The Simple Dollar (25 page)
Authors: Trent Hamm
true hourly wages,
52–53
work hours statistics,
51
The Casual Kitchen
(Koontz),
27
chaining meals together,
99
changes (life)
actions versus words,
214
committing,
232–234
experiences trump things,
226
living like no one else,
231
success from differentiation,
228
trying something different,
227
worrying about what others think,
229–231
Chavis, David M.,
61
cheap versus frugality,
84
children
attribute attacks,
194
educational priorities,
200–201
exceptional experiences,
198–199
family sabbaticals,
199
growth mindset,
193–194
money skills,
190–192
paths to adulthood,
189
praising effort,
194
self-learning,
197–198
self-reliance,
195–196
success, cultivating,
201
unconditional love,
195
undergraduate education,
xv
clubs, joining,
106
cohorts,
118
college savings versus retirement savings,
184–186
Colvin, Geoffrey,
130
communication
interpersonal,
133
long-term financial security planning,
4
communities
benefits,
62
building,
67
defining,
61
distributed,
62
event calendars,
106
finding,
67
generalized reciprocity,
112
giving,
205
connections,
211
financial,
208
getting started,
211
political/social causes,
207
positive attitudes,
208
power,
206–207
professional,
207
talents/knowledge,
209
time,
210
influence,
62
local,
62
membership,
61
online game documenters,
61
outward connections,
67
peer-based,
126
benefits,
127
career success,
135–137
deliberate practice,
130–131
finding,
126
giving,
207
learning/growing/synthesizing,
128
mentorship,
134–135
participating,
126–127
passion,
129–130
power,
127
power,
61
problems,
63
reinforcement,
62
relationships,
66–67
shared emotional connections,
62
social intelligence,
68–69
tragedy of the commons,
63–65
types,
62
concern (social intelligence),
69
connections, giving,
211
consolidating debt,
6
consumer debts,
30
contributing, peer-based communities
career success,
135–137
deliberate practice,
130–131
learning/growing/synthesizing,
128
mentorship,
134–135
passion,
129–130
convenience foods, advance preparation,
98
cooking at home,
95
core values (frugality),
85–87
coworker loyalties,
124–125
creativity,
133
credit cards,
30
Cross, Kristen,
28
crossover points,
159–162
aggressive investments,
160
partial,
159
retirement,
187
saving,
160
snowflaking,
161
cultivating happiness,
19
cutting spending
entertainment,
105–107
essentials,
87–89
fundamental rules of frugality,
107–109
housing costs,
103–104
nonessential,
56
transportation costs,
104–105
Dutility bills,
101–102
Dacyczyn, Amy,
96
debt
consolidating,
6
freedom,
143
interest rate reductions,
5–6
repayment plans
benefits,
12
methods,
7–8
selling unnecessary personal items,
9–10
snowflaking,
11
risks,
2
snowball,
7
source of personal risk,
30
deliberate practice (peer-based communities),
130–131
designing new lives
audacious goals, setting,
148–151
five steps,
151–153
foundation, creating,
142–144
rule breaking,
145–147
distributed communities,
62
Doland, Erin,
219
Dweck, Dr. Carol,
193
educational priorities (children),
200–201
emergency funds
dream life foundation,
143
unexpected negative events,
28
unexpected positive events,
26
empathic accuracy (social intelligence),
68
employee reliability,
xv
enhanced enthusiasm (audacious goals),
149
entertainment costs, minimizing,
105–107
essentials, spending,
87–89
experiences
exceptional (children),
198–199
negative,
16
Ftrumping things,
226
family
sabbaticals,
199
financial giving,
208
financial stability
crossover points,
159–162
aggressive investments,
160
partial,
159
saving,
160
snowflaking,
161
maintaining,
164–165
protecting wealth,
162–163
finding
communities,
67
happiness,
19
mentors,
134
peer-based communities,
126
five steps towards happiness,
19
fixed mindsets,
193
focus,
220
food, frugality,
94–100
convenience food preparation,
98
freezing meals,
98
home cooking,
95
inexpensive recipes,
100
leftovers,
99
meal chaining,
99
meal planning,
96
price lists,
96
soda addictions, breaking,
100
weekly grocery fliers,
97
footprints, reducing,
80
foundation (dream life),
142–144
The Four Hour Work Week
(Ferriss),
151
Franklin, Benjamin,
83
Free Agent Nation
(Pink),
181
freedom from debt,
143
freezing meals,
98
Frost, Maya,
199
frugalists,
78
frugality
cheap, compared,
84
core values,
85–87
defined,
84
dream life foundation,
143
entertainment,
105–107
essentials,
87–89
food,
94–100
convenience food preparation,
98
freezing meals,
98
home cooking,
95
inexpensive recipes,
100
leftovers,
99
meal chaining,
99
meal planning,
96
price lists,
96
soda addictions, breaking,
100
weekly grocery fliers,
97
fundamental rules,
107–109
housing costs,
103–104
peak-end rule,
90
sacrifices,
85
transportation costs,
104–105
utility bills,
101–102
fundamental rules of frugality,
107–109
future self,
55
gap
increasing,
78–79
maintaining,
164–165
managing
crossover points,
159–162
minding,
74–76
wants versus needs,
76–78
generalized reciprocity,
112
Gilbert, Daniel,
17
giving,
205
connections,
211
financial,
208
getting started,
211
political/social causes,
207
positive attitudes,
208
power,
206–207
professional,
207
