082 | Income vs. Wealth - Personal Finance for Lawyers

What this episode covers

It's easy to conflate having a six-figure income with being wealthy. But they're not the same. In fact, your income doesn't have as much bearing on your ability to build wealth as you might think. In this episode, we're talking about the difference between income and wealth, why many lawyers who make a lot of money aren't wealthy, why some people who make less are, and why it's important to understand the distinction. Head to https://www.rhothomas.com/82 for the full episode show notes.

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Frequently Asked Questions

How long is this episode of Personal Finance for Lawyers?

This episode is 10 minutes long.

When was this Personal Finance for Lawyers episode published?

This episode was published on January 14, 2022.

What is this episode about?

It's easy to conflate having a six-figure income with being wealthy. But they're not the same. In fact, your income doesn't have as much bearing on your ability to build wealth as you might think. In this episode, we're talking about the difference...

Can I download this Personal Finance for Lawyers episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.