A thrifty married couple who call themselves the Frugalwoods are trying to retire by the time they turn age 33 in 2017. In order to meet their goal they will need to save 71% of their salaries. They both have good jobs, and graduated from college in 2006 without any student loans. To meet their goal they have had to downsize their lives tremendously, spending only that which is necessary and blogging their way through the experience.
We are sharing this here because though we often talk about women being financially independent, it is equally important to find a partner who shares the same financial values as you. If one person in the relationship is a spender and the other a thrifter that could be a recipe for disaster. However if like the Frugalwoods, the couple have a shared vision for their future and are willing to work as a team, no matter what you’ll be on your way to financial success.
Here is some brilliant advice this couple who you can follow here shared with their readers:
“Don’t unconsciously mimic the spending habits of those around you. There’s no reason to approach the world as a consumer. Your goal in life shouldn’t be to buy things. Spending money is the easy way out. It doesn’t require creativity, ingenuity or adventure. In a word, it’s boring.”