This week\u2019s article was originally published in October 2013, soon after the Capital Hill Cashgate scandal broke in September of that year. Since then, similar dishonesty has become apparent in various government departments with ghost workers and other fraudulent claims coming to light, and K577 billion of government funds unaccounted for between 2009 and December 2014.<\/p>\n
The story of a humble cleaning lady who set up a scholarship fund for disadvantaged students is an inspiring reminder that with discipline and determination we can all accumulate substantial financial resources without resorting to fraud, and we can all make a significant impact on the lives of others regardless of our social status.<\/p>\n
This was the original article:<\/p>\n
Oseola McCarty was a black American woman, born on March 7, 1908. She was raised by her grandmother and her aunt who supported the family by cleaning houses, cooking, and taking in laundry. Oseola dropped out of school in the sixth grade to take care of her sick aunt. She spent the rest of her life as a washerwoman \u2013 hand washing and ironing other people\u2019s clothes.<\/p>\n
Oseola McCarty might have died in obscurity had it not been for what became fondly known in her hometown of Hattiesburg, Mississippi, as The Gift. When she was a young girl, Oseola had opened a bank account. She did not tell her grandmother or her aunt anything about it. Her whole life, Oseola practiced the discipline of saving the little piles of coins and one dollar bills that she earned from her job in her account.<\/p>\n
When she was finally forced to retire at the age of 87 in 1995 because her hands were painfully swollen with arthritis, Oseola had accumulated $280,000 in the bank. Oseola kept enough money to live on and donated $150,000 to the University of Southern Mississippi to fund scholarships for worthy but needy African American students to get the education she never had. She also gave money to her church and three cousins.<\/p>\n
When they found out what she had done, over 600 men and women in Hattiesburg and beyond made donations to the scholarship fund, more than tripling Oseola\u2019s original gift. Even TV mogul Ted Turner, founder of the cable news network CNN, donated a billion dollars to charity after hearing her story. He said, \u201cIf that little woman can give away everything she has, then I can give a billion.\u201d<\/p>\n
Before she died on September 26, 1999, Oseola travelled to the White House to receive the Presidential Citizen\u2019s Medal, the second-highest civilian award in the USA, from President Bill Clinton. She was awarded an honorary doctorate from Harvard University, appeared on Oprah, and carried the Olympic torch through part of Mississippi. In total, Oseola received over 300 awards. Unintentionally, the old washerwoman from Mississippi had become a leader.<\/p>\n
Leadership is influence. Through her gift, Oseola left an immeasurable legacy of influence over every young person who will benefit from the Oseola McCarty scholarship, as well as the countless lives that those young people in turn will touch. She influenced over 600 people, including a billionaire, to give money that they otherwise might not have given. She moved communities, educational institutions, the media, and even the president.<\/p>\n
The key to Oseola\u2019s influence was her overwhelmingly selfless and generous act. In a world filled with stories of selfishness and greed, Oseola McCarthy was like a breath of fresh air that inspired her entire nation. Oseola embodied what we all yearn for in our leaders. The world over, people are crying out for leaders who genuinely care about others more than themselves.<\/p>\n
Mahatma Gandhi once published a list of \u2018Seven Deadly Social Sins\u2019 that would destroy society: Wealth without work; Pleasure without conscience; Science without humanity; Knowledge without character; Politics without principle; Commerce without morality; Worship without sacrifice.<\/p>\n
The \u2018sin\u2019 of wealth without work \u2013 the practice of wanting something for nothing \u2013 lies at the heart of the recent Capital Hill Cash-gate Scandal. People want to get rich, and they want to get rich quick. They do not want to pay the price of working for their wealth.<\/p>\n
Wealth is simply a by-product of adding genuine value to others. You get wealth in exchange for meeting other people\u2019s needs and solving other people\u2019s problems. The amount of wealth that you generate is dependent on the value that you add. When you add more value to yourself, by acquiring specialised knowledge and skills, you are able to add more value to others.<\/p>\n
A cotton farmer generates a certain level of income from his cotton; then the manufacturer who converts the cotton into fabric, the vendor who sells kaunjika at the market, the retailer who owns a boutique, and the designer who displays haute couture fashion on the cat walk, all generate varying levels of revenue from the same cotton. If you are not satisfied with the amount of wealth that you are currently generating, you need to increase your capacity to provide value to others.<\/p>\n
Nevertheless, Oseola McCarthy\u2019s example shows us that regardless of what level you are currently at, it is still possible for you to generate wealth. Oseola accumulated wealth on her meagre wages over time because she was disciplined and lived within her means.<\/p>\n
Dr. Thomas J Stanley, author of The Millionaire Next Door, has studied millionaires for over 30 years. He discovered that, \u201cwealthy people live well below their means and they believe that financial independence is more important than displaying high social status\u201d. They live in modest homes, drive less fashionable cars and buy clothing in ordinary stores. Often their neighbours are not even aware that they are living next door to a millionaire.<\/p>\n
