Podcast appearances and mentions of liz thames

We are now in April, and I only have seven more months left of new episodes for Martinis and Your Money. As sad as I am to say goodbye to this podcast, I'm equally excited about the final season of episodes I'm delivering to you every Friday. Each month of this final year is broken down by subjects that are important for anyone's financial health journey, and I'm bringing to you the best guests around each of these subject matters but also sharing with you the best tips and practices I've learned in the last 15+ years.   April is a short month as far as Fridays are concerned, and it's also my birthday month, so I decided to talk about a subject that I personally used to hate but now I love, and that's budgeting and frugality. Joining me today is who I consider to be my OG Queen of Frugality, and that is long-time Martinis and Your Money friend, guest, and Happy Hour Co-Host, Liz Thames, aka Mrs. Frugalwoods. Liz joins me today to talk about why we both love the frugal approach and the crazy expensive purchase she recently made, and she shares her best tips and suggestions for someone new to a frugal journey.   For more information, visit the show notes:https://www.martinisandyourmoney.com/show-notes/episode526-frugalwoods

Today my guest is Liz Thames who is better known as Mrs Frugalwoods. Liz is a mother of two who lives with her husband Nate on a 66-acre homestead in rural central Vermont USA. She's the author of the popular FIRE book called “Meet the Frugalwoods: Achieving Financial Independence Through Simple Living”.Some of the topics we cover in today's episode are:Liz's motivation behind writing a memoir-styled book (00:02:44)How to transition from saving to living off your investments (00:07:39)What does FIRE mean to Liz? (00:11:36)How Liz and Nate achieved financial independence (00:15:37)What does the Frugalwoods investment portfolio look like? (00:31:03)Financial privilege. Can everyone achieve FIRE or is it only possible for a lucky few? (00:41:35)How FIRE helps when raising two young girls (00:47:19)Tips for buying a home (00:55:47)LinksWebsite - FrugalwoodsBook - Meet the Frugalwoods: Achieving Financial Independence Through Simple LivingFinancial consultation services with Liz Thameswww.aussiefirebug.com/podcast/

In this episode, we talk with Liz Thames better known as Mrs. Frugalwoods. Liz is the blogger behind the blog and social media account Frugalwoods. She lives in rural Vermont on 60 acres with her husband and two girls. The family is soaking up the homestead lifestyle and frugality. We talk about what their homestead lifestyle is like and how it has positively impacted the children’s development. Their days are spent wandering in the woods, processing food in the kitchen, working in the garden, and spending time on computers for work. Liz’s book Meet the Frugalwoods shares her story on the journey to financial independence. She shares some tips on how people can begin their journey to financial freedom. If you love the outdoors and are on a financial independence journey (or want to be), this episode is for you! Website: https://www.frugalwoods.com Meet the Frugalwoods: https://amzn.to/3oU1Kvz ---- Hiking Thru Life gear: hikingthrulife.net/shop Ways to support Hiking Thru Life: hikingthrulife.net/support Be a guest on the podcast: hikingthrulife.net/podcast Email: hikingthrulife@gmail.com ---- *Disclaimer*: This episode contains affiliate links in which we earn a small commission at no cost to you for qualifying sales. --- Support this podcast: https://anchor.fm/hiking-thru-life/support

#048: In today’s episode, I’m talking with Liz Thames who is the creator of the award-winning personal finance blog, Frugalwoods, and author of the book Meet The Frugalwoods: Achieving Financial Independence Through Simple Living. At just 32 years old, Liz reached financial independence and left her successful career in Boston to live a more purpose-driven life on a 66-acre homestead in the woods of Vermont. We’re talking about what financial freedom means to Liz, her journey from non-profit fundraiser to homesteader, and how her life changed as she pursued and achieved FIRE. (06:16) What financial independence means for Liz and her family (15:16) How Liz and her husband developed a plan to reach financial independence together (19:33) How she was able to balance her spending and curb the urges to spend money with their friends while on the journey to financial independence (28:48) Where you can start today to identify what you want and what makes you happy in order to align your spending with your goals (38:24) Advice from Liz if you’re wanting to embrace extreme frugality and stick to what really matters to you (48:49) Chelsea’s Top Takeaways  Looking for more information, mama? Visit the show notes at https://www.smartmoneymamas.com/liz Family Money Values Template: https://smartmoneymamas.com/family-money-values-template/ Thank you to our partner, Policygenius, for helping make this episode possible. Get multiple quotes for high-quality life, homeowners, or disability insurance and find the best rates for your family at https://policygenius.com/smartmoneymamas 

