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Lots of Money, All of a Sudden

Wednesday, November 21, 2007

As an adult, Mort Zachter suddenly inherited millions of dollars from an uncle who had lived like a pauper. His new memoir about becoming rich after decades of financial hardship is called Dough.

Weigh in: If you became suddenly and unexpectedly wealthy, would you make any drastic changes in your life?

Dough is available for purchase at amazon.com

Mort Zachter's website


Comments

  • [1] M. Barkin from Bay Area California November 21, 2007 - 01:04PM

    Enjoyed listening to Mort Zachter.

    As my therapist said: "You earned your inheritance." It was very re-affirming to hear someone with a similar experience.

    My parents moved from California to Florida late in life. Neighbors called Adult Protective Services several times because they were concerned about my parents' poor living conditions. I knew they could afford to live much better, but had no idea what my father had actually accumulated. Not $3M. but much more than I anticipated. Still cannot bring myself to go out and buy that Mercedes.


  • [2] judy from manhattan November 21, 2007 - 03:29PM

    I really enjoyed the segment.


  • [3] Dean B. from Toronto, Canada November 26, 2007 - 09:00PM

    What a fascinating show and topic.

    I think the bias with money is to assume that most people have problems with spending and debting.

    Mr. Zachter's story shows us an entirely different side...saving and hoarding.

    This "miser" complex is well worth looking at and I wonder if there are other stories out there of a similar nature.


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