How to Manage Your Finances and Money Mindset as a Lawyer feat. Rho Thomas

Rho Thomas explains the risks of entrepreneurship and why lawyers should adjust their money mindsets.

Rho Thomas, a money coach and lawyer based in Atlanta, Georgia, shares valuable insights on managing finances and developing a healthy money mindset in this episode. Rho helps lawyers improve their money mindsets and manage their finances effectively. From debunking the belief that money is complicated to discussing the importance of finding inspiration in debt stories, Rho offers practical advice and personal experiences that can help listeners gain control over their finances and unlock the power and freedom that comes with it.

LISTEN TO LEARN

  • How to take control of your finances
  • Why your money mindset is the key to personal finance
  • How to overcome the belief that money is complicated

WE ALSO DISCUSS

  • How social media is a valuable networking opportunity
  • The importance of finding a supportive community
  • The power of authenticity

Want to start a podcast?

Save time and create faster with KD Creative. KD Creative offers done-for-you podcasting services by launching podcasts for small business owners and editing podcasts for existing podcasters. 

If you’re ready to get your content in the ears of your ideal customers, start working with KD Creative. Visit skiptheboringstuff.com to hire a podcast coach.

How to Manage Your Finances and Money Mindset as a Lawyer feat. Rho Thomas

<iframe width="100%" height="180" frameborder="no" scrolling="no" seamless src="https://share.transistor.fm/e/a03975e6"></iframe>

How to Manage Your Finances and Money Mindset as a Lawyer feat. Rho ThomasHow to Manage Your Finances and Money Mindset as a Lawyer feat. Rho Thomas

About This Episode

Rho Thomas’ Background

Rho Thomas is a financial coach who helps individuals manage their finances and develop a healthy money mindset. She believes that having control over one's finances can lead to power and freedom. Rho's expertise lies in simplifying the complexities of money and debunking the belief that some people are just not good with money. She also emphasizes the importance of creating a budget, even if it may seem tedious. Rho's own experiences, such as becoming a parent and transitioning from blogging to podcasting, have shaped her understanding of financial management and inspired her to help others.

"The more that I was me, the more that I found that people were resonating with that," shares Rho Thomas on You Are A Lawyer.

In the episode, Rho shares her personal journey of launching her podcast and offering coaching services. She mentions how she felt anxious about COVID and the transition to in-person interactions. Rho also highlights the significance of sharing her own debt story, as it allowed her to inspire others who were facing similar financial challenges. She believes that being authentic and true to oneself is essential in connecting with others and delivering a meaningful message. 

Why Law School

Rho chose law school because she wanted to have control over her finances and her future. In the podcast episode, she mentions that she helps people learn to manage their finances and money mindset so that they can unlock the power and freedom that comes with having control. Rho also shares her personal experience of being in debt and feeling anxious about her financial situation. She wanted to find a stable and secure career path that would allow her to have control over her own financial destiny. This led her to pursue a career in law, where she could not only help others with their legal needs but also gain the financial stability she desired.

"Because we are so conditioned to believe that the stable thing is to have a nine to five job where someone else is paying us and, you know, whatever else, like it's risky for me to do this thing that I have 100% control over, but it's safe and stable for me to be in a position that is 100% in the control of someone else," reflects Rho Thomas on Episode 124 of You Are a Lawyer.

Rho desired to break free from the traditional notion of stability and take control of her own financial future through her career in law. She recognized that relying solely on a nine to five job was not the only path to stability and that she could create her own stability by being in control of her own career and finances.

<iframe width="560" height="315" src="https://www.youtube.com/embed/T0lB4KHHvd0?si=HtfBlwwVUjD4uRhz" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>

What Can You Do with a Law Degree

Rho highlights the versatility of a law degree and how it can open up various career paths beyond traditional legal practice. She shares her own experience of transitioning from practicing law to becoming a financial coach and starting her own podcast. She emphasizes the importance of finding a specific medium to share your message regularly and how podcasting allowed her to reach a wider audience and inspire others.

"I love that, you know, getting into podcasting kind of unlocked or opened up that part of you that you had forgotten about because I think that that experience is so common," explains Rho Thomas, on this episode of You Are a Lawyer.

