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If someone you knew
a) didn't have or want kids
b) owned a home outright (worth not millions, but enough to live off the profits if it had to be sold) in a really affluent area.
c) didn't have to pay property tax on house, insurance on car, or the car they drive (a porsche)
d) didn't have to pay for food or any other daily items.
e) was able to spend $5 or $7,000 on clothes and other gifts.
f) doesn't work at all except volunteer work
g) was able to afford maybe 1 vacation a year ($3,000)
h) no other bills or debt

I know someone like this (not me, I wish!) & she insists she is not rich (because she still has a budget) but she seems pretty rich to me.

This lady is very very smart, she went to an Ivy League school & has a graduate degree also.

2006-08-31 06:25:38 · 2 answers · asked by maggie 1 in Business & Finance Other - Business & Finance

what i mean by "not have to pay tax" is that it is already deducted (by her accountant?) from interest from her investments. So she doesn't have to work to pay it, that's what I meant.

btw, she's only 28.

2006-08-31 06:32:53 · update #1

2 answers

With a decent job anyone could do things like this if they manage their money well.

2006-08-31 06:31:28 · answer #1 · answered by mixwithanything 5 · 0 0

Sounds like she's got a Suga Daddy if she isn''t working. Where in the heck do you get away with not paying property taxes??

2006-08-31 13:32:19 · answer #2 · answered by Miss Mouse 6 · 0 0

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