Markola
Thinks s/he gets paid by the post
I inherited the management of my dad's financial life when he died several months ago. I was surprised to discover that:
• he netted $40k per month
• he was the income beneficiary of some trusts I had never even heard of
Why the surprise? Well, he:
• always flew cargo-class
• always purchased second-hand cars
• always knew the cheapest place to get gas in his area
• lived in a solidly middle-class house
• never talked about his money
I will never know why he chose to live so modestly. Maybe he didn't want to produce spoiled, entitled brats for kids?
Fascinating. He was a classic (deca?) Millionaire Next Door. If you don’t mind sharing, how did he come to be a beneficiary of “some trusts?” Old wealth in the family?