It appears that others are discovering the Surprise Millionaires phenomena. One financial institution is even attempting to educate its customers regarding the benefits of frugality and wise investing. The article is great and right on target but the statement that really grabbed me is one that expands on an idea I have spoken about at length here at the Surprise Millionaires:
“The correlation between being a millionaire and occupation is completely random. More than what you do for a living, the manner in which you live your life will determine your financial outcome.”
In other words, “anyone can accumulate wealth”! I say it much more simply but the message is the same. Consistent, long term, saving and investing will result in wealth accumulation. And just how do you maximize the funds you are able to invest? Frugality of course!
It appears that the Hill Country of Texas may hold a surprise or two. According to this article, they have an unusually high number of wealthy retirees who do not act the part.
Case in point, take a look at the quote from this local resident:
“I know one millionaire, but he doesn’t show it,” said Joyce Griffin, 75, during a visit to the Dietert Senior Center in Kerrville. “He has a beat-up Chevy pickup from the 1970s.”
This is the very definition of a Surprise Millionaire! As we have often heard, “everything is bigger in Texas”. That may also apply to the number of Surprise Millionaires per capita!
I think few would argue that Montana is a state called home by many rugged individualists. People who make their own way in life on their own terms. What a perfect place to produce a Surprise Millionaire!
LeRoy Beckman was just such a person. Raised in poverty by a single mother, Mr. Beckman went on to amass an estate totaling $3 million simply by virtue of his frugality and wise investing.
An avid outdoorsman, Mr. Beckman’s estate created a wildlife preserve to ensure that a large part of Montana’s vast terrain will remain unspoiled and accessible to the public for years to come.
Ninety-eight-year-old Findlay Ohio resident, Margaret Elizabeth Taylor, wanted to do something worthwhile with the $1.1 million estate she had accumulated as the proverbial Surprise Millionaire. But what she decided to do with the money was well, a little different.
She told her family that they would not receive any money from her estate because what she would do with the funds would benefit a whole lot of people. No, she didn’t leave the money to any charity that you would be familiar with. What she DID do with the money is rather shocking…
Just when I thought I had read the most inspiring story ever (last post), I came across the story of Anna Kurzweil of Kansas City. A lifelong teacher and student of learning who put faith and others first in her life.
A world traveler (working in a leper colony!) gifted educator, writer, and poet, she counted her wealth in the friends she made, the family she loved and the faith she treasured, not in her bank book. But oh how her bank book told its own story!
Upon her death, the faith-based charities she honored were stunned to learn they would be the recipients of Anna’s $2 million estate!
Another amazing life well-lived and a benefit to mankind in general and their local community.