Catch a Vision
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Wisdom for Rich Living
Simple Wisdom for Rich Living, by Oseola McCarty, 80 pp.
The problem: People
whining about how hard it is to get a decent job and how impossible it
is to save any money.
The cure: Introduce
them to Oseola McCarty.
Oseola had to quit school at
age twelve to care for a sick aunt. Rather than seek welfare, she went to
work washing clothes. She did it the old fashioned way - build a fire
under the wash pot, then soak, wash and boil a load of clothes. Rub,
wrench, starch, hang them out to dry.
She loved her work, and worked
hard at what she loved. She lived simply, so that each month she saved and
invested some of her earnings. Nobody noticed her until arthritis
forced her into retirement. But the world took notice when the University
of Southern Mississippi received a gift of $150,000 from an obscure
clothes-washer named Oseola. She wanted to give others the chance for an
education that she never had. She gave additional money to her church and
family. During her lifetime, she'd amassed over a quarter of a
million dollars - $280,000 to be more exact.
She didn't need fame to give
her self-worth, contentment or happiness. But the masses longed to hear
her wisdom. At age 86, she became a jet-setting celebrity, getting
interviewed on ABC, CNN, NBC, BET, and MTV. But fame never changed her.
The basic principles she'd lived by throughout her working years continued
to serve her well through her final years.
Get this book. Read it.
Re-read it periodically. Give copies away as gifts. It's a great
anti-dote to the current spending disorders that cause such heartache in
"Hard work gives
life meaning. Everyone needs to work hard at something to feel good
about themselves." (p. 5)
"I loved to
work...." (p. 6)
"Work is a
blessing. As long as I am living, I want to be working at
something." (p. 8)
"I was working to
have my own things.... A sense of ownership was my satisfaction."
"She found ways to
save a few dollars here and there, and rather than spending them, she
had the discipline to put them to work for her in savings
accounts." - Paul Laughlin, Oseola's banker. (pp. 15,16)
"Every month I'd
save the same and put it away. I was consistent." (p. 17)
"The secret to
building a fortune is compounding interest. It's not the ones that
make the big money, but the ones who know how to save who get ahead.
You've got to leave your investment alone long enough for it to
increase." (p. 18)
"...I think my
secret was contentment. I was happy with what I had." (p. 19)
Make Payments on Credit Cards
"I save up my
money until I can buy something outright." (p. 20)
and Serve God
"You have to
accept God the best way you know how and then He'll show Himself to
you." (p. 37)
"I think the way
we live matters, not just for now but for always. There is an eternal
side to everything you do. You can't lead just any kind of life and
enter heaven." (p. 38)
"Family is the
greatest blessing in this life." (p. 50)
"It is important
to make special memories with the people you love." (p. 52)
"My only regret is
that I didn't have more to give." (p. 75)
for More Money Book Summaries
Simple Wisdom for
Rich Living, by Oseola McCarty, Book Summary
Personal Money Management
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