Posts Tagged ‘Finances’

Oprah packs a lunch to work every day, say Gayle King and Stedman Graham

Thursday, May 26th, 2011

I just watched a two hour Gayle King show special dedicated to a celebration of Oprah’s exit from the Oprah Winfrey Show. During the show, one of the guests interviewed was Oprah’s long time life partner, Stedman Graham. They reminisced about the Oprah Winfrey Show’s many highs and even higher highs over the past 25 years.

What stood out to me the most was when they laughed about how, right up until her last day of “work”, Oprah packed a lunch. Gayle joked that most people don’t know how frugal Oprah really is. Right there and there, I had an “Aha! Moment”. Wealthy people, like Oprah, don’t get wealthy by frivolously spending their money; they get wealthy by making good financial decisions even with such seemingly trivial things as spending money on lunch everyday instead of just packing a lunch.
Imagine if for 25 years, you took $5 to $10 everyday and put it in a savings account and never touched it. With conservative calculations, that amounts to about $50,000! And that is without calculating interest… Food for thought- right?

I’m really going to miss seeing Oprah every week day at 4pm but what I’ll miss even more is the little “Aha! Moments” such as the one I got today even without her there.

Here is my declaration: Every time I have the thought to buy lunch at work, I’ll take $7 and throw it into my savings account. What’s your declaration? Let me know at [email protected] Here’s to the next 25 years!