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Meet the Frugalwoods: Achieving Financial Independence Through Simple Living Hardcover – March 6, 2018
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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.
- Print length256 pages
- LanguageEnglish
- PublisherHarper Business
- Publication dateMarch 6, 2018
- Dimensions5.5 x 0.89 x 8.25 inches
- ISBN-100062668137
- ISBN-13978-0062668134
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From the Back Cover
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
In 2014, Liz Thames and her husband, Nate, were conventional young urban professionals working nine-to-five jobs. But the rat race had worn them down, and they dreamed of becoming 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 as much money as they could.
In less than three years, Liz and Nate reached their goal. Today they are financially independent and living out their dream with their young daughters on a sixty-six-acre homestead in the woods of Vermont. In this rural setting, they’ve discovered the deep joy of pursuing their passions, the fulfillment of a vibrant community, and a sense of peace they never expected.
Their frugal methods, as described by Liz Thames in this book, aren’t born of deprivation and hardship, but rather of a conscious decision to joyfully live far below one’s means. Thames believes frugality isn’t about what you’re giving up, but about what you stand to gain through the freedom of a financially secure lifestyle.
Through embracing wholesale frugality, Tha-mes discovered the self-confidence and liberation that stem from disavowing our culture’s promise that we can buy our way to “the good life.” She unlocked the freedom of a life no longer beholden to the clarion call to consume ever more.
Meet the Frugalwoods is the inspiring story of how Liz and Nate realized that the main-stream path wasn’t for them, crafted a lifestyle of sustainable frugality, and reached financial independence. 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 our money, and to lead more meaningful, fulfilling lives. By following Thames’ advice, you too can live your best life.
About the Author
Product details
- Publisher : Harper Business (March 6, 2018)
- Language : English
- Hardcover : 256 pages
- ISBN-10 : 0062668137
- ISBN-13 : 978-0062668134
- Item Weight : 12.8 ounces
- Dimensions : 5.5 x 0.89 x 8.25 inches
- Best Sellers Rank: #772,422 in Books (See Top 100 in Books)
- #952 in Retirement Planning (Books)
- #1,965 in Budgeting & Money Management (Books)
- #7,646 in Happiness Self-Help
- Customer Reviews:
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Customers find the book enjoyable, inspiring, and informative. They also appreciate the practical, useful information and detail. Readers describe the book as well-written, charming, and a great way to simplify your life. They love the humorous anecdotes and autobiographical details that make it thought-provoking. They appreciate the storytelling style as unassuming and frugal.
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Customers find the book enjoyable, captivating, and motivational. They also say the book is an engaging story of a couple who escaped the rat race. Readers describe the author as relatable, passionate, and kind. They mention the book provides low cost entertainment and is informative as other financial guides.
"...Her stories were thought-provoking, her writing was witty and captivating, and I’m grateful that she shared her journey and her perspectives...." Read more
"...I found her stories funny and enduring and it was an easy, fun read...." Read more
"...Overall, this was a great read full of inspiration and wisdom and some tools and tips on how to achieve financial independence and retire early if..." Read more
"...What the author has to say on this is insightful and engaging...." Read more
Customers find the book inspiring, informative, and wise. They appreciate the use of personal anecdotes to develop both specific and general themes. They also say the book offers practical and useful information, and shows the surprising variety of benefits that come when you embrace simplicity.
"...Her stories were thought-provoking, her writing was witty and captivating, and I’m grateful that she shared her journey and her perspectives...." Read more
"...say, I read this book within a week (less than that really) and found it inspiring...." Read more
"...Overall, this was a great read full of inspiration and wisdom and some tools and tips on how to achieve financial independence and retire early if..." Read more
"...What the author has to say on this is insightful and engaging...." Read more
Customers find the book well-written, charming, and easy to understand. They also say it's a quick read.
"...Her stories were thought-provoking, her writing was witty and captivating, and I’m grateful that she shared her journey and her perspectives...." Read more
"...I found her stories funny and enduring and it was an easy, fun read...." Read more
"...This book was a quick and easy read for the most part...." Read more
"...I like her writing style a lot, and several passages made me laugh out loud, as does the blog on occasion...." Read more
Customers find the humor in the book humorous, witty, and thought-provoking. They also appreciate the author's solid and consistent personal values.
"...I found her stories funny and enduring and it was an easy, fun read...." Read more
"...And of course, there is her writing: pithy, smart, and full of self-depreciating humor..." Read more
"...a full life and embracing simplicity make this a wonderful, thought-provoking read...." Read more
"...but her reasoning behind her philosophy is very thought provoking. Exactly why DO I need all this stuff in my life?..." Read more
Customers find the storytelling style refreshing, relatable, and kind. They also say the book has mass appeal, and that the author's methods are realistic. Readers also say it's an insightful look at the young family and the path they're on.
"...many cannot accomplish what they did in such a short time, her methods are realistic...." Read more
"...frugality as a tool to get there, but in the most joyful and non-deprivating way...." Read more
"...Excellent tips for saving, living a full life and embracing simplicity make this a wonderful, thought-provoking read...." Read more
"...Also her story drips with privilege. She bends over backwards to acknowledge this...." Read more
Customers find the writing style eloquent, honest, and raw. They also say the book is a raw and authentic account of how you can change your life.