A law degree can provide a foundation for exploring different interests and pursuing unconventional career paths. With a law degree, individuals have the opportunity to tap into their passions and use their legal knowledge and skills in unique ways. This episode with Rho Thomas showcases the possibilities that come with a law degree. It encourages listeners to think outside the box and consider alternative career paths where they can leverage their legal background while pursuing their passions. Whether it's becoming a financial coach, starting a podcast, or exploring other non-traditional avenues, a law degree can be a stepping stone to a fulfilling and diverse range of professional opportunities.

Lawyer Side Hustles


Rho is the founder of Money Mastery for Lawyers, a money coaching business that helps lawyers manage their finances and develop a healthy money mindset. In the podcast episode, Rho emphasizes the importance of taking control of one's finances and unlocking the power and freedom that comes with it. She addresses common misconceptions about money, such as thinking it is complicated or believing that creating a budget is tedious. Rho's approach is relatable and accessible, making financial management more approachable for lawyers who may feel overwhelmed or unsure about their financial situation.

“I then could be that inspiration for other people who were similarly situated to us because they likely also were not finding people who had similar debt stories,” shares Rho Thomas on You Are a Lawyer.

In the episode, Rho shares her personal journey of managing her finances as a lawyer and starting her coaching business. She discusses how she transitioned from blogging to podcasting, allowing her to reach a wider audience and offer coaching services. Rho's authenticity and willingness to share her own experiences, including her six-figure debt, make her relatable to others in similar situations. She aims to inspire and motivate lawyers who may feel isolated in their financial struggles, providing them with the guidance and support they need to achieve financial success.

Join the FREE mailing list!

Get behind-the-scenes content from You Are A Lawyer. 

1) Visit www.youarealawyer.com

2) Add your email address to the Subscribe pop-up box OR

3) Enter your email address on the right side of the screen

4) Get emails from me (I won't fill your inbox with junk)!

Contact Rho Thomas

Rho Thomas is licensed to practice law in the state of Georgia.

Interact with You Are A Lawyer

Kyla Denanyoh hosts the You Are A Lawyer podcast. 

Follow the podcast:

YouTube: youtube.com/@youarealawyer

Instagram: instagram.com/youarealawyer

Twitter:  twitter.com/YouAreA_Lawyer

Website: youarealawyer.com

<iframe width="560" height="315" src="https://www.youtube.com/embed/GKVehXp6b7I" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>

Recent Episodes

How To Balance Passion and Profit in Law feat. Joshua Brumley

Joshua Brumley, a successful lawyer and entrepreneur, shares the story of starting his own law firm right out of law school and the importance of networking and marketing in the legal industry. He emphasizes the value of building a strong network of like-minded attorneys and continuously learning and growing in the field of law. Joshua's passion for helping people and his innovative approach to marketing and business development shine through in this insightful episode.
Read and listen here

How to Be More Authentic in the Legal Field feat. Hannah Beko

Hannah Beko, a seasoned real estate lawyer and founder of Authentically Speaking, shares her journey of finding her authentic voice and helping other lawyers do the same. Through her coaching and training programs, Hannah empowers lawyers to navigate stress, burnout, and low self-esteem, encouraging them to explore diverse career paths and embrace their true selves in the legal profession. Join us as Hannah delves into her experiences and insights on personal growth and professional development in the legal field.
Read and listen here

How to Establish a Successful Solo Law Practice feat. Larry Williams II

Larry Williams II shares his journey from starting his own solo law practice straight out of law school to eventually working as a criminal defense attorney for the Harris County Public Defender's Office in Houston. Throughout the episode, Larry discusses the importance of mentorship, the value of networking, and the versatility of a law degree, encouraging young lawyers and law students to keep pushing forward and believe in their abilities to succeed in the legal field. Join us as Larry provides insights and advice for those navigating the early years of their legal careers.
Read and listen here

How To Promote Your Personal Brand at Work feat. Sara Williams

Sara Williams shares her story of self-discovery and growth in the legal industry, emphasizing the importance of breaking free from traditional norms to find fulfillment and happiness as a lawyer. From teaching at a law school to managing a firm and ultimately branding herself within it, Sara's story highlights the value of exploring different paths and embracing change to create a career that aligns with personal values and aspirations. Join us as Sara inspires law students and young lawyers to prioritize their happiness and forge their unique paths in the legal profession.
Read and listen here

