The Shameless Mom Academy: Motherhood, Motivation, and Mindset Tips for Busy Moms

521: Rho Thomas: Finding Financial Freedom After Incurring 670K In Debt

02.17.2021 - By Sara DeanPlay

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Rho Thomas is an attorney, mindset strategist, and personal finance coach who believes that true wealth is having control of your time. She helps lawyers make intentional lifestyle and money decisions to regain control of their time, build wealth, and live the lives of freedom and choice they deserve. She has been featured in outlets such as Yahoo! Finance, Refinery29, and Mic and hosts the Wealthyesque podcast, which explores how lawyers can achieve lifestyle freedom by reframing their mindset and by managing their money to achieve financial independence.

Listen in to hear Rho share:

How she has restructured her law career during the pandemic in order to step out of the hustle

How her and her husbands’ money stories around being raised by single moms on very limited incomes influenced them

How they ended up $670,000 in debt after having their first child

How they found hope and inspiration to start paying off their debt

The first strategic steps they took to start working on their debt

How paying down debt built her confidence and created momentum in her life

Why financial independence is a form of self care

How to rejigger finances based on what brings you joy - instead of mindlessly

How women are conditioned to shrink around money and finances and how to build financial confidence

The difference between media messages around money for women vs men

How she juggles motherhood, marriage, being a lawyer, and running her business to support women and finances

How Kobe Bryant’s death inspired her to start her business

Links mentioned:

Book: Your Money or Your Life by Joe Dominguez and Vicky Robin

Website: Rho Thomas

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