Meet the Frugalwoods: Achieving Financial Independence Through Simple Living

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HarperCollins, Mar 6, 2018 - Business & Economics - 256 pages

The deeply personal story of why award-winning personal finance blogger Elizabeth Willard Thames abandoned a successful career in the city and embraced extreme frugality in order to create a more meaningful, purpose-driven life and retire to a homestead in the woods at age thirty-two with her husband and daughter.

In 2014, Elizabeth and Nate Thames were conventional 9-5 young urban professionals. But the couple had a dream to become modern-day homesteaders in rural Vermont. Determined to retire as early as possible in order to start living each day—as opposed to wishing time away working for the weekends—they enacted a plan to save an enormous amount of money: well over seventy percent of their joint take home pay. Dubbing themselves the Frugalwoods, Elizabeth began documenting their unconventional frugality and the resulting wholesale lifestyle transformation on their eponymous blog.

In less than three years, Elizabeth and Nate reached their goal. Today, they are financially independent and living out their dream on a sixty-six-acre homestead in the woods of rural Vermont with their young daughter. While frugality makes their lifestyle possible, it’s also what brings them peace and genuine happiness. They don’t stress out about impressing people with their material possessions, buying the latest gadgets, or keeping up with any Joneses. In the process, Elizabeth discovered the self-confidence and liberation that stems from disavowing our culture’s promise that we can buy our way to "the good life." Elizabeth unlocked the freedom of a life no longer beholden to the clarion call to consume ever-more products at ever-higher sums.

Meet the Frugalwoods is the intriguing story of how Elizabeth and Nate realized that the mainstream path wasn’t for them, crafted a lifestyle of sustainable frugality, and reached financial independence at age thirty-two. While not everyone wants to live in the woods, or quit their jobs, many of us want to have more control over our time and money and lead more meaningful, simplified lives. Following their advice, you too can live your best life.

 

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LibraryThing Review

User Review  - LARA335 - LibraryThing

By extreme frugality Elizabeth & her husband Nate, freed themselves from their office jobs in their early 30’s to buy a rural home in 66 acres, to spend their days doing what they want: hiking ... Read full review

LibraryThing Review

User Review  - bemislibrary - LibraryThing

Author Thames puts her creative writing degree to work after her family stripped down their possessions to save enough her to quit their jobs and move from Boston to Vermont. By her own admission ... Read full review

Contents

Introduction
The Tumblers of Adulthood
That One Time We Bought a House
Our First Month of Extreme Frugality
Less Makeup More Confidence
Turns Out Frugality Is About More Than Money
That One Time We Bought a Homestead
The Busiest Four Months of Our Lives
Smoothing Out the Happiness Curve
Copyright

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About the author (2018)

Elizabeth Willard Thames is the personal finance blogger behind the award-winning Frugalwoods.com. At thirty-two she abandoned a successful career in the city and embraced extreme frugality to create a more meaningful, purpose-driven life and retire to a sixty-six-acre homestead in the woods of Vermont with her husband and young daughter. Started in April 2014, Frugalwoods is a respected voice in the personal finance, early retirement, and lifestyle blogging sector and empowers readers to take charge of their finances and create fulfilling lives. Thames holds BAs in political science and creative writing from the University of Kansas and an MA in public administration from American University. Prior to following her calling as a writer and homesteader, she worked for ten years in the nonprofit sector as a fund-raiser and communications manager.

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