Therapy For Your Money Julie Herres

Finding Joy and Understanding Self-Love with Kasey Compton

In this episode of 'Therapy for Your Money', host Julie Herres, an accountant and owner of Green Oak Accounting, talks with three-time guest Kasey Compton about her new book, 'In Search of You'. They delve into the journey of writing the book, its personal nature, and the process of self-discovery and vulnerability Compton experienced. 'In Search of You' explores themes of self-love, the quest for joy beyond achievements, and the impact of one's past on the present.  Kasey shares insights into her own life, including challenges with motherhood and personal growth, and discusses the importance of self-acceptance and understanding what true joy means. The conversation also touches on Compton's older work, highlighting the personal transformation and insights she has gained through writing and therapy.
Highlights
00:00 Introduction to the Podcast and Host00:46 Introduction to the Guest and Discussion Topic01:13 The Journey of Writing a New Book01:36 The Challenges and Vulnerabilities in Writing04:09 The Process of Deciding What to Include in the Book06:55 The Core Message and Ideal Reader of the Book08:59 Personal Reflections and Realizations12:30 The Impact of Personal Growth on Relationships24:49 The Takeaway Message from the Book26:43 Where to Find the Book28:08 Podcast Disclaimer
Links and Resources
In Search of You: https://www.kaseycompton.com/insearchofyou GreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/Academy

Podcast Production and Show Notes by Course Creation Studio



Get our free KPI tracker to see how you practice measures up to others in the industry! www.therapyforyourmoney.com/kpi

Understanding Retirement Plans: Options for Business Owners

In this episode of Therapy for Your Money we discusses the different retirement plans available to business owners. She details four main business retirement plans: traditional 401k, Safe Harbor 401k, Simple IRA, and SEP IRA. Julie outlines the benefits, limitations, and eligibility criteria for each plan, highlighting how these can align with various business scales and circumstances. She also introduces two personal retirement plans, the IRA and the Roth IRA, noting that business owners may have restricted eligibility for these. Lastly, Julie discusses the concept of ‘backdoor Roth,’ an option for high-income earners who don’t qualify for regular Roth IRAs, and mentions the impact of state-mandated retirement plans. She urges listeners to plan their retirement savings wisely by considering their financial situation and business scale.
Episode Highlights
00:04 Introduction to the Podcast and Host00:49 Understanding Retirement Plans for Business Owners01:06 Exploring Traditional and Roth Retirement Plans03:54 Deep Dive into 401k Retirement Plans08:45 Exploring Simple IRA Retirement Plans10:41 Understanding SEP IRA Retirement Plans14:37 Personal Retirement Plans: IRA and Roth IRA16:35 The Concept of Backdoor Roth18:01 Importance of Consistent Retirement Savings19:28 State-Mandated Retirement Plans21:07 Conclusion and Legal Disclaimer
Links and Resources


GreenOak Accounting - www.GreenOakAccounting.com
Therapy For Your Money Podcast - www.TherapyForYourMoney.com
Profit First for Therapists - www.ProfitFirstForTherapists.com
Profit First Academy - www.ProfitFirstForTherapists.com/Academy


Podcast Production and Show Notes by Course Creation Studio

Unlocking the Power of Private Pay Practice: Expert Insights and Advice
In this episode of 'Therapy for Your Money', host Julie Herres discusses the importance of private pay practices for therapists with guest Deb Legge, a mental health professional and business coach. Deb shares her experiences shifting towards private pay practices, emphasizing the importance of understanding value, the necessity of effective marketing, and the benefit of identifying and reaching out to key target markets. Furthermore, she discusses strategies for dealing with potential clients' insurance questions and reminds practitioners that their ultimate goal is to provide effective service to clients. Deb also shares information about her 'Private Pay Practice Program' and a special podcast series giveaway. In this episode, you will discover insights on: 
1. Niche Services: Deb Legge emphasizes the importance of offering unique and specialized services that set you apart. She reveals strategies to identify niche markets and provide services that clients can't find elsewhere. 
2. Expert Insights: As an industry expert, Deb Legge shares her wealth of knowledge on positioning yourself as the go-to professional in your niche market. She discusses the power of being the best choice for your target audience and provides practical tips on building trust and credibility. 
3. Connect with Your Ideal Clients: Deb explains why focusing on a specific target market leads to better results and a stronger connection with clients. Discover the secrets to making your practice more memorable and effective by following Deb's advice in this episode.


