Money Skills For Therapists

Are you ready to take control of your finances and build a business that works for you? In today’s episode, I’m thrilled to have Mike Michalowicz, creator of Profit First, joining me on the podcast. We dive deep into the key misconceptions about Profit First, especially in the therapy space, and we explore how understanding profit differently can make a huge impact on your business and well-being....

Are you unsure how to balance insurance with private pay in your private practice? In today’s Feelings and Finances episode, Linzy answers a question from Katie, who is exploring how to make insurance work for her while avoiding overworking herself in private practice. Katie is seeking clarity on whether it’s possible to take insurance and still build a financially sustainable practice without ove...

How do you heal your relationship with money and shift your mindset around finances? In today’s episode, Linzy sits down with Bari Tessler, a financial therapist and the author of The Art of Money , to explore the emotional and somatic aspects of financial healing. Bari shares her decades of experience working with clients to shift their money stories and provides actionable insights on how to app...

What financial protections do you need when you own your own private practice? In today’s Feelings and Finances episode, Linzy answers a question from Katie, a therapist transitioning to full-time private practice. Katie is wondering whether she should focus on building an emergency savings fund or invest in disability insurance, especially since she’s the provider in her family. Linzy discusses t...

Do you struggle to prioritize your own self-care in the face of your clients’ needs? In today’s coaching episode, Linzy talks with Melissa Tiessen and Karen Dyck, co-founders of Intentional Therapist, about the importance of self-compassion for therapists and how it intersects with money and practice sustainability. Melissa and Karen discuss the risks of neglecting self-care, particularly for ther...

Are you intimidated by the numbers in your cash flow spreadsheet? In this Feelings and Finances episode, Linzy answers Allison's question about managing cash flow as a group practice owner. With a focus on moving beyond the fears around spreadsheets, Linzy discusses the tools and mindset shifts needed to develop mastery over your clinic’s financial flow. Linzy walks through the key components of a...

Are you overwhelmed by student loan debt and unsure about your options? In this episode, Linzy is joined by expert Connor Pierce from Student Loan Planner to explore the ins and outs of student loans and how to effectively navigate loan forgiveness programs. Connor explains why student loans are unique compared to other types of debt and why the typical approach to debt repayment doesn’t always ap...

Are you struggling to communicate your private pay rate to clients with confidence? In this Feelings and Finances episode, Linzy answers Annette’s question about how to share her new private pay rate without feeling guilty or awkward. Annette has been working hard to build her practice but still finds it difficult to comfortably state her fees. Linzy provides actionable advice for managing this co...

How do you plan for a successful transition from a full-time job to private practice? In today’s coaching session, Linzy helps Christine, a therapist who is working full-time and running a private practice on the side, navigate the complex decision of leaving her full-time job to grow her private practice. Linzy and Christine dive into the practical numbers and logistics of transitioning to privat...

How do you stay aligned with your values when your taxes fund things you don’t believe in? In this Feelings and Finances episode, Linzy responds to a question from Lessey, a therapist grappling with the ethical dilemma of paying taxes that support government practices and systems she finds morally troubling. Lessey is exploring whether it’s possible to feel at peace with paying taxes in a system t...

Are you ready to grow your practice but struggling with how to do so without burning out? In this episode, Linzy sits down with Amber Hawley, a therapist and business coach who specializes in helping therapists scale their practices without compromising their mental health. Amber opens up about her own experience growing a private practice and shares her best strategies for managing both business...

How can you make sure that the professional development courses you’re choosing actually align with your bigger goals? In this Feelings and Finances episode, Linzy answers a question from Stef, a current Money Skills for Therapists student, who is struggling to navigate the flood of course offerings that all seem exciting but might not be the best use of her time or money. Stef shares how she’s be...

Do you ever find yourself making financial decisions that don’t really make sense—but you keep making them anyway? Maybe it’s impulse spending, avoiding your budget, or putting off big financial decisions. In today’s episode, Linzy sits down with Robin Valadares, physiotherapist and personal finance educator, to unpack some of the biggest barriers that stop health practitioners from managing their...

