Elizabeth Willard Thames Meet the Frugalwoods

Published: March 5, 2018, 7:59 a.m.

Today on the Financial Independence Podcast, I welcome back Liz Thames (a.k.a. Mrs. Frugalwoods)!

Liz was last on the show over two years ago\xa0and a lot has changed.

Since then, she\u2019s made her dream of retiring to a homestead in Vermont a reality, she\u2019s had two babies, and she\u2019s just published a book!

It was great to catch up with her to hear about everything that\u2019s happened over the last couple of years and to find out whether her early retirement dream is actually as good as she hoped it would be.

And since we\u2019ve become good friends since our last interview, it was fun to challenge her on some of her more \u201cborderline\u201d frugal habits and also share my most embarrissing frugal hack :)

Highlights:

  • What\u2019s changed since our last interview
  • Has the Vermont homestead reality lived up to the dream
  • Why you should just start things
  • How to embracing a $0 budget
  • Why you should eliminate everything and then add back the things you enjoy
  • How the Frugalwoods go about buying things
  • My super embarrasing frugal confession
  • How to deal with the long slog to FI after initial period of excitement
  • Why frugality can help build community