk | Comments Disabled

Three college roommates who bought an old couch for $20 at a Salvation Army store in New Paltz, N.Y., had the surprise of their lives [1] when they found $40,000 in cash hidden inside.

IMG_5141-225x300 [2]“I almost peed,” Reese Werkhoven, one of the lucky trio, told TheLittleRebellion.com [3], an online student newspaper at SUNY New Paltz. “The most money I’d ever found in a couch was, like, 50 cents.”

As it turned out, the couch contained three cash-stuffed plastic envelopes, one of which had a woman’s name written on the outside.

Werkhoven and his two roommates, Cally Guasti and Lara Russo, then decided to try to get in touch with her. “We all agreed that we had to bring the money back,” Russo told the newspaper.

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Why did the woman stash so much money in the sofa? TheLittleRebellion.com explained as follows:

Her husband had had a heart condition and knew his time was limited. Before he died, he gave her money each week to put away for when he passed. For 30 years she stored her savings inside an old couch in the television room where she slept. When her husband passed away, she remained working as a florist and continued to store her money in the couch until she had an operation on her back and went to a rehabilitation center for several months. Upon the woman’s doctor’s advice, the woman’s daughter and son-in-law replaced the couch she used to sleep on with a full-size bed. The couch ended up at the Salvation Army store in New Paltz.

“When we handed the money back to the woman,” Guasti said, “she told us that she felt like her husband was present in the room with us.”

>> Get discounts on financial services with your AARP Member Advantages. [5]

The widow, who asked not to be identified, gave the students $1,000 as a reward for returning the money.

YouTube Preview Image [6]

 

Photo: TheLittleRebellion.com

 

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Article printed from AARP: http://blog.aarp.org

URL to article: http://blog.aarp.org/2014/05/16/students-find-40000-in-thrift-store-sofa/

URLs in this post:

[1] surprise of their lives: http://blog.aarp.org/2013/11/12/man-finds-98000-in-craigslist-desk/?intcmp=AE-BLIL-BL

[2] Image: http://blog.aarp.org/wp-content/uploads/2014/05/IMG_5141-225x300.jpg

[3] TheLittleRebellion.com: http://thelittlerebellion.com/index.php/2014/05/new-paltz-students-find-40k-in-a-couch/

[4] >> Sign up for the AARP Money newsletter: http://www.aarp.org/online-community/people/subscribeFromEmail.action?id=29636&intcmp=ILC-EMAIL-SUB-MONY

[5] >> Get discounts on financial services with your AARP Member Advantages.: http://www.aarpfinancial.com/content/aarpfinancial/home.html?intcmp=AE-BL-MON-DISC

[6] Image: http://www.youtube.com/watch?v=ep40yqSG2IE

[7] Couple Found $1 Million in Their Trash: http://blog.aarp.org/2013/07/26/they-found-1-million-in-their-trash-2/?intcmp=AE-ENDART1-BL-REL

[8] Social Security Changes in 2014: http://www.aarp.org/work/social-security/info-01-2014/2014-social-security-changes.html?intcmp=AE-ENDART2-BL-BOS

[9] Fight Fraud and ID Theft With the AARP Fraud Watch Network: http://www.aarp.org/money/scams-fraud/fraud-watch-network/?intcmp=AE-BL-ENDART-ADV-FWN

[10] Join AARP: https://appsec.aarp.org/MSS/join/application?keycode=U9ZTPH9&intcmp=AE-ENDART3-BL-MEM

[11] AARP home page: http://www.aarp.org/?intcmp=AE-ENDART3-BL-HP

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