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Real Estate News & Analysis

BiggerPockets Money Podcast 10: Designing a Frugal But Luxurious FI Life by Age 32 with Liz Thames

Publié le 7 Mars 2018

In March, 2014, Liz and her husband made the conscious decision to stop their big city, big spending lifestyle and adopt a frugal mindset to realize their new goal of moving out of the hustle and bustle and into the woods.

Their 180-degree 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 wantwith 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.

Click hereto listen on iTunes.

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In This Episode We Cover:Why Liz and her husband decided to live on a farmTips for seeing a financial goal throughThe frugal analogueThe seltzer and Soda Stream machine storyWhy they followed the luxurious frugality lifestyleWhy theyre renting their house outWhy you should buy in bulk and cook from scratchHow to make eating out specialThe frugal 30-day challengeHow to cut costs while still doing or buying the things you loveSpecific examples of what Liz does to save moneyThe kinds of investments they have acquiredHow they choose their property managerWhy they moved from urban to ruralThe importance of being able to do what you are passionate aboutAnd SO much more!Links from the ShowBooks Mentioned in this ShowTweetable Topics:Its not about the money, its about the happiness. (Tweet This!)There is something you can do in order to reduce the cost of anything. (Tweet This!)Be creative and find ways to get what you want without spending money. (Tweet This!)The money in itself is not the happiness. The money is just the vehicle that enables you to explore the lifestyle that is going to make you happy. (Tweet This!)Identify what you want to do in your life. Your money will follow that. (Tweet This!)Connect with Liz

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