Sidney Thomas of Athens Georgia loved reading; so much so that his home could easily be mistaken for the local library. And why not, he was a retired librarian. In fact, the University of Georgia libraries were the recipients of many second hand books donated by Sidney Thomas over the years. But it was his last donation that left everyone speechless…
After smallivy’s reaction to my last post, I thought I had better go with something more uplifting this week. So how about an elderly gentleman who has donated over $400,000 to local Georgia charities simply by using money he earned from recycling! That’s right, bottles, paper and pennies were used to accumulate wealth that has blessed countless people over the years.
Once again I have to stress that “anyone can accumulate wealth”! Even with an often overlooked source of income like recycling.
Eileen Russell the retired P.E. instructor and field hockey coach at the University of Georgia was a frugal sort. Known for repairing the teams’ hockey sticks to save the university money, Eileen believed in stretching a dollar as far as it could go. She was also quite fond of letting others know that she hadn’t much money herself.
Imagine everyone’s surprise when they learned that Eileen had left her $1.7 million estate to the university! I think the comment below sums up the sentiment:
“UGA officials do not know how she amassed the money — and Jewett remarked that Russell’s salary and retirement package from UGA would not have amounted to such a sum…”
I think I can answer that question. It was through frugality and wise and consistent investing; the hallmarks of a Surprise Millionaire.