Who are the people influencing your financial decisions? For many of us, it's people who think the same way we do, manage money the same way we do, and reinforce the beliefs we already have about money. Elevating your circle of influence gives you access to new ways of thinking about money and new financial strategies you may not even be aware of. In this episode, let's talk about the importance of curating your circle of influence and putting yourself around people who have achieved the things you want to achieve. Head to https://www.rhothomas.com/118 for the full episode show notes. Schedule a call to learn how we can work together at https://www.rhothomas.com/call.

If you're always chasing bigger and better things than what you already have, you're on par with most of the rest of society. And your finances likely are, too. Many people are stretching their finances to the limit trying to keep up with the latest and greatest—so much so that the majority are living paycheck to paycheck. It's common to spend everything you make and then some. It's uncommon to spend substantially less than you make. But spending less and investing the difference is exactly how you build wealth. In this episode, let's talk about making uncommon choices that lead to wealth. Head to https://www.rhothomas.com/117 for the full episode show notes. Schedule a call to learn how we can work together at https://www.rhothomas.com/call.

Have you ever thought about how much money you've made so far in your career? Or how much you'll make in your lifetime? For most lawyers, that number is at least a million dollars. But many of us never learn to manage all the money coming to us. Instead, we focus on how much we don't have and how we need to make more. And we end up with nothing to show for all the money we made. In this episode, let's talk about why so many lawyers lose a million dollars and how the way we tend to think about money can hinder our ability to keep more of that money for ourselves. Head to https://www.rhothomas.com/116 for the full episode show notes. Schedule a call to learn how we can work together at https://www.rhothomas.com/call.

Your relationship with money is no different than any other relationship in your life. Many of the same principles apply. If your money were a person, how would you rate the way you treat that person? How would you describe the kind of relationship you have? In this episode, let's talk about some of the practices we implement to have thriving relationships with other people and how those same practices apply to our relationships with money, as well. Head to https://www.rhothomas.com/115 for the full episode show notes. Schedule a call to learn how we can work together at https://www.rhothomas.com/call.

Time is a finite resource. Once it’s gone, it’s gone. Money is infinite. We have unlimited access to money. But we typically treat our time and money as if the opposite were true. In this episode, let’s talk about trading time for money and how you can use your money to buy back your time instead. Head to https://www.rhothomas.com/114 for the full episode show notes. Schedule a call to learn how we can work together at https://www.rhothomas.com/call.

What if you could spend what you want and still achieve the financial goals you set for yourself? You can. You just have to understand the formula for doing so. Most people approach budgeting and planning their spending in a restrictive manner, which is why many people don't stick to the budgets they create. But your budget is simply a plan for how you want to use your money, and you can spend on whatever you want. In this episode, let's talk about how to craft your budget so that you can spend on what you want and still hit your goals. Get the full episode show notes at https://www.rhothomas.com/113. Set up a call to learn how we can work together at https://www.rhothomas.com/call.

We make a lot of financial decisions on autopilot, and sometimes those decisions have a negative impact on other things we want to do financially. In each of those situations, whether we recognize it or not, we have a choice to stay on track with our goals or to go in the opposite direction. In this episode, let's talk about the importance of creating space to make those choices intentionally and one strategy to help you create that space for your own financial decisions.

We have a tendency to put things off that could easily be done now. We tell ourselves stories about how long the thing will take, how hard it will be, or how we just don't have time. But ultimately, none of it is true, and it's just a block to achieving the goals we set for ourselves. In this episode, let's talk about a few real life examples of how this kind of thinking shows up and why it's so important to turn it around.

So many lawyers get into a start and stop cycle with their finances. They’ll be making some progress, but then they fall off track and give up. Then, at some point down the line, they get back on track but ultimately repeat the cycle over again. This cycle is dangerous because it keeps you from building momentum and doesn't lead you to achieving your financial goals. In this episode, let’s talk about why we sometimes get into the start and stop cycle, the importance of consistency, and how to approach your finances to keep yourself on track and achieve your goals. Head to https://www.rhothomas.com/110 for the full episode show notes.

We often only think about the immediate costs associated with our financial decisions. But the decisions we make go far beyond the specific dollar amount associated with them today. Those decisions have opportunity costs and compound effects over time. In this episode, we explore a few examples of how relatively small financial decisions can have much bigger financial impacts than we might realize. Head to https://www.rhothomas.com/109 for the full episode show notes.