There are many ways and strategies out there that purport to be the path to financial independence, but one truly stands out as a guaranteed path to successfully attaining that independence – frugal living. Despite misconceptions about what that means, frugal living is not about living destitute, but about making wise decisions as they pertain to the life you're living. Liz Thames, better known as Mrs. Frugalwoods, is the creator of the award-winning personal finance blog, Frugalwoods.com. She sits down with Lee and Kat Hughes to talk about the viability of frugal living as a roadmap to financial independence. Is this a lifestyle change you're willing to make to attain true financial independence?

Sponsors:Current: A mobile bank with an awesome user interface, no overdraft fees and no minimum balance requirements. If you’re looking for another bank account to hold your emergency fund or something big you’re saving for, try Current because we’re giving $10 to the first 10 people who sign up using our promo code FRUGALFRIENDS for each episode. Reruns: here to remind us of the days when we couldn’t actually choose what we watched. Before the days of netflix and hulu there was “basic cable” - come come, gather round the fire while I tell you about ancient days when a television (these were like phones, tablets, and laptops only with large protrusions off the back filled with stuff that can never be thrown away)...a television... had access to approximately 3 ‘channels’ with 1 show playing non-stop. The likelihood of seeing the same episode of the same show more than once was 2,000%. Oh it was fun and it was awful all at once, but we didn’t know any different - we called them reruns - and we ate our hot dogs and mac and cheese in blissful ignorance while the 5th airing of Family Matters ‘good cop, bad cop’ episode played. Reruns - it’s what’s about to happen to you, so grab a hot dog and settle in.Notable Notes:1: 4 Pillars - Categories to anticipate with Frugal Friends podcast episodesClothing/ShoppingBills/UtilitiesTransportationHousingWhat the internet has to say2: Frugalwoods ArticleMrs. Frugalwoods (a.k.a. Liz Thames) identifies 19 reasons why frugality is the best - and the frugal friends agree!What Jen and Jill have to say:Frugality helps you identify your true prioritiesFrugality builds communityFrugality means you'll never be boredFrugality leads to gratitude and joy3: Millennial Money ArticleGrant went from a frugal guy who amassed $1M to flippantly spending over $200K in one year. In short; the spending didn’t make him feel better.What Jen and Jill have to say:Frugality is about spending wiselyFrugality is about the journey, not the destinationIt is never too late to 'course correct'4: BILL OF THE WEEK Introduction of the most anticipated, interactive segment!Leave us a voicemail with your BILL OF THE WEEK at frugalfriendspodcast.com/bill5: Tenets of Frugality The Law of Diminishing Returns (i.e. at some point you're wasting your time)Frugality allows you to discover what you truly value ( i.e. if frugality keeps you from what you love it’s cheapness)Frugality is good for the environment (i.e. you can’t buy your way to green)Frugality refines your taste and style (i.e. you can have better things when you buy used and you’ll eventually stop buying those souvenir t-shirts you’ll never wear)Frugality allows you more time to increase your income (i.e. the best way to not spend money is to spend time making it!)Frugality will not make you rich (i.e. sorry, not sorry)Wrap-Up:Thanks so much for listening! Keep leaving us reviews on iTunes or Stitcher, and sending the screenshot to frugalfriendspodcast@gmail.com. AND share our most recent episode on social for a chance to win a $10 Amazon gift card!Thanks for listening! See you next week!