Chuck Feeney, founder of Duty Free Shoppers, was once worth over $6 billion but has been giving it all away to charity since 1982. He is now down to $2 million. Feeney does not own a car, flies economy and wears a $15 watch. He put it this way, \u201cNobody can wear two pairs of shoes at one time\u201d.<\/strong><\/p>\n This week\u2019s article was originally published in October 2013, soon after the Capital Hill Cashgate scandal broke in September of that year. Since then, similar dishonesty has become apparent in various government departments with ghost workers and other fraudulent claims coming to light, and K577 billion of government funds unaccounted for between 2009 and December 2014.<\/p>\n The story of a humble cleaning lady who set up a scholarship fund for disadvantaged students is an inspiring reminder that with discipline and determination we can all accumulate substantial financial resources without resorting to fraud, and we can all make a significant impact on the lives of others regardless of our social status.<\/p>\n This was the original article:<\/p>\n Oseola McCarty was a black American woman, born on March 7, 1908. She was raised by her grandmother and her aunt who supported the family by cleaning houses, cooking, and taking in laundry. Oseola dropped out of school in the sixth grade to take care of her sick aunt. She spent the rest of her life as a washerwoman \u2013 hand washing and ironing other people\u2019s clothes.<\/p>\n Oseola McCarty might have died in obscurity had it not been for what became fondly known in her hometown of Hattiesburg, Mississippi, as The Gift. When she was a young girl, Oseola had opened a bank account. She did not tell her grandmother or her aunt anything about it. Her whole life, Oseola practiced the discipline of saving the little piles of coins and one dollar bills that she earned from her job in her account.<\/p>\n When she was finally forced to retire at the age of 87 in 1995 because her hands were painfully swollen with arthritis, Oseola had accumulated $280,000 in the bank. Oseola kept enough money to live on and donated $150,000 to the University of Southern Mississippi to fund scholarships for worthy but needy African American students to get the education she never had. She also gave money to her church and three cousins.<\/p>\n When they found out what she had done, over 600 men and women in Hattiesburg and beyond made donations to the scholarship fund, more than tripling Oseola\u2019s original gift. Even TV mogul Ted Turner, founder of the cable news network CNN, donated a billion dollars to charity after hearing her story. He said, \u201cIf that little woman can give away everything she has, then I can give a billion.\u201d<\/p>\n Before she died on September 26, 1999, Oseola travelled to the White House to receive the Presidential Citizen\u2019s Medal, the second-highest civilian award in the USA, from President Bill Clinton. She was awarded an honorary doctorate from Harvard University, appeared on Oprah, and carried the Olympic torch through part of Mississippi. In total, Oseola received over 300 awards. Unintentionally, the old washerwoman from Mississippi had become a leader.<\/p>\n Leadership is influence. Through her gift, Oseola left an immeasurable legacy of influence over every young person who will benefit from the Oseola McCarty scholarship, as well as the countless lives that those young people in turn will touch. She influenced over 600 people, including a billionaire, to give money that they otherwise might not have given. She moved communities, educational institutions, the media, and even the president.<\/p>\n The key to Oseola\u2019s influence was her overwhelmingly selfless and generous act. In a world filled with stories of selfishness and greed, Oseola McCarthy was like a breath of fresh air that inspired her entire nation. Oseola embodied what we all yearn for in our leaders. The world over, people are crying out for leaders who genuinely care about others more than themselves.<\/p>\n Mahatma Gandhi once published a list of \u2018Seven Deadly Social Sins\u2019 that would destroy society: Wealth without work; Pleasure without conscience; Science without humanity; Knowledge without character; Politics without principle; Commerce without morality; Worship without sacrifice.<\/p>\n The \u2018sin\u2019 of wealth without work \u2013 the practice of wanting something for nothing \u2013 lies at the heart of the recent Capital Hill Cash-gate Scandal. People want to get rich, and they want to get rich quick. They do not want to pay the price of working for their wealth.<\/p>\n Wealth is simply a by-product of adding genuine value to others. You get wealth in exchange for meeting other people\u2019s needs and solving other people\u2019s problems. The amount of wealth that you generate is dependent on the value that you add. When you add more value to yourself, by acquiring specialised knowledge and skills, you are able to add more value to others.<\/p>\n A cotton farmer generates a certain level of income from his cotton; then the manufacturer who converts the cotton into fabric, the vendor who sells kaunjika at the market, the retailer who owns a boutique, and the designer who displays haute couture fashion on the cat walk, all generate varying levels of revenue from the same cotton. If you are not satisfied with the amount of wealth that you are currently generating, you need to increase your capacity to provide value to others.<\/p>\n Nevertheless, Oseola McCarthy\u2019s example shows us that regardless of what level you are currently at, it is still possible for you to generate wealth. Oseola accumulated wealth on her meagre wages over time because she was disciplined and lived within her means.<\/p>\n Dr. Thomas J Stanley, author of The Millionaire Next Door, has studied millionaires for over 30 years. He discovered that, \u201cwealthy people live well below their means and they believe that financial independence is more important than displaying high social status\u201d. They live in modest homes, drive less fashionable cars and buy clothing in ordinary stores. Often their neighbours are not even aware that they are living next door to a millionaire.<\/p>\n Chuck Feeney, founder of Duty Free Shoppers, was once worth over $6 billion but has been giving it all away to charity since 1982. He is now down to $2 million. Feeney does not own a car, flies economy and wears a $15 watch. He put it this way, \u201cNobody can wear two pairs of shoes at one time\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":" This week\u2019s article was originally published in October 2013, soon after the Capital Hill Cashgate scandal broke in September of that year. Since then, similar dishonesty has become apparent in various government departments with ghost workers and other fraudulent claims coming to light, and K577 billion of government funds unaccounted for between 2009 and December […]<\/p>\n","protected":false},"author":3,"featured_media":7073,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7069","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7069","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/comments?post=7069"}],"version-history":[{"count":1,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7069\/revisions"}],"predecessor-version":[{"id":7074,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/posts\/7069\/revisions\/7074"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media\/7073"}],"wp:attachment":[{"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/media?parent=7069"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/categories?post=7069"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.times.mw\/index.php\/wp-json\/wp\/v2\/tags?post=7069"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}