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41. Eliminating Debt & Building Freedom with Rho Thomas
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Do you have over six figures in law school debt? Have you ever calculated your net worth? Do you earn a sizable income but wonder where the money goes each month? These are all questions we tackle in this episode.
Up next in the Mom Life and Law Podcast series on money is Rho Thomas. She's a trademark lawyer in BigLaw, a mom of two toddlers, and a personal finance advocate.
Soon after their first son was born, Rho and her husband realized they had more than $670,000 in debt, comprised of their student loans, a car, and their mortgage. In addition, they had a negative net worth of over $340,000. She shares her journey of paying down debt aggressively, changing her money mindset, and paying it forward. Over the last 4 years, Rho and her husband have paid off over $400,000 of debt and hit a positive six-figure net worth earlier this year.
In addition to her law practice, Rho is a personal finance coach who helps other 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, Mic, and on her own podcast, Wealthyesque.
Debt doesn’t define you, and it doesn't have to stop you from your purpose!
Follow and Connect with Rho Thomas:
https://www.rhothomas.com/
LinkedIn: Rho Thomas | LinkedIn
Instagram: @iamrhothomas
Mom Life and Law is a podcast for lawyer moms who are expected to mother as if they have no job and lawyer as if they have no children. In the face of these expectations, the interviews featured on this podcast give you strategies to help you thrive. We aren't afraid to talk about our trials and our triumphs. No matter the challenges you face, this podcast aims to show you what's possible. Each week, invest some time to reframe your mindset, own your power, and set yourself up for success. You deserve it.
If you want to take this work further and join a community of supportive and ambitious women who want to see you rise, check out the Mom Life and Law Leadership Forum mastermind.
Connect with and Follow Mom Life and Law at:
www.momlifeandlaw.com
Facebook: @momlifeandlaw
Instagram: @momlifeandlaw
Twitter: @momlifeandlaw
LinkedIn: Mom Life and Law
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