VERSHIRE, Vermont 鈥� There鈥檚 yet another account of city dwellers fleeing urban life and materialism for a simpler existence in 鈥� where else? Vermont.
This time it鈥檚 by Elizabeth Willard Thames, who made her name as Mrs. Frugalwoods in her blog about embracing frugality. She is the author of Meet the Frugalwoods: Achieving Financial Independence Through Simple Living, released this month by HarperCollins.
In an accounting some readers have noted strains credulity, Thames writes about her and her husband鈥檚 decision to adopt 鈥渆xtreme frugality,鈥� with a goal of leaving their nine-to-five jobs in Boston in their early 30s to be financially independent and live simply on a homestead in the woods.
She writes about eschewing new clothes, expensive haircuts and her daily $2.50 US luxury of an iced tea from Dunkin鈥� Donuts. She and her husband, Nate, had been saving 70 per cent of their incomes, but she doesn鈥檛 disclose their salaries.
鈥淲e had just turned 30 and thought if we don鈥檛 do something, if we don鈥檛 radically change how we live, how we use our time and how we use our money, we鈥檙e going to be 40, 50, 60 and never really have done what we want to do with our lives and never have had the opportunity to explore these other parts of ourselves that we so wanted to explore,鈥� Thames, a mother of a newborn baby and a two-year-old child, said in an interview.
They started their married life with no debt after getting scholarships to a state university where they met, working jobs in college and having help from parents, they say. In the city, they gave up dinners out, artisanal cheese and other pricey food, and bought used furniture.
Their story of moving in 2016 from fancy Cambridge, Massachusetts, to a farmhouse on 60聽acres outside tiny Vershire, Vermont, has been told in various forms by the likes of the Guardian, Forbes and PBS. Many accounts focused on their self-proclaimed decision to 鈥渞etire鈥� in their 30s.
Except income from the book, and blogging and giving interviews, doesn鈥檛 really count as 鈥渞etired.鈥�
The Thameses also have investments and get rental income from the home they still own in Cambridge. Nate now works online from home with the same software job he had in Massachusetts.
It鈥檚 work they do because they love it, the Thameses say, and they could walk away from it any time. Now, Elizabeth says, they have more control of their time. But they have backed off on the R-word and now call themselves 鈥渇inancially independent.鈥�
A book reviewer in the Star Tribune of Minneapolis was skeptical, noting the book is short on numbers, questioning how the couple was able to buy a four-bedroom house with granite countertops in expensive Cambridge, and snarking that they probably didn鈥檛 get there by skipping a few haircuts and cutting out artisanal cheese.
Thames acknowledges that her frugality is a choice, not a necessity, and that she and her husband are privileged, being white and heterosexual, and having been raised by college-educated middle-class parents.
They also aren鈥檛 reinventing the wheel by making a high priority of where they want to live and by budgeting creatively.
Whether or not your dream is to live in rural Vermont, Thames said, she wants to inspire others to realize their dreams, whatever they may be, by crafting a financial plan to get there.
Stories about frugal, resourceful living are nothing new in Vermont, home to many back-to-the-landers and aging hippies, as well as in other rural areas where jobs are scarce, money is tight or people choose to work from home.
There鈥檚 a steady stream of escape-from-the-city-to-rural-Vermont books going back to the early 1900s, including Samuel Ogden鈥檚 This Country Life, Helen and Scott Nearing鈥檚 Living the Good Life, Edmund Fuller鈥檚 Successful Calamity: A Writer鈥檚 Follies on a Vermont Farm and Noel Perrin鈥檚 First Person Rural.
鈥淭he topic seems to have a perennial appeal,鈥� said Dona Brown, a history professor at the University of Vermont.
鈥淧eople must certainly know what to expect when they pick up these books,鈥� Brown said. 鈥淏ut I聽guess that would be true about all kinds of formulaic writing.鈥�
