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Podcast: Personal Finance for Lawyers
Episode: 009 | Why Many Lawyers Struggle to Build Wealth
Description: Many people believe that because lawyers make decent money, we easily build wealth. But that’s not always the case. In fact many lawyers and other high-income earners struggle to build wealth, and there are a number of mindsets and behaviors that play into this. Today, we’ll talk about:
limiting beliefs
the way lawyers tend to view money
the “I work hard. I deserve it.” mentality
living the lawyer lifestyle
not budgeting
ignoring student loans and
why any of this matters
Visit https://www.rhothomas.com/9 for the full episode show notes.