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Extreme Frugality In The 'Frugalwoods'46:49
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In this Wednesday, Nov. 15, 2017 photo the 300-year-old Adams homestead sits in Newington, N.H. The home of eight generations related to President John Adams has been named to the New Hampshire State Register of Historic Places. (AP Photo/Robert F. Bukaty)MoreCloseclosemore
In this Wednesday, Nov. 15, 2017 photo the 300-year-old Adams homestead sits in Newington, N.H. The home of eight generations related to President John Adams has been named to the New Hampshire State Register of Historic Places. (AP Photo/Robert F. Bukaty)

Frugal living. If you take it to the extreme you just might live the life you’ve always dreamed of. We'll talk to Elizabeth Willard Thames, the author of a new book "Meet The Frugalwoods: Achieving Financial Independence Through Simple Living."

Guests:

Elizabeth Willard Thames, founder of personal finance blog Frugalwoods, author of "Meet The Frugalwoods: Achieving Financial Independence Through Simple Living." (@FrugalWoods)

Michelle Singletary, personal finance columnist for the Washington Post. (@SingletaryM)

From The Reading List:

Excerpt of the new book "Meet The Frugalwoods" 

You’re worn down by the rat race. You want to get away from it all, focus on the essentials of life. How do you do that? Cut the clutter, of course. But what about cutting all discretionary spending. Every last penny except your mortgage. Could you do it? One couple embraced extreme frugality, and they discovered a life of joy by living far below their means.

This hour, On Point: Extreme frugality… plus, a look at Amazon’s thinking about creating its own checking accounts.

--Meghna Chakrabarti

This program aired on March 6, 2018.

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