"...a dry subject, frugal living and saving money, into a colorfully written tale that both kept me engaged and provided guidelines for a frugal..." Read more
"...This is an entertaining memoir of two upwardly mobile young people who obtained early financial independence through focused effort...." Read more
"...independence, I loved the humorous anecdotes and autobiographical details presented in the book...." Read more
"...First, the author is a bit dishonest in this idea that if you just cut our extraneous costs, like haircuts and eating out once a week, you can..." Read more
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First, when they said “[the Frugalwoods had] determined to retire as early as possible in order to start living each day,” that’s not really true by traditional standards. Mr. Frugalwoods is a successful software engineer, and Mrs. Frugalwoods is a now-published writer! Had the wording been something along the lines of “determined to achieve their homestead dreams and escape the corporate rat race,” it would have been a more understandable and relatable explanation of their situation. Financial independence doesn’t mean you need to retire, and in fact the freedom may open more doors to do even more work that you are passionate about. That’s what the book’s focus really is. When you wake up every day knowing today will be a good day, and when you are no longer living for the weekends or riding the endless consumer merry-go-round, that’s the secret to real and lasting happiness.
Second, there wasn’t much in the way of actionable advice in the story. Instead, it really was a memoir about their journey and how Mrs. Frugalwoods came to understand that there’s so much more to life than perfection and fulfilling society’s expectations. She walked us through her career, her successes and her failures, and her family life. The advice in the book was sporadic and short, and all things she has obviously mentioned before on her blog (and you’d have to read the blog for actual details to the methods). That was fine with me, because I would have been extremely disappointed had the book simply been recycled blog posts. I feel like I now know Liz personally, and I can better appreciate their trek from city life to the woods. Her stories were thought-provoking, her writing was witty and captivating, and I’m grateful that she shared her journey and her perspectives.
Huge kudos to Mrs. Frugalwoods (in both her book and through her website) for always encouraging everyone to solve problems with DIY and brain power instead of money, focus on the value of time, cut waste in both areas, and use money as a tool and a means rather than an end. Life and financial independence are both about more than just money. Sitting on a pile of money and stuff won’t provide lasting fulfillment. It’s all about how you manage your resources, how you spend your days, and how you give back to the rest of the world.
My only issue with the book was with the privilege statements. It's cool that it was said, but it was repetitive. I feel like if you put that in to the foreword, we don't need to continually beat it down with every other chapter. It got old. I got it. But other than that, I would recommend this book to kind of give someone that inspiration to take your savings/frugality to the next step.
I really liked the fact that she clearly puts it out there in the beginning of the book that she and her husband are privileged in many ways and that has greatly helped them be able to get to where they are now. However, there are things that just about anyone and everyone can do to be more frugal and save money. This book was a quick and easy read for the most part. There were a couple of words in the book that I had to look up to see what exactly they meant, so it could've been written using more common words for the everyday person who probably hasn't heard or doesn't know the meaning to a few of the words in the book.
Overall, this was a great read full of inspiration and wisdom and some tools and tips on how to achieve financial independence and retire early if you would like to. The Frugalwoods have definitely inspired me and made me realize that through frugality and simple living I might be able to gain financial independence and be able to retire early one day. I've already been a frugal person most of my life but I could do much more to reach my goals earlier by spending less and saving more. If nothing else frugal and simple living and saving your money allow you to have choices and the older I get the more I realize that I want to be able to choose how I spend my time. I don't have the exact same goal they had but can definitely apply the same principles to achieve my goals and I think that's the main thing the author is saying. I highly recommend this book!
Favorite Quotes:
"We view money as a tool to be spent on things we need and that we value highly. Money doesn't bring us happiness, but it has granted us the financial freedom to construct a life we love."
"Perhaps most significant during this year of revelations was our recognition that frugality gave us options."
"You could quit your job and travel the world, you could explore your passion for woodworking, you could volunteer full time at an animal shelter."
"Frugality constructs a buffer between you and the unforeseen, yet entirely predictable, disasters of life."
"The more you earn, the more you can save and the quicker you can reach financial independence. That's not to say that it can't be done on lower salaries or with fewer built-in privileges, merely that the road was easier for Nate and me. Despite this, I don't want you to feel discouraged if your circumstances are different from mine, because there are gains to be had anywhere along the spectrum of frugality."
"It's true that Nate and I don't buy Christmas, birthday, or anniversary gifts for each other. But it's equally true that we don't need to. We've smoothed out the happiness curve of our lives. Rather than living for vacations or weekends, we've created a life that delivers ongoing happiness on a daily basis."
"While I'm pretty sure the phrase "extreme frugality" sounds like a penance, it's actually the exact opposite. It's a deliverance. Nate and I consider our lives to be luxurious: we live where we want, as we want, on our own terms, and we're not beholden to anyone else. If that's not luxury, I don't know what is."
"Frugality opened my mind up to what I can do with my life, as opposed to what I can buy."
Top reviews from other countries
May I suggest doing a course such as The Great Courses or some course on teachable where you explain the political basis for frugality in detail? I think some readers, like myself, are positively overwhelmed by the number of arguments made on freedom and frugality. It is the deepest book I have found on the subject without being academic.
I strongly urge people to give this a go: Liz Willard-Thames is telling her story, her learned lessons, but there is so much here to challenge and inspire our ridiculous over-consumption of the earth's resources, in pursuit of unfulfilling lives measured by consumer "stuff".








