For lawyers seeking lifestyle freedom, financial independence is key because it removes your dependence on your job and provides options you wouldn’t otherwise have. In seeking financial independence, you are buying back your time and regaining control in your life.
In episode 3, we talked about why every lawyer should be seeking financial independence. This week, we’ll walk through 4 steps to actually get you started on your financial independence journey.
Topics explored
- identifying your why
- identifying the things you value
- examining your current spending and savings rates
- calculating your financial independence number
Resources mentioned
My 30-year-old friend who reached financial independence: https://www.apurplelife.com
Lifestyle Freedom Starter Guide: https://www.rhothomas.com/start
Your Money or Your Life by Vicki Robin (2018 revision): https://www.amazon.com/Your-Money-Life-Transforming-Relationship/dp/0143115766
Playing with FIRE book and documentary: https://playingwithfire.co/
Journey to Launch podcast: https://www.journeytolaunch.com
ChooseFI podcast: https://www.choosefi.com
Connect with me
The Wealthyesque Community: https://www.rhothomas.com/community
Social media: @iamrhothomas on Instagram, Facebook, and Twitter
Email: hello@rhothomas.com
Hi, I’m Rho! I’m a wife, mom, and Biglaw associate who believes that true wealth is having control of your time. I help busy lawyers like you take back control of your time by teaching you how to achieve lifestyle freedom through mindset shifts and financial independence. Read a little more about me here.