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. 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! Learn more about your ad-choices at https://news.iheart.com/podcast-advertisers

Today's guest at the House of FI is Liz Thames, also known to most as Mrs. Frugalwoods. In this conversation we talk about frugality, sustainability, smart money moves for kids in college, and well as a moment of bonding for Curt and Liz over their mutual hatred of dirt.  LIZ GROWING UP Like so many of us, money was not discussed in Liz's home growing up.  Even so, she was able to learn from her parent's frugality. She grew to appreciate that something does not have to be new to experience both its utility and ability to bring you joy.  She admits that when she and her husband first began pursuing their dream of leaving the city and purchasing a home-stead they did not know much about finances beyond a savings account.  The first financial book she purchased was Personal Finance for Dummies.   A JOYFUL FRUGAL-FAIL Recently Liz, the despiser of dirt, purchased a $260 Roomba.  She explains the decision-making process for the purchase and how the purchase brings her joy. She also explains that she believes it is important to spend on the things that matter - while always asking if there is a long-term benefit.  She advises to always be mindful of the following:  1. knowing where you need to be in the long term 2. knowing what you need to do with your money to get there  3. calibrate all your purchases against that long-term goal   FINANCIAL INDEPENDENCE IS FOR EVERYONE One of the points Liz has made ongoing efforts to acknowledge is that she did not have some of the hurdles others may have had due to some of the privileges she enjoyed growing up. However, Liz also believes, that financial independence is for everyone.  You can review some of the case studies on her site where she offers advice to people of diverse backgrounds and circumstances to help them on the financial independence journey.  LIVING A LIFE OF ONGOING LEARNING  Liz and her husband purchased their homestead and decided to approach their life from a viewpoint of learning.  Since moving out into the country they have learned many new skills via building and discovering.  Wild fun things, like making maple syrup with maple sap found on their property.  She cautions - that DIY does not always mean less expensive both in time and dollars.  Another fun DIY project Liz's husband tackled was a "fizzy water" machine by attaching a tank to a soda-stream machine.  You can see how he did that here.   LIZ ON THE FINAL QUESTIONS:   Liz's Life Hacks:  1. Her Roomba! Of course.  2. But also the Seltzer Water   LIZ'S FAVORITE READS 1. The Simple Path to Wealth - J.L. Collins 2. Becoming - Michelle Obama 3. Simplicity Parenting - Kim John Payne WHERE CAN YOU FIND LIZ:  Would you like to know more about Liz and the life she and her husband have created for themselves?  You can get her book, Meet the Frugalwoods.  She can also be found on the website-  frugalwoods.com As well as all social media under the same name as well.     

Elizabeth Thames, “Mrs. Frugalwoods” When you hear the word “frugal” do you actually hear the word “cheap”? According to Liz Thames, frugality gets a bad rap in our culture. Listen to Kathleen’s interview with Liz Thames, aka “Mrs. Frugalwoods” about how being frugal can actually bring you joy and many positive benefits. And, how she practices what she preaches. Key Take Aways: Frugality is not deprivation. Frugality gives you an opportunity to save where you might not have been able to save before. You can start it today by choosing to spend less and see how empowering it can be. Practice joyful frugality. Spend money on what matters most to you. You don’t need to eliminate every single expense and live a deprived, miserly existence. Instead, frugality means challenging yourself to think about every dollar you spend by pondering questions such as “Is this something that brings me lasting happiness?” “Am I getting a really good return on this investment?” and “Does this expense bring meaning to my life or is it essentially wasted money?” Money can be a natural part of your kids’ upbringing. Talk to your kids as much as possible about money. Educate them about what things cost, why you buying or not buying something, and how to tap into needs versus wants. Special Announcement: The Uber Frugal Month Group Challenge starts July 1, 2018. This is a free, 31-day group challenge to revamp your finances. For more information, click here. Elizabeth Willard Thames is the personal finance blogger behind the award-winning Frugalwoods.com. She is the author of the book, Meet the Frugalwoods: Achieving Financial Independence Through Simple Living published in 2017 that tells the story of how at thirty-two years of age, she abandoned a successful career in the city and embraced extreme frugality to create a more meaningful, purpose-driven life and retire to a sixty-six-acre homestead in the woods of Vermont with her husband and young daughter.  

