Saturday, February 4, 2012

Lorry I. Lokey has been giving millions of dollars to Universities, elementary and secondary schools all over the country. After reading her biography on her giving and sharing process, I wondered where she got all of this money? As I reread her story once again I realized that it isn't where or how someone get's their money, it's what they do with it. When Lorry was a young girl living through the depression, she told us in her story that she learned various lessons from her mother, which lead her to donating millions of dollars to different institutions. She used a great example of a loaf of bread, which cost 9 cents, but one twice as large cost 11 cents, only a few cents or dollars more can make a huge difference. Lorry flies in coach, drives a hybrid car and only spends money on the necessities. She had flown first class, but only when her credit points allowed her to do so. Many people today don't realize how easy it is to save their money, there are many different ways to not over pay for an item, its all about the strategy. You need to know how much an item is worth, and then not overpay for it. In her story she said that she realized one day that "success is not making a million a month or a year. It’s earning enough to live comfortably and being able to finance children’s education." Mrs.Lokey did a good job with saving her money and spending it on things that were worth her while, like charities or schools. After noticing that a persons education is the determinant of their future, she knew that she needed to do something to give other students the access and the opportunities she had while in college. In the story, she shared several different examples of where she has given her money and how much she has given, which is absolutely amazing. One example of her changing a campus entirely was donating $134 Million to the University of Oregon. I think she is an incredible woman and her early knowledge of sharing has really paid off. Today, others should take her example of not being selfish and giving more than recieving. People really need to realize that they should only pay for there necessities and then give to those who are less fortunate, or to donate to institutions that need the money to help shape the future generations.

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