How One Man Wiped Out His Debts and Achieved the Life of His Dreams
Slutsåld
As seen in USA Today.
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.
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 Whats 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 Isnt 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
Whats Essential? 87
The Peak-End Rule and Life Experiences 90
Overvaluing Routi...