I’ll admit it right now: I talk about our future homestead a lot. If you’re a regular reader, you’re probably sick of me starting sentences with, “when we move to our rural homestead…” In case you’re new here (or you’ve selectively tuned out my near-constant mention of the H word), Mr. Frugalwoods and I plan to buy 20+ acres of wooded land, likely with an existing home and outbuildings, in rural southern Vermont.
We’ll purchase the property as soon as we find what we’re looking for (our most recent search with our realtor was last month). And, we’ll move there on a full-time basis once we hit our version of financial independence in the fall of 2017, if not before. Once we decamp to the homestead, we’ll rent out our Cambridge, MA home. Our lifestyle of ingrained frugality and 65%-85% savings rate are what make this dream possible.
Continue reading The Frugal Homestead Series Part 1: Why The Woods? at Frugalwoods.