Meet the Frugalwoods: Achieving Financial Independence Through Simple Living by Elizabeth Willard Thames is a non-fiction book where the author tells of her and her family’s journey to early retirement by giving up much of their habits and saving a whopping 70% of their combined income.
- 256 pages
- Publisher: HarperBusiness
- Language: English
- ISBN-10: 0062668137
As hard as we try, it is sometimes difficult to live frugally, can we try harder?
Absolutely, and it is always nice to get some tips along the way.
In Meet the Frugalwoods: Achieving Financial Independence through Simple Living by Elizabeth Willard Thames one gets some tips, even though many of them are extreme.
But how else are you supposed to save 70% of your income?
To be fair, the author and her husband had a leg up on most of America by graduating college debt free. That is something that 99% of the people I know cannot say.
Another benefit the author had was finding a partner who is equally frugal, with the same goals and the same state of mind. This is an important aspect of family economics and one that, to her benefit, she mentions several times.
Throughout the book there are some great suggestions, which you can implement or not, in order to live more frugally. While 70% savings is impossible for most people, there are many ways mentioned in the book (and some you probably have figured out for yourself, like I did) to make your savings grow.
I have read many investment and finance books, this one is probably one of the most readable and it’s nice that the author is 100% dedicated to living a frugal life and actually believes what she preaches. While I think my family would have a difficult time adjusting to life with consumerism (not this cheap bastard, but the cheap bastard’s teenage daughter), there are some good points about the consumerism culture and how it’s eating up family life and the planet’s resources.
Giveaway ends: March 22, 2018
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Zohar — Man of la Book
Disclaimer: I got this book for free from TLC Book Tours.
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