Frugalwoods

I’m ruthless about how I use my time and money. They’re both limited resources and how I deploy them dictates the type of life I lead.

Elizabeth Willard Thames, better known as Mrs. Frugalwoods, is the creator of the award-winning personal finance blog, Frugalwoods.com.

At age 32 she reached financial independence and left a successful career in the city 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.

Thames is the author of “Meet The Frugalwoods: Achieving Financial Independence Through Simple Living” (HarperCollins; March 6, 2018). Prior to following her calling as a writer and homesteader, she worked for 10 years in the non-profit sector as a fundraiser and communications manager.

Thames received a BA from the University of Kansas and an MA from American University.

You can follow her on Instagram, Twitter, and Facebook.

watch playing with fire

A documentary about the FIRE movement and one families quest to achieve financial independence and retire early. Available on the following:

Get your copy of the

book

A perfect follow up on the film to dive deeper into the philosophies and "how-tos of the FIRE movement"
Playing the FIRE book image

Reading material

We have assembled the foundational information to get your start on the right foot down the FIRE path to financial independence.

How to Reach Financial Independence

Now that you know what FIRE is and why there is a growing movement of people who are aspiring to reach FIRE — or who have already succeeded — you might start wondering if this is something you could achieve.

Playing with FIRE forward

Playing with FIRE book forward written by Pete Adeney, a.k.a. Mr. Money Mustache

What is the Mega-Backdoor Roth Strategy?

Individuals with high incomes are usually not allowed to use a Roth IRA, but a mega-backdoor Roth conversion strategy is one way for these individuals to contribute up to $39,500 to a Roth IRA, get the tax-free benefits on the growth of these monies, and then withdraw the funds in retirement.