When Liz Thames and her husband adopted their dog Gracie they went on a spending bender buying up countless toys and treats for their new baby. Instead, their precious pet taught them a lesson in values that helped shape the parents and family they became.  For more information, visit the show notes at http://www.bobbirebell.com/podcast/lizthames

Notable Notes: 1: 4 Pillars - Categories to anticipate with Frugal Friends podcast episodes Clothing/Shopping Bills/Utilities Transportation Housing What the internet has to say 2: Frugalwoods Article Mrs. Frugalwoods (a.k.a. Liz Thames) identifies 19 reasons why frugality is the best - and the frugal friends agree! What Jen and Jill have to say: Frugality helps you identify your true priorities Frugality builds community Frugality means you'll never be bored Frugality leads to gratitude and joy 3: Millennial Money Article Grant went from a frugal guy who amassed $1M to flippantly spending over $200K in one year. In short; the spending didn’t make him feel better. What Jen and Jill have to say: Frugality is about spending wisely Frugality is about the journey, not the destination It is never too late to 'course correct' 4: BILL OF THE WEEK  Introduction of the most anticipated, interactive segment! Leave us a voicemail with your BILL OF THE WEEK at: 570-995-1540 5: Tenets of Frugality  The Law of Diminishing Returns (i.e. at some point you're wasting your time) Frugality allows you to discover what you truly value ( i.e. if frugality keeps you from what you love it’s cheapness) Frugality is good for the environment (i.e. you can’t buy your way to green)  Frugality refines your taste and style (i.e. you can have better things when you buy used and you’ll eventually stop buying those souvenir t-shirts you’ll never wear) Frugality allows you more time to increase your income (i.e. the best way to not spend money is to spend time making it!) Frugality will not make you rich (i.e. sorry, not sorry) #frugalnotcheap

#121: After Liz Thames graduated from college, she couldn't find a job. "Nowhere would hire me," Thames says. "I had what I thought was this nice resume, and I sent out over 50 applications. Nowhere called me back." She took a temporary job at a document-scanning agency, then joined Americorps to serve as a full-time volunteer in a low-income neighborhood in Brooklyn. She lived on a stipend of $10,000 annually, plus food stamps and a transit pass. She saved $2,000 from her $10,000 stipend, while paying rent in New York. To say that Thames is a natural saver is an understatement. Her frugality stayed intact throughout her twenties. She got married, earned a free masters degree and advanced into higher-paying roles. But she and her husband, who was equally frugal, continued saving as much as possible -- at times pushing their savings rate to as high as 70 percent of their income. When they were 30, they decided to shoot for financial independence. They shared a dream of moving to a rural farm, where they could raise children and spend everyday outdoors. By age 32, they achieved financial independence. Their investment portfolio is robust enough that they could draw down, in perpetuity, for the rest of their lives. They rented out their home in Cambridge, quit their office jobs, and moved to a 66-acre farm in Vermont. These days, they live on a combination of their rental income and 'side hustle' income from their blog, Frugalwoods. They have two children. Today, Liz joins me on the Afford Anything podcast to share the story of how she and her husband achieved financial independence by age 32. Resources Mentioned: Book: Meet the Frugalwoods Website: Frugalwoods.com   For more information, visit the show notes at http://affordanything.com/episode121

Liz "Mrs. Frugalwoods" just fulfilled a life long dream to write a book – Meet the Frugalwoods: Achieving Financial Independence Through Simple Living. She joins me today to talk about the book writing process, why this was an important step for her and more about life on the homestead.   Notes for this show as well as links to my guest's sites can be found on my blog, http://financially-blonde.com. Also, if you have any topics you would like for us to talk about during happy hour, please feel free to email me to shannon@finblonde.com or tweet to me @Blonde_Finance or join the private Martinis and Your Money Facebook group and let us know.    Until next time, take care!!