Are you transitioning to a private pay model and feeling overwhelmed by the financial side of things? In today’s Feelings and Finances episode, Linzy addresses a question from Nick, a therapist who recently made the switch from an insurance-based practice to private pay. Nick shares her struggles with fear and self-doubt, feeling unsure about her ability to succeed in this new model and grappling...

Are you a group practice owner trying to navigate the unique challenges of leadership and business growth? In today’s episode, Linzy chats with Felicia Keller Boyle about the complexities of owning and leading a group practice. Linzy and Felicia discuss how the business model for group practices is more complicated than solo practices and how group practice owners face an entirely different set of...

Are you transitioning from a different career into private practice and feeling overwhelmed by the financial side of things? You're not alone. In today’s Feelings and Finances episode, Linzy addresses a question from Alice, an LCSW navigating the challenges of starting over in her therapy practice after a 20-year corporate career. Alice shares her concerns about balancing financial stability with...

How do you balance serving your community with the financial realities of running a group practice? In this coaching episode, Linzy sits down with Anastasia Canfield, owner of Creative Remedies, a multidisciplinary practice supporting neurodivergent, queer, and BIPOC clients through expressive arts therapies. Anastasia shares the challenge of staying true to her mission of serving marginalized com...

How do you stay grounded in your money values when your team challenges your decisions? In this Feelings and Finances episode, Linzy answers a question from group practice owner Cierra, who’s navigating the tension between her evolved money mindset and her team’s perspectives. Cierra shares her challenges around balancing her financial goals with her clinicians’ concerns, including pushback that s...

How can technology make your private practice more efficient and client-focused? In this episode, Linzy talks with Amity Cooper, a mental health professional and seasoned entrepreneur, about how technology can streamline practices and enhance client care. Amity shares her insights on tools like online booking systems and AI-driven note-taking, highlighting their potential to save time and improve...

Are you charging enough to sustain yourself and your practice? In this episode of Feelings and Finances, Linzy opens up about one of the biggest mistakes she made when starting her private practice: setting an unsustainably low fee. Sharing her personal journey, Linzy explains how the pressure to transition quickly out of agency work and advice to “keep fees low” led her to set a rate that couldn’...

Are you wondering where all your money is going, even though your business seems to be thriving? In this coaching session, Linzy sits down with Tracey Steger, an acupuncturist and group practice owner, to dig into the mystery behind her business finances. Despite seeing many clients a week across her team, Tracey feels like there’s nothing to show for it. Together, Linzy and Tracey take a big-pict...

Are you stuck in a schedule that leaves you feeling drained and depleted? In this Feelings and Finances episode, Linzy shares a deeply personal mistake from her private practice days: creating a schedule that didn’t align with her needs as a therapist or as a person. She explores the weight of overbooking, the emotional cost of evening sessions, and the importance of setting boundaries to sustain...

Are you making good money in your private practice, but finding there’s not much left at the end of the day? In this episode, Linzy chats with Liane Wood, owner and CEO of Build Your Private Practice, a Canadian company that has been helping health practitioners launch, grow, and scale their private practices. Together, Linzy and Liane explore the concept of "magic money"—the magical thinking arou...

How can regular appointment slots improve your private practice? In this Feelings and Finances episode, the first in a mini series, Linzy reflects on a mistake she made early in her therapy career: not implementing a regular appointment system sooner. Linzy shares how, after much resistance, she discovered the benefits of setting recurring time slots for clients. Linzy talks about how implementing...

Is it time to slow down and rethink your approach to business finances? In this episode, Linzy sits down with returning guest Julie Herres, owner of Green Oak Accounting and author of Profit First for Therapists , to explore the concept of "moving at the speed of cash." Together, they discuss the risks of taking on debt, the cultural pull of instant gratification, and how slowing down can lead to...