Extreme Frugality in a Culture of Excess with Liz Thames – Episode 134

October 28, 2019

Liz Thames, better known as Mrs. Frugalwoods, is the creator of the award-winning personal finance blog, Frugalwoods.com and she’s the author of the book, Meet The Frugalwoods: Achieving Financial Independence Through Simple Living. At age 32, she reached financial independence and left a successful career in Boston to create a more meaningful, purpose-driven life on a 66-acre homestead in the woods of Vermont with her husband and their two young daughters. Liz has been featured on The Today Show, PBS, NPR, in the New York Times and more. We’re excited to hear about the frugal steps she took in order to achieve financial independence, the side benefits of frugality, as well as what her life looks like there on the homestead.

And if you’re looking for ways to cut back to save more, then be sure to check out Liz’s Uber Frugal Month Challenge! Keep in mind that this isn’t they saved just a few bucks every month, this approach is how they launched their savings rate to over 72%!!!

During this episode we enjoyed a Boss Tweed by Old Nation Brewing- which you can find and learn all about on Untappd! And if you enjoyed this episode, be sure to subscribe and give us a quick review in Apple Podcasts or wherever you get your podcasts- we’d love to hear from you.

Best friends out!

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2 comments on “Extreme Frugality in a Culture of Excess with Liz Thames – Episode 134

  1. Avatar gustavo g Oct 28, 2019

    great show like always guys,
    Mrs. Frugalwoods does a great job and answering your questions however at the same time makes you do an inner reflection as to what your values are and how are they aligning with your life.
    keep up the good work and keep drinking that delicious beer

  2. Avatar ELYSE DANNIELLE KRAUSMANN Nov 2, 2019

    Guys, I really your podcast, I listen closely, take notes, even contacted Megan, one of your amazing resources and guest speakers on student debt to help me with my own student debt. Because for someone out there like me, who didn’t grow up with financial guidance, learning the ropes is like a treasure hunt without a treasure map…. Double the challenge. You guys talk and interview the rising Stars of 30 something’s who found financial independence…. it’s mentally exhausting listening to some of the success stories of people my own age who had the privelege and the guidance to be able to do this. They all have great tips and tricks…. But they take circumstances that …are difficult to copy. I cant go back in time and rewind student debt, land a job that allows me to work from home…. I can be as frugal as I can possible be….but on an hourly wage of $15 an hour …. And having lived in a mindset of poverty my whole life, it’s really hard to not listen to the interviews and feel discouraged, like listening to what I could do if I was just in someone else’s shoes…. It really comes down to income inequality and a broken ladder, I’d really like to hear you guys talk about the privelege behind saving money. Because for someone like me, and for alot of us out there, retiring at 30 isn’t an option, and sometimes listening to your podcast feels like ease-dropping on blessed life… Where those opportunities aren’t always available.