Money Skills For Therapists

By: Linzy Bonham
  • Summary

  • Money can be stressful and confusing for therapists and health practitioners in private practice - dealing with all of our feelings and stories about it, understanding how to actually manage our business finances, and making money work for us in our lives can feel so daunting that many therapists just avoid dealing with money altogether. Join Linzy Bonham, therapist and creator of Money Skills for Therapists, as she demystifies all things private practice finances through short and sweet solo episodes, conversations with therapists who have transformed their relationships with money, and live coaching calls with Money Skills for Therapists students.
    2025 - Money Nuts & Bolts Inc.
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Episodes
  • 143FF: The Key to Avoiding Scheduling Stress in Private Practice
    Jan 10 2025

    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 a consistent schedule not only brought clarity to her practice but also improved client care, supported client attachment needs, and helped her achieve more balance in her own work-life routine. Linzy also offers advice on how to implement a system that works for your clients, including flexible options for those with irregular schedules.


    If you're ready for more structure and stability in your practice, this episode will help you understand the value of regular appointment slots and how they can create lasting benefits for both you and your clients.


    For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16224


    To watch a video version of this, check it out on YouTube: https://youtu.be/i_Wie9sydOU


    For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16224


    Have a question for Linzy?


    You can easily submit your question directly to Linzy’s SpeakPipe inbox.


    Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address. It will take you less than 2 minutes, promise!


    Want to work with Linzy?


    Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!


    https://moneynutsandbolts.com/masterclass-signup/

    Mentioned in this episode:

    Check Out Relay for Business Banking

    Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account.

    *Sign Up for Relay

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    13 mins
  • 142: Moving at the Speed of Cash with Julie Herres
    Jan 7 2025

    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 smarter, more aligned financial decisions.

    Julie shares practical techniques for saving before making major investments and waiting for the right timing, and Linzy emphasizes the value of thoughtfulness in financial planning. Julie and Linzy challenge the notion that faster and bigger is always better, offering a thoughtful perspective on how slowing down and moving at the speed of cash can create a more intentional, sustainable path to success.

    Join Linzy and Julie as they unpack how financial patience can help you avoid unnecessary stress and achieve what truly matters in your business and life.

    For more from Julie and Linzy:


    Check out the previous episodes with Julie on Money Skills for Therapists the Podcast

    Ep 58 Profit First for Therapists with Julie Herres

    Ep 5 Private Practice Money Mistakes with Accountant Julie Herres


    And discover the previous episodes of Linzy on Julie’s podcast - Therapy for your Money

    Episode 31: Building Your Private Practice's Financial Foundation (with Linzy Bonham)

    Episode 97: Perfectionism & Money (with Linzy Bonham)

    Episode 107: How do you know if you're working with the right accountant for you and your practice

    Episode 126: Financial Professionals 101: Practice Owner edition! (with Linzy Bonham)


    For a full transcript of the episode and much more, check out the blog post on our website! To watch a video version of this, check it out on YouTube: https://youtu.be/zP6_amCATgw


    Connect with Julie Herres

    GreenOak Accounting is a specialized firm serving the mental health industry exclusively.

    The team has worked with 1000+ private practice owners, so we know a thing or two about spending habits of successful practice owners.


    Get GreenOak Accounting free KPI Tracker. It is designed specifically for therapists in private practice, helping you keep a close eye on the metrics that matter most. From revenue goals to clinician productivity, this tool takes the guesswork out of running your business so you can focus on what you do best:...

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    42 mins
  • 141FF: Managing Money During Uncertain Times
    Nov 22 2024

    Are you feeling the weight of this uncertain time? As we navigate times that can feel scary and unstable, money can play a pivotal role in grounding us and empowering us to show up for the causes and communities that matter most.

    In this final Feelings and Finances episode for season 10, Linzy explores how financial stability can nurture your well-being and enable you to make a meaningful impact. From small, symbolic steps like creating a savings buffer to harnessing your finances for advocacy and care, this episode invites you to rethink the role of money during challenging times.


    Tune in and explore how money can be a source of stability and strength for you right now.


    For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16137


    To watch a video version of this, check it out on YouTube: https://youtu.be/HMtt2KgqfNk


    Have a question for Linzy?


    You can easily submit your question directly to Linzy’s SpeakPipe inbox.


    Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address. It will take you less than 2 minutes, promise!


    Want to feel calm and in control of your finances? Connect with us!

    Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts

    Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/

    Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

    Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

    Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/


    Want to work with Linzy?


    Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!


    https://moneynutsandbolts.com/masterclass-signup/



    Mentioned in this episode:

    Check Out Relay for Business Banking

    Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account.

    *Sign Up for Relay

    Show more Show less
    9 mins

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