When it comes to saving, frugality is so more than just a habit, it’s a lifestyle choice. Liz Thames, affectionately known as Mrs. Frugalwoods, allowed a frugal lifestyle to help fuel her family toward Financial Independence and a simpler lifestyle in the woods of Vermont. Retired at 32, Liz and her husband made it a priority to make tough decisions on spending in order to save 70-80% of their income. She shares much of her wisdom on her blog, Frugalwoods, and we are delighted to have her be a part of this show. Their new book, Meet the Frugalwoods: Achieving Financial Independence Through Frugal Living Book is set for release and readers that pre-order by March 13, 2018, will receive a signed bookplate! Details are listed in the links below. (Also, YNAB, my favorite budgeting app is giving Journeyers a 2-month free trial, no credit card required to try their amazing budgeting system, check it out here!) In this episode, we talk about: How frugality can simplify your life and catapult your savings goals How important it is to consider what makes you happy in making savings/retirement plans The simple formula for achieving financial independence How to cut your expenses to achieve the lifestyle you desire The significance of understanding the opportunity cost of the money that you are spending. The importance of remaining mentally connected to your financial goals How finding meaningful hobbies can help to keep you focused during the wait of finding financial independence Other related blog posts/links mentioned in this episode: Frugalwoods' Uber Frugal Month Challenge Frugalwoods' Uber Frugal Month Challenge Meet the Frugalwoods: Achieving Financial Independence Through Frugal Living Book Pre-order and Signed Bookplate How We Saved $169,000 in 2 Years With the Help of This Budgeting System Join The Weekly Newsletter List Leave me a voicemail– Leave me a question on the Journey To Launch voicemail and have it answered on the podcast! Watch me on News12  Watch my latest segments on News12 My One on One Money Coaching Services – Get my personalized 1on1 money coaching expertise to help you reach your financial goals YNAB –  Start managing your money and budgeting so that you can reach your financial dreams. Sign up for a free 2 month trial of YNAB, my go-to budgeting app by using my referral link. Connect with The Frugalwoods on: Twitter Facebook Instagram Frugalwoods.com Connect with me: Journey To Launch Instagram Journey To Launch Twitter Journey To Launch Facebook Page Join the private Facebook Group

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 and a lot has changed. Since then, she’s made her dream of retiring to a homestead in Vermont a reality, she’s had two babies, and she’s just published a book! It was great to catch up with her to hear about everything that’s 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’ve become good friends since our last interview, it was fun to challenge her on some of her more “borderline” frugal habits and also share my most embarrissing frugal hack :) Highlights: What’s 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

In March, 2014, Liz and her husband made the conscious decision to stop their big city, big spending lifestyle, and adopt a frugal mindset in order to realize their new goal of moving out of the hustle and bustle and into the woods. Their 180 turn took them from dinners out every night to 66 acres in the woods of Vermont, where they happily raise their daughters and live the life they want - with no stress, no financial strains and ultimate financial freedom in just over two years, by May 2016. This is a must-listen episode for anyone curious about what it takes to make this lifestyle  change. Links from the Show BiggerPockets Forums Americorps How To: Cheap Homemade Seltzer with a Modified Sodastream (Article) Frugality Is A Compounding Game (Article) Your Last Chance To Join The Uber Frugal Month Challenge And Revolutionize Your Finances Mad Fientist Check the full show notes here.

