Episode 274 Debt Elimination for Lawyers with Rho Thomas
In today’s episode of the Wealthy Woman Lawyer® podcast, I chat with Rho Thomas, an attorney and financial coach who helps lawyers gain control over their finances to build a life of freedom and choice.
Rho, who began her journey as a trademark attorney, shifted to financial coaching once she learned how to pay down her own $678K in debt, primarily from law school and her husband’s medical school loans. She believes that true wealth is having control of your time, which led her and her husband to the goal of paying off debt before starting their family so they would have ample time to spend with their children when the time came.
For the last four-plus years, Rho has helped other lawyers get out of debt and manage their money better to create freedom and choice in their own lives. She also hosts the Personal Finance for Lawyers podcast, where she shares strategies each week for lawyers to improve their money mindset and manage their money to achieve true wealth.
Listen in as Rho and I discuss:
- The mental and emotional impacts of carrying significant debt and how to overcome them.
- Key strategies for lawyers looking to improve cash flow and better manage their personal finances.
- Rho's advice on prioritizing expenses and making financial decisions that align with personal values.
- Her personal journey from big law to financial independence and why she made the leap to full-time financial coaching.
- Practical tips for couples navigating financial differences and aligning on shared goals.
- Why financial freedom is about more than just numbers—it’s about creating options and living life on your own terms.
- And much more!
LINKS TO LOVE:
To learn more about Rho and connect with her, check out:
Our previous episode: https://wealthywomanlawyer.transistor.fm/episodes/rho-thomas-shifting-your-mindset-towards-financial-independence
LinkedIn: https://www.linkedin.com/in/iamrhothomas
Website: https://www.rhothomas.com
Also grab her free gift for Wealthy Woman Lawyers listeners: https://www.rhothomas.com/wwl
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