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Home > Business and Economics > Finance and accounting > Finance and the finance industry > Investment and securities > Simple Dollar, The: How One Man Wiped Out His Debts and Achieved the Life of His Dreams
Simple Dollar, The: How One Man Wiped Out His Debts and Achieved the Life of His Dreams

Simple Dollar, The: How One Man Wiped Out His Debts and Achieved the Life of His Dreams


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About the Book

Struggling with debt? Frustrated about work? Just not satisfied with life?   The Simple Dollar can change your life. Trent Hamm found himself drowning in consumer debt, working in a job he couldn’t stand… and figured out how to escape that debt and build the fulfilling career he’d always dreamt about, all at the same time.   Hamm shared his experiences at TheSimpleDollar.com—and built it into one of America’s top personal finance websites. Now, The Simple Dollar is a book: packed with practical tips, tools, and lessons you can use to transform your life, too.   This isn’t just “another” personal finance book: it’s profoundly motivating, empowering, practical, and 100% grounded in today’s American realities. Trent Hamm will show you how to rewrite the rules, creating healthier relationships with money… and with your loved ones, too. With his help, you can get out of debt, start moving forward, and build the strong personal community that offers true happiness—no matter what happens to the economy.   ·        Escape the plastic prison, and stop running to stand still 5 simple steps to eliminate credit card debt… and 5 more to start moving forward   ·        Shift your life’s balance towards more positive, stronger relationships Learn how to put the golden rule to work for you   ·        Discover the power of goals in a random world Then, learn how to overcome inertia, and transform goals into reality   ·        Navigate the treacherous boundaries between love and money Move towards deeper communication, greater honesty, and more courage