Today, I’m excited to welcome back a former So Money guest, Liz Thames, also known as Mrs. Frugalwoods. I always love having former guests back on the show so we can catch up and share what they’ve been up to. I introduced you to Mrs. Frugalwoods, the blogger behind frugalwoods.com, way back in episode 239 when she was pursuing retirement, hoping to achieve financial independence by 33 years-old. She did it! She’s 33 years-old now and has officially reached that goal. She and her husband, now parents to a 2-year-old with another baby on the way, have left their day jobs and have more or less “retired.” They’ve moved away from city life to a beautiful homestead in Vermont that’s nestled on 66 acres of woods. She no longer anonymous. Liz is out and about, now that she’s achieved financial independence with her husband. In fact she’s written a tell-all called Meet The Frugalwoods: Achieving Financial Independence Through Simple Living, which is due out on March 6. We discuss how she and her husband are sticking to their frugal ways as parents, the financial benefits of living in the woods and where she sees herself in her 50’s and 60’s. What has she got planned for the next 3 decades and will her savings last? For more about Liz Thames aka Mrs. Frugalwoods, visit www.frugalwoods.com. She is on Twitter @Frugalwoods. To learn more visit www.somoneypodcast.com.

Let’s de-escalate the privilege discussion, shall we? It’s so important to acknowledge privilege, but not to wield it as a weapon. On this episode, Kara and Tanja dig into privilege – what it is, why it’s so important to talk about especially when the subject is money, and how we can talk about it without picking fights. Our guests are Liz Thames, writer of the Frugalwoods blog and the forthcoming book Meet the Frugalwoods, and Oliver Griswold, who tweets like a maniac at @originalgriz. And, we maybe talk about the royals, patriarchy, and why some American mixed-race blood is just what those stuffy old Brits need. (Tanja hearts Meghan Markle.) Great stuff here, y’all! Season 1 of The Fairer Cents is sponsored by FreshBooks, the cloud accounting software that's changing the world for freelancers and small business owners everywhere. Go to www.freshbooks.com/tfc and enter "the fairer cents" in the how did you hear about us section to get your free one-month trail of FreshBooks.

Order Your Copy of Minimalist Moms: Living & Parenting with Simplicity ( https://www.amazon.com/Minimalist-Moms-Living-Parenting-Simplicity/dp/1642505099 ) ---- I’m excited to bring you my conversation with Liz Thames (aka Mrs. Frugalwoods) on today’s episode. For those of you unfamiliar with Liz, she is the author of, Meet the Frugalwoods, the intriguing story of how she and her husband 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. Today we’ll discuss the motivation to leave the city to pursue homesteading, sacrifices she made to live differently, her best tips to live frugally and more! Show Notes for EP169: Achieving Financial Independence Through Simple Living ( http://www.minimalistmomspodcast.com/ep169-achieving-financial-independence-through-simple-living-with-liz-frugalwoods ) *Enjoy this Podcast?* Learning how you can get rid of clutter and live an intentional and purposeful life has never been this simple. If you enjoyed today’s episode of the Minimalist Moms Podcast, then hit subscribe and share it with your friends! *Post a review and share it!* If you enjoyed tuning into this podcast, then do not hesitate to write a review. You can also share this with your fellow mothers so that they can be inspired to think more and do with less. *Questions?* You can contact me through my website ( http://www.minimalistmomspodcast.com/ ) , find me on Instagram ( https://www.instagram.com/diane_boden/ ) , or like The Minimalist Moms Page on Facebook ( https://www.facebook.com/minimalistmomspodcast/ ). *Thanks for listening!* For more updates and episodes, visit the website ( http://www.minimalistmomspodcast.com/ ). You may also tune in on Apple Podcasts ( https://podcasts.apple.com/us/podcast/minimalist-moms-podcast/id1159498258 ) , Spotify ( https://open.spotify.com/show/2TdfpBVkMLAcJhnbRwoJ0u ) , Google Podcasts ( https://podcasts.google.com/feed/aHR0cHM6Ly9taW5pbWFsaXN0bW9tc3BvZGNhc3QubGlic3luLmNvbS9yc3M ) , or Stitcher ( https://www.stitcher.com/podcast/minimalist-moms ). *Episode Sponsored By:* Apostrophe ( https://app.redcircle.com/shows/11076ec9-faff-492e-8c6c-a1ee2013435f/ep/Apostrophe.com/minimalist ) (.com/minimalist) Advertising Inquiries: https://redcircle.com/brands