Trent Hamm grew up in a household where his family lived from paycheck to paycheck. He learned a lot of financial mistakes from his parents that he carried into adulthood. When he saw that his son’s childhood might be headed in the same direction as his, he decided it was time to make a change.
As he consolidated his debt and built up his savings, he documented the journey. He turned those documents into a book (The Simple Dollar: How One Man Wiped Out His Debts and Achieved the Life of His Dreams) and a website.
TheSimpleDollar.com is a website that gives out free financial advice. Their mission is to provide “financial information on finding the best products and services, saving money, making smart investments, and controlling personal finances.”
Each day, you can find a blog post on the home page regarding topics such as habits that establish good credit, types of retirement plans, and frugal gifts. Click the categories at the top of the page to read about credit cards, investing, banking, education, and insurance.
You can also subscribe to the newsletter to have financial advice sent to your inbox weekly. When you sign up, you can get a free copy of Trent’s eBook.
To set their site apart from others, the contributors do lots of research to find the best and most useful content. They publish guides that detail the differences between insurance companies, tax software, saving accounts and other fiscal resources to help consumers make educated decisions.
So, if your finances aren’t where you’d like them to be, then read some of the advice on this site. It offers a wealth of knowledge from a man who was in your position.