If this sounds like your friend, he might be a millionaire undercover

24/7 insights

• The millionaire next door might be the last person you expect.
• If you know a millionaire, they might be more generous than usual.
• It’s not unusual for a millionaire next door to pick up the tab.
• Also: Discover the “Next NVIDIA”

When we think of millionaires, the first thought is probably of big houses, luxury cars and a life of extravagance. However, as we have learned over time, the reality of how a millionaire lives can be more subtle. In many cases, you may not even know you’re living next door to a millionaire. Fortunately, Reddit is here to help us look for the signs that you’re secretly living with a millionaire.

7. Well connected

Secret millionaires often know the “right” people without their neighbors knowing.

In general, you might question someone’s worth if they have more connections than normal. You’ll probably discover their connections by hearing them drop names, or if you’re with them, they’ll run into someone they wouldn’t otherwise traditionally associate with. Having a good network and connections is often associated with wealth and opportunity.

6. Decorations for the house

The interior of the house of a secret millionaire could hide expensive furniture.

Many millionaires forgo the opulence of big houses on the outside, but they take great care of what goes into a home. This can be a telltale but secret sign someone is living a good life. They might have a valuable art collection or buy all their furniture from the most expensive dealer in town. While not definitive gifts, people who don’t mind spending on nicer things can be a sign.

5. Less concern for emergencies

Those with secret net worths will not worry about emergencies.

Money emergencies can be a real financial and mental headache for many non-millionaires. However, for the millionaire next door, something like a leaking roof or broken garage door might not be a problem at all. The more money someone has, the less likely they are to show concern about something that would cause a lot of stress to a traditional middle-class family.

4. Very philanthropic

Those who hide their wealth will secretly be generous with donations.

The millionaire next door is more than generous with various charities. They may have a particular cause and be willing to use financial resources to help finance some of the activities of this group. Alternatively, they may be willing to donate time, which could be another sign that they are not concerned with using their free time or time that could otherwise be spent working and earning.

3. Generous with others

Secret millionaires will be overly generous with money and gifts.

The millionaire next door might not hesitate to add an extra zero to a gift for your child. Although they might be overly generous, the millionaire next door tends to go the extra mile with gifts, especially for milestones like Bar/Bat Mitzvah, 16th birthday, etc. At other times, they might be willing to pick up the bill at dinner. without thinking.

2. Occasionally expensive hobbies

Anyone who plays golf frequently could be hiding their true net worth.

If you have a secret millionaire neighbor, you may find that they enjoy expensive hobbies. If they gamble regularly or go skiing every vacation, there’s a good chance this person has more money than they let on. Going golfing regularly can get very expensive and fast, so it’s not something those who are struggling financially will do on a regular basis.

1. Stay calm when talking about money

Money can easily come up as a topic during a night out.

When it comes to money, your secret millionaire neighbor might keep to himself. Whenever the group of friends goes out for dinner and talks about money, a secretly rich neighbor might keep quiet. Alternatively, they might deflect any topic related to money, especially if the conversation is about the cost of living.

The post If He Sounds Like Your Friend, He Could Be an Undercover Millionaire appeared first on 24/7 Wall St.