Table of Contents:
Introduction    xiii Chapter 1  Prison Made of Plastic    1 Get Everyone on Board    3 Reduce Your Interest Rates    5 A Plan for Debt Repayment    7 Get a Rope    8 Snowflaking    10 Five Steps for Today    12 Chapter 2  What’s Missing? What Do We Really Need?    17 Five Steps Toward Happiness    19 Chapter 3  A Visit from the Black Swan    23 Our Lives Are More Random Than We Think    24 Unprepared for the Good    26 Unprepared for the Bad    27 Sources of Personal Risk    29 Maximizing Luck    32 The Need for Reliability    33 Preparing Yourself    34 Chapter 4  The Power of Goals in a Random World    37 The Changing Value of Long-Term Goals    39 The Power of Self-Reliance    42 The Key: Short-Term Goals    44 Five Steps Toward Your Dreams    46 Chapter 5  Running to Stand Still    49 The Changing Nature of Income    50 Your True Hourly Wage    52 The Things We Sacrifice    53 Your Future Self Isn’t Reliable    54 The Power of Today    55 Five Steps for Breaking Out    56 Chapter 6  With or Without You    59 The Broadening of Community    61 The “Tragedy of the Commons”    63 The Value of a Relationship    65 Social Intelligence    67 Getting Started    70 Chapter 7  Minding the Gap    73 Spending Less Than You Earn    74 Mind the Gap    75 Wants and Needs    76 The Frugalist and the Capitalist    78 Budgeting    79 Five Steps Toward Minding the Gap    80 Chapter 8  Frugality as Framework    83 The Difference Between Frugal and Cheap    84 Frugality as a Framework for Freedom    85 What’s Essential?    87 The Peak-End Rule and Life Experiences    90 Overvaluing Routine Experiences    91 Frugality and Food    94 Trimming Your Utility Bills    101 Housing and Transportation    102 Get Clever with Your Entertainment    105 The Five Fundamental Rules of Frugality    107 Chapter 9  Cultivating People and Opportunities    111 Negative Relationships    112 Positive Relationships    115 From a Negative to a Positive: Cultivating Opportunities    117 Five Ways to Maximize Your Positive Relationships    119 Chapter 10  The New Career Rules    123 Where Is Your Loyalty?    124 A Community of Peers    125 The Power Shift    127 Learning, Growing, and Synthesizing    128 Passion    129 Deliberate Practice    130 Transferable Skills    131 Finding (and Being) a Mentor    134 Five Steps on a Journey of a Thousand Miles    135 Chapter 11  Life Design–Building Something New    139 Building a Solid Foundation    141 The Rules of Your Life    144 Rules Are Made to Be Broken    146 Shoot the Moon    147 Five Steps to Designing a New Life    151 Chapter 12  Managing the Gap    155 Avoiding Lifestyle Inflation    156 The Crossover Point    159 Protecting What You Have    162 Five Methods for Maintaining the Gap    164 Chapter 13  The Personal-Financial Boundary    167 Communication    169 Honesty    172 Time    174 Friends, Family, and Lending Money    175 Five Steps to Getting Your Relationships on Track    177 Chapter 14  Recasting Retirement    179 Retirement Rarely Equates to Idleness    180 What’s Your Next Act?    181 Recasting Retirement Savings    182 Retirement Savings Versus College Savings    184 Revisiting the Crossover Point    186 Five New Steps Toward “Retirement”    187 Chapter 15  The New Path to Adulthood    189 Setting Your Child Apart–Money Lessons    190 Setting Your Child Apart–A Growth Mindset    192 Setting Your Child Apart–Self-Reliance    195 Setting Your Child Apart–Self-Learning    197 Setting Your Child Apart–Unique Experiences    198 Setting Your Child Apart–Educational Priorities    200 Five Little Steps    201 Chapter 16  The Power of Giving    203 Giving Is Part of Participating in a Community    206 Doing It Different    207 Five Ways to Get Started    211 Chapter 17  Holding You Back    213 What We Say Versus What We Do    214 Passive Barriers    215 Clutter    218 Focus    220 Choosing to Be Happy    221 Five Ways to Overcome Your Barriers    222 Chapter 18  Original of the Species    225 Experiences Trump Things    226 Insanity: Doing the Same Thing and Expecting Different Results    227 Success Is About Differentiation    228 Stop Caring What Other People Think    229 “Live Like No One Else So You Can Live Like No One Else”    231 Five Steps for Going Your Own Way    232 Chapter 19  11 O’Clock Tick Tock    235 The Single Most Important Part of Personal Finance Is Truly Knowing Yourself    236 The Second Most Important Part of Personal Finance Is Setting Clear, Concrete Goals    236 The World Is More Random Than You Think It Is    237 The Most Valuable Resource in the World Isn’t Money, It’s Time    237 The More Supportive People You Have in Your Life, the Better Off You Are    238 The Fewer Unsupportive People You Have in Your Life, the Better Off You Are    239 Blaming Others for Your Problems Is a Dead-End Road    239 The More Time You Spend Improving and Educating Yourself, the Better Your Personal and Financial Life Will Be    240 Karma Always Comes Around    241 There Are Very Few Aspects of Your Life That Cannot Be Changed    241 Index    243

About the Author :
Trent Hamm transformed his life, escaping both massive consumer debt and work he couldn’t stand. He began sharing the lessons he learned through his website, The Simple Dollar (www.thesimpledollar.com), which has quickly grown into one of the nation’s most popular personal finance sites, attracting more than 600,000 visitors every month.   He is the author of 365 Ways to Live Cheap: Your Everyday Guide to Saving Money, and writes articles that are regularly syndicated to hundreds of small newspapers and newsletters.


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Product Details
  • ISBN-13: 9780132119641
  • Publisher: Pearson Education (US)
  • Publisher Imprint: Addison Wesley
  • Language: English
  • Sub Title: How One Man Wiped Out His Debts and Achieved the Life of His Dreams
  • ISBN-10: 0132119641
  • Publisher Date: 09 Jun 2010
  • Binding: Digital download
  • No of Pages: 272
  • Weight: 1 gr


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Simple Dollar, The: How One Man Wiped Out His Debts and Achieved the Life of His Dreams
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