Podcast
Personal Finance for Lawyers
Hosted by Rho Thomas · EN
In 2016, I was a wife, new mom, and junior Biglaw associate with over $670,000 of debt and a negative $342,000 net worth.
By the end of 2021, my husband and I had paid off almost $500,000 of that debt (the total of our student loans) and now only have our mortgage remaining.
I’ve since left the law to focus on helping lawyers master their mindset and their personal finances and unlock the power that comes with having complete control of their money.
In this podcast, I’m giving you the knowledge you need to create more freedom in your life by improving your mindset and managing your money better.
Learn more about my work at www.rhothomas.com.
By the end of 2021, my husband and I had paid off almost $500,000 of that debt (the total of our student loans) and now only have our mortgage remaining.
I’ve since left the law to focus on helping lawyers master their mindset and their personal finances and unlock the power that comes with having complete control of their money.
In this podcast, I’m giving you the knowledge you need to create more freedom in your life by improving your mindset and managing your money better.
Learn more about my work at www.rhothomas.com.
23episodes
Episodes
Newest firstAll episodes
313 | How to Pay for Summer Camp Without Stress
1w ago00:08:06Tap to summarizeWe know that annual expenses like summer camp and the holidays are coming every year, but somehow they catch most people off guard. The key in not allowing these expenses to stress you out is to plan for them. In this episode, let's talk about how to make big annual expenses feel more manageable and create a clear plan to handle them without stress. Head to rhothomas.com/313 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →312 | The Mindset of a Wealthy Lawyer
2w ago00:09:20Tap to summarizeBuilding wealth is about way more than your income. It starts with the way you think about money. In this episode, I'm sharing a lesson from one of my group programs about the importance of changing the way you think about money to align with wealth-building. Head to rhothomas.com/312 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →311 | The Importance of Saying No and Delayed Gratification
3w ago00:12:09Tap to summarizeOne of the most powerful skills you can learn is how to say "no" to yourself. Society is filled with opportunities for instant gratification, but learning to say "no" is a powerful tool in your wealth-building journey. In this episode, let's talk about why delayed gratification is so important, along with some tips to help you say "no" more often. Head to rhothomas.com/311 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →310 | Rewind: Wealth Is a Habit
May 100:11:23Tap to summarizeIf you want to be a wealthy lawyer, there's something you must know. Wealth isn't a pipe dream or just for the lucky few. Wealth is a habit that can be mastered by anyone. In this rewind episode, let's talk about the key switch you need to make to start building wealth today. Head to rhothomas.com/310 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →309 | Why No Spend Months Don't Work and What to Do Instead
Apr 2400:09:47Tap to summarizeNo spend months are commonly used but don't work. In fact, they sometimes even make things worse. In this episode, let's talk about why no spend months don’t work and a better way to create positive change in your finances. Head to rhothomas.com/309 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →308 | How to Take a Vacation Without Going Into Debt
Apr 1700:09:21Tap to summarizeMany lawyers can't take a vacation without going into debt and/or stressing about money the whole time. But a little planning on the front end could completely change that experience. In this episode, let's talk about practical strategies to pay for your summer vacation so you can enjoy your time away without stressing about money. Head to rhothomas.com/308 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →307 | Don't Fall for This Common Misconception About Paying Off Debt
Apr 1000:09:38Tap to summarizeSome of the most popular solutions for paying off credit card debt actually lead to a debt cycle that's tough to get out of. And too many lawyers are falling for it. In this episode, let's talk about why these common debt strategies don't work and what to do instead. Head to rhothomas.com/307 for the full episode show notes. Need help with your finances? Apply for a strategy session at rhothomas.com/apply.
Transcribe →306 | Windfalls and Wealth-Building
Apr 300:10:25Tap to summarizeHow do you handle tax refunds and bonuses? Many lawyers look forward to these infusions of cash each year. But what you do with them says a lot about your ability to build wealth. In this episode, let's talk about the common ways people handle windfalls and how each impacts your ability to build wealth. Head to rhothomas.com/306 for the full episode show notes. Apply for a strategy session at rhothomas.com/apply.
Transcribe →305 | Rewind: When It Feels Like It's Not Working
Mar 2700:07:48Tap to summarizeWhat do you do when you've been trying to improve your finances but it feels like it's not working—it feels like you're not making progress with your finances? The answer depends on your situation. In this episode, we talk about 4 example situations in which someone may feel like they're not making progress on their finances and what to do in each. Head to https://www.rhothomas.com/305 for the full episode show notes. Apply for a strategy session at rhothomas.com/apply.
Transcribe →304 | "If I Just Made More..."
Mar 2000:11:53Tap to summarizeOne of the biggest lies lawyers tell themselves is that making more money would solve all their financial problems. However, many make more now than in the past but still struggle. Because the real issue is not the amount they make; it's poor money management. In this episode, let's talk about why good money management is more crucial than income level and how to start thinking differently about your money. Head to rhothomas.com/304 for the full episode show notes.
Transcribe →