The Simple Dollar (28 page)

frugality.
See
frugality

gap

minding the gap,
75–76

wants versus needs,
76–78

impulse purchases,
77

less than earnings,
74–76

lifestyle inflation, avoiding,
156
,
159

nonessential,
56

routines, overvaluing,
91
,
94

Squawkfox website,
28

stability

crossover points,
159–162

aggressive investments,
160

partial,
159

saving,
160

snowflaking,
161

lifestyle inflation, avoiding,
156
,
159

maintaining,
164–165

protecting wealth,
162–163

strength,
16

student exchanges,
198

Stumbling on Happiness
(Gilbert),
17

success

differentiation,
228

relationships, building,
177

communication,
169
,
172

honesty,
173–174

time,
174

support

audacious goals,
149

relationships,
238

synchrony (social intelligence),
69

Taleb, Nassim Nicholas,
25

talents, giving,
209

Taylor, Kerry,
28

teaching children

educational priorities,
200–201

exceptional experiences,
198–199

growth mindset,
193–194

money skills,
190–192

self-learning,
197–198

self-reliance,
195–196

successfulness,
201

unconditional love,
195

Tightwad Gazette
(Dacyczyn),
96

Tilford, Monique,
159

time

giving,
210

pleasurable,
238

relationships,
174

resource,
237

“The Tragedy of the Commons,”
63–65

transferable skills,
43
,
131

transitioning negative relationships to positive,
118–119

transportation costs, cutting,
104–105

trips, planning,
90

true hourly wages,
52–53

trying something different,
227

umbrella insurance,
163

Unclutter Your Life in One Week
(Doland),
219

unconditional love (children),
195

undergraduate education,
xv

unexpected life events

battling

luck, maximizing,
32

reliability,
33–34

emergency funds,
26–28

examples,
23

minimizing,
237

negative,
27–29

personal risk sources,
29–31

positive,
26–27

preparation,
34

random,
25

unexpected rewards,
150

unhappiness

clutter,
89

overcoming,
221

unsupportive relationships,
239

unwinding with mindless tasks,
58

utility bills, cutting,
101–102

vacations, planning,
90

values

frugality,
85–87

routines,
91
,
94

vitality (retirement),
181

wants versus needs,
76–78

Warfield, John,
86

wealth,
17

websites

The Simple Dollar,
xiv

Squawkfox,
28

weekly grocery fliers,
97

wills,
162

work hours statistics,
51

writing goals,
38

Your Money or Your Life
(Dominguez, Robin, Tilford),
52
,
159

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.

¹
Michael Mihalik, Debt Is Slavery. Page 23. ISBN: 9780978545703.

¹
From “Affective Forecasting, or, The Big Wombassa.” Speech by Daniel Gilbert, retrieved in video form on July 23, 2009 from
http://www.edge.org/3rd_culture/gilbert03/gilbert_index.html
.

²
Personal interview.

¹
Nassim Nicholas Taleb, The Black Swan. Pages 43–44. ISBN: 98-1-4000-6351-2.

²
Personal interview.

³
Personal interview.

⁴
Personal interview.

¹
http://www.dominican.edu/academics/artssciences/natbehealth/psych/faculty/fulltime/gailmatthews/researchsummary2.pdf
retrieved on July 22, 2009.

²
Personal interview.

³
Timothy Ferriss, The 4-Hour Workweek. Page 50. ISBN 978-0-307-35313-9.

¹
http://www.bls.gov/news.release/atus.t04.htm
.

²
http://www.workinglife.org/wiki/Wages+and+Benefits%3A+Real+Wages+%281964-2004%29
.

³
Joe Dominguez, Vicki Robin, and Monique Tilford, Your Money or Your Life. Page 56. ISBN: 978-0-14-311576-2.

¹
Adam Smith, The Wealth of Nations.

²
http://onlamp.com/pub/a/onlamp/2007/06/14/why-do-people-write-free-documentation-results-of-a-survey.html
.

³
McMillan, D.W. and D.M. Chavis. “Sense of community: A definition and theory.” Journal of Community Psychology, 14 (1986): 6–23.

⁴
Garrett Hardin, “The Tragedy of the Commons,” Science, Vol. 162, No. 3859 (December 13, 1968), pp. 1243–1248.

⁵
Daniel Goleman,
Social Intelligence
. Page 84. ISBN: 978-0-553-38449-9.

¹
Consumer Expenditures. U.S. Department of Labor. U.S. Bureau of Labor Statistics. April 2009.

²
Personal interview.

¹
Benjamin Franklin, “Poor Richard’s Almanac.”

²
John L. Lastovicka, Lance A. Bettencourt, Renee Shaw Hughner, Ronald J. Kuntze, “Lifestyle of the Tight and Frugal: Theory and Measurement,”
The Journal of Consumer Research
, Vol. 26, No. 1. (June 1999), pp. 85–98.

³
Personal interview.

⁴
Personal interview.

⁵
Kahneman, D. (1999). “Objective Happiness.” In Kahneman, D., Diener, E., and Schwarz, N. (eds.).
Well-Being: The Foundations of Hedonic Psychology
. New York: Russel Sage, pp. 3–25.

⁶
In Defense of Food
, Michael Pollan. Cover. ISBN: 978-1-59420-145-5.

⁷
The average American family spends 34.1% of their income on housing and 17.6% on transportation, according to
Consumer Expenditures
(U.S. Department of Labor, U.S. Bureau of Labor Statistics, April 2009).

¹
Kersey Graves, “The World’s Sixteen Crucified Saviors,” p. 308, published in 1875.

²
Luke 6:31, NIV translation.

³
Robert D. Putnam,
Bowling Alone
, pp. 20–21. ISBN: 0-684-83283-6.

⁴
Personal interview.

¹
GWF Hegel. The Philosophy of History.

²
Geoffrey Colvin. “What it takes to be great.”
Fortune Magazine
. Volume 154, Number 9, October 30, 2006.
http://money.cnn.com/magazines/fortune/fortune_archive/2006/10/30/8391794/index.htm
. (Retrieved September 12, 2009.)

³
Malcolm Gladwell,
Outliers
, pp. 38–47. ISBN: 9780316017923.

¹
Personal interview.

¹
National Vital Statistics Reports, p. 1, Vol. 57, No. 16. “Deaths: Final Deaths for 2006.”
http://www.cdc.gov/nchs/data/nvsr/nvsr57/nvsr57_14.pdf
. Retrieved July 16, 2009.

²
Child Trends Data Bank. “Life Expectancy.”
http://www.childtrendsdatabank.org/indicators/78LifeExpectancy.cfm
. Retrieved July 16, 2009.

³
Daniel Pink, Free Agent Nation. p. 234. ISBN: 9780446678797.

¹
Joline Godfrey,
Raising Financially Fit Kids
, p. 5. ISBN: 9781580085366.

²
Dr. Carol Dweck,
Mindset
, p. 6–7. ISBN: 9780345472328.

³
Dr. Carol Dweck,
Mindset
, p. 176. ISBN: 9780345472328.

⁴
Maya Frost,
The New Global Student
, p. 233. ISBN: 9780307450623.

⁵
U.S. Bureau of Labor Statistics. Occupational Outlook Handbook, 2008-09 Edition. “Pipelayers, Plumbers, Pipefitters, and Steamfitters.”
http://www.bls.gov/oco/ocos211.htm
. (Retrieved October 2, 2009.)