How To Overcome Imposter Syndrome and Manage Stress feat. Lauren Klein

Lauren Klein shares her journey from big law to launching a coaching program for law students and new lawyers in this episode. She discusses the importance of mindset coaching, success coaching, and mindfulness in the legal profession, emphasizing the need for balance, health, and financial well-being. Lauren's insights highlight the versatility of a law degree and the endless possibilities available to young lawyers and law students.
Read and listen here

How To Navigate Career Changes and Find Fulfillment feat. Samantha Divine Jallah

Samantha Divine Jallah, an experienced in-house lawyer and life coach at Radical Bench, shares valuable insights on navigating career changes and finding fulfillment in the legal profession. Through her own journey of transitioning through different careers, Samantha emphasizes the importance of starting with oneself, utilizing one's skills and passions to create a fulfilling career path. Her advice resonates with young lawyers and law students, encouraging them to live intentionally and not stay stuck in unfulfilling roles.
Read and listen here

How To Mentor Young Professionals feat. Michael Alder

Michael Alder, a seasoned lawyer and mentor, shares his journey of personal growth and giving back in this episode. From navigating relationships to writing books on life skills for middle schoolers, his experiences during COVID-19 have shaped his perspective on mentorship and philanthropy. Join us as we delve into Michael’s unique approach to helping others and making a difference in the community.
Read and listen here

How To Delegate Tasks and Expand Your Podcasting Reach feat. Kyla Denanyoh

Kyla Denanyoh, host of the You Are a Lawyer podcast, shares three significant leaps she has made in her journey as a business owner, mom, and wife in this special bonus episode for Leap Year 2024. From becoming a boss managing a team of four to creatively launching five new podcasts, Kyla reflects on her personal growth, including navigating motherhood during a global pandemic and embracing the value of seeking help. Tune in to discover how Kyla's experiences can inspire and empower you on your own path.
Read and listen here

How to Improve Productivity in the Legal Field feat. Karl Seelbach

Karl Seelbach, lawyer and the founder of Skribe.ai, a legal tech company joins us for episode 129 of the You Are a Lawyer podcast. Karl explains how Skribe.ai offers attorneys a more efficient and cost-effective way to capture legal testimony, such as depositions, using AI and software solutions. The platform allows attorneys to easily access video synced to the transcript, create video clips, and receive a final proofread and certified transcript within three days. Karl discusses the benefits of this technology for trial lawyers and highlights its potential for transactional law as well. Tune in to learn more about the innovative use of AI in the legal field.
Read and listen here

How to Embrace Creativity as a Lawyer feat. Theresa Phillips

Theresa Phillips is a lawyer and artist who has found a passion for painting and creating vibrant, textured artwork. In this episode of the You Are A Lawyer podcast, Theresa shares her journey of self-discovery, from cutting her hair and embracing her artistic side to starting her own business and taking on commissioned pieces. She discusses the intersection of law and creativity, the importance of following your passions, and the power of manifesting your dreams.
Read and listen here

How Human Design Impacts Career Success feat. Sheila M. Wilkinson (Part II)

Sheila M. Wilkinson is a lawyer, social worker, consultant, and career transition coach. Sheila also talks about her mission to help lawyers make aligned decisions, set boundaries, and focus on what they truly want to do rather than what they think they should do. She believes in reconnecting the intellectual self with the emotional self and offers guidance to lawyers in this process.
Read and listen here

How To Avoid A Boring Legal Career feat. Sheila M. Wilkinson (Part I)

Sheila M. Wilkinson is a social worker, lawyer, career transition coach, and podcaster who spends half the year in Brussels, Belgium, and half the year in New Orleans, Louisiana. Her life is centered on taking risks, rejecting boring careers, and people-pleasing. In this episode, Sheila emphasizes the importance of connecting with people and offers recommendations for books that can help her clients on their personal and professional journeys. Sheila also talks about her mission to help lawyers make aligned decisions, set boundaries, and focus on what they truly want to do rather than what they think they should do. She believes in reconnecting the intellectual self with the emotional self and offers guidance to lawyers in this process. This episode is Part 1 of a two-part series with Sheila M. Wilkinson.
Read and listen here

©2023 You are a Lawyer LLC.
All rights reserved.