Episode Highlights
00:04 Introduction to the Podcast
00:51 The Importance of Private Pay Clients
01:04 Guest Introduction: Deb Legge
02:26 Understanding the Benefits of Private Pay
04:16 Addressing Accessibility Concerns
05:17 The Importance of Niche Specialization
07:40 Effective Marketing Strategies
10:35 Increasing Referrals
13:47 Overcoming Barriers to Private Pay
17:51 Starting the Transition to Private Pay
17:59 Understanding Your Value
18:55 The Role of Mindset in Private Pay
21:49 The Importance of Professional Services
24:02 Deb's Private Pay Practice Program
27:15 Conclusion and Final Thoughts
Links and Resources
Private Pay Practice: More Information about Deb Legge and her servicesBook Recommendation: All In Startup: Launching a New Idea When Everything Is on the LineGreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/Academy
Podcast Production and Show Notes by Course Creation Studio
Get our free KPI tracker to see how you practice measures up to others in the industry! www.therapyforyourmoney.com/kpi

In this Therapy for Your Money episode, host Julie Herres, an accountant specializing in private practices, shares insights on creating a million-dollar therapy practice. She clarifies that a million-dollar practice generates gross annual revenue, not profit. She illustrates how practices achieve this, noting it involves robust systems around marketing and client acquisition, ongoing recruitment, and strategic delegation. Moreover, she warns against unsustainable hiring and compensation practices. Julie also promotes her webinar on common hiring mistakes made by practice owners.
Episode Highlights
00:00 Introduction to the Podcast00:49 Understanding a Million-Dollar Practice01:00 The Reality of a Million-Dollar Practice01:44 The Journey to a Million-Dollar Practice03:03 The Financial Implications of a Million-Dollar Practice04:56 The Structure of a Million-Dollar Practice06:48 The Systems Needed for a Million-Dollar Practice08:46 The Mindset Shift for a Million-Dollar Practice09:39 Common Mistakes in Building a Million-Dollar Practice10:32 Conclusion and Additional Resources11:28 DisclaimerWebinar
5 Most Common Mistakes Practice Owners Make When Hiring - https://www.greenoakaccounting.com/webinar 
Links and Resources
GreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/Academy
Podcast Production by www.coursecreationstudio.com

In this episode of the 'Therapy for Your Money' podcast, host Julie Herres talks to mental health therapist and financial therapy practitioner Khara Croswaite Brindle. They discuss the prevalent issues of money avoidance and insecurity among private practice owners, often stemming from deeply ingrained beliefs and traumas about money. The conversation delves into the concept of 'noble poverty' in the industry, misconceptions around the pursuit of profit, and the importance of addressing these issues through financial therapy. Khara describes her approach to helping clients, often fellow therapists, to gradually confront their fears and cultivate a healthier relationship with money.
Highlights
00:00 Introduction to the Podcast00:48 Understanding Money Blocks in Therapy Practice01:21 Guest Introduction: Khara Croswaite Brindle02:12 Discussing Money Avoidance in Therapists04:05 Exploring Financial Therapy05:04 Unpacking Money Beliefs and Their Origins06:46 Addressing the Concept of Noble Poverty10:15 The Role of Financial Therapy in Addressing Money Issues13:24 The Impact of Avoiding Financial Responsibilities19:06 Khara's Money Momentum Group for Therapists20:54 Closing Remarks and Legal Disclaimer
LINKS & RESOURCES
Book Recommendation: Start with Why and The Road Back to YouCroswaite Counseling, PLLC: Alleviating Pain Points for Mental Health Therapists & Financial TherapistsGreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/Academy

Podcast Production and Show Notes by Course Creation Studio

In this episode of 'Therapy for Your Money,' host Julie Herres and retreat planning expert Patrick Casale delve deep into the world of retreats. They discuss strategies for successful retreat planning, including creating a detailed budget, understanding the true costs, setting realistic prices, developing effective marketing strategies, and offering add-ons such as CEUs (Continuing Education Units), excellent accommodation, and local experiences to attract participants. Patrick's experience planning retreats and his tips for overcoming common challenges provide invaluable insights for anyone considering launching their own retreats.
Show Highlights
00:04 Introduction to the Podcast00:47 Guest Introduction: Patrick Gasol00:55 The Concept of Profitable Retreats02:00 Patrick's Journey into Retreat Hosting05:48 Challenges and Learnings in Retreat Planning09:41 Financial Aspects of Retreat Planning15:53 Marketing Strategy for Retreats25:15 The Role of Sponsors in Retreats28:19 Stressful Moments in Retreat Planning31:08 Advice for First-Time Retreat Planners32:44 Conclusion and Contact InformationLinks and Resources
All Things Private Practice - Podcast All Things Private Practice - InstagramAll Things Private Practice - WebpageGreenOak Accounting - www.GreenOakAccounting.comTherapy For Your Money Podcast - www.TherapyForYourMoney.comProfit First for Therapists - www.ProfitFirstForTherapists.comProfit First Academy - www.ProfitFirstForTherapists.com/AcademyPodcast Production and Show Notes by Course Creation Studio
Get our free KPI tracker to see how you practice measures up to others in the industry! www.therapyforyourmoney.com/kpi