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.

The Importance of Savings Rate in FIRE

Explore the essential role of savings rate in the FIRE movement for achieving financial independence and early retirement. Learn how to balance frugality, investment strategies, and lifestyle to accelerate your journey towards financial freedom.

Trust vs. Living Will: Setting Up Your Estate Plan

Estate Planning is an often overlooked, yet incredibly important step in your path to Financial Independence. Let's dive into the world of Trusts and Wills, and why you need to create one as soon as you can.

Achieving Financial Independence: A Step-by-Step Guide

Explore a step-by-step guide to achieving financial independence. Understand the core principles of the FIRE movement and strategies for early retirement.