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/