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Podcast: Personal Finance for Lawyers
Episode: 007 | Budgeting for Lifestyle Freedom and Financial Independence
Description: Many lawyers believe they don't need to budget, but that's a big mistake. Yes, a larger income gives you more wiggle room in your spending, but it also allows for much bigger mistakes. When you're trying to achieve goals like financial independence and lifestyle freedom, one of the major keys is being intentional with your money, which starts with budgeting. So we'll talk about
what a budget is
why lawyers and other high-income earners absolutely need a budget
tips for getting started with your budget
different budgeting styles and
whether you really need a budget (spoiler: yes!)
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