Money Skills For Therapists

Linzy Bonham
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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.

  1. 202: Shared Finances, Shared Growth: Tackling Financial Dynamics in Couples

    2D AGO

    202: Shared Finances, Shared Growth: Tackling Financial Dynamics in Couples

    Money can sometimes feel easier to manage in your business than in your relationship. In this episode, I sit down with Ed Coambs to gently explore what happens when you bring your money skills home and begin navigating them alongside a partner. We talk about financial intimacy, emotional safety, and what it truly takes to have honest, grounded conversations when two nervous systems — and two lifelong money stories — are in the room. "Financial intimacy is the experience of being able to talk openly, safely, vulnerably about your shared financial life, your money hopes, dreams, aspirations, as well as your fears, worries, and anxieties." - Ed Coambs Building Financial Intimacy and Healthy Money ConversationsIn a relationship, money is rarely just about numbers. It’s about safety, power, vulnerability, and the stories we each carry from childhood into adulthood. In this conversation, Ed and I unpack how financial intimacy gets built — and how it quietly breaks down — through everyday conversations and unspoken dynamics. I often see couples fall into predictable roles: one partner pushes to engage with money, the other pulls away. Over time, these roles can harden into resentment or shutdown, especially when income shifts, career growth, or differing values enter the picture. Repair is possible! It begins with slowing down, naming old hurts, owning the part you’ve played in past conflicts, and choosing to approach money conversations with collaboration instead of defensiveness. When you tend to both the emotional and practical sides of money together, trust deepens — and conflict softens. Emotional Patterns, Relationship Shifts, and Money ConversationsMoney shows up in relationships through tone, body language, and nervous system reactions — not just spreadsheets. In this episode, we dig into what’s happening underneath the surface when money becomes tense. (00:04:39) Understanding Financial Intimacy (00:06:54) Exploring Emotions Around Money (00:15:21) Couples and Evolving Money Views (00:18:32) Navigating Money Dynamics in Relationships (00:21:52) Owning Your True Feelings (00:27:40) Modeling Respect Through Conversations (00:30:11) Money and Relationships with Kindness What It Really Takes to Talk About Money TogetherBuilding financial intimacy means learning how to stay present when money stirs up fear, shame, or old family patterns. When you start noticing the emotional tone of your conversations — not just the content — you can begin to shift from tension into connection. When you begin speaking honestly about what money really represents for you — security, freedom, worth, control — power struggles often soften. Over time, those small moments of repair and respect not only change your relationship, they quietly shape the money story your children will inherit as well. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and join the waitlist. Get to know Ed Coambs, CFP®, CFT-I™, LMFT: Ed Coambs is a financial therapist and the founder of Healthy Love and Money. Drawing from his experience in financial planning and couples therapy, he helps partners understand the emotional roots of money conflict and build financial intimacy grounded in safety and connection. He’s also the author of The Healthy Love and Money Way, where he explores how attachment styles influence our financial well-being and our closest relationships. Connect with Healthy Love and Money: Take the Attachment Style Quiz Related to Money: https://www.healthyloveandmoney.com/attachment-style-quiz Read the Book: https://www.healthyloveandmoney.com/the-healthy-love-and-money-way Listen to the Podcast: https://pod.link/1634843162 LinkedIn: https://www.linkedin.com/in/healthyloveandmoney/ Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    35 min
  2. 201: Building a Sellable Therapy Practice: Money, Mindset, and Options

    FEB 24

    201: Building a Sellable Therapy Practice: Money, Mindset, and Options

    For many private therapy practices, the end-of-the-road often looks like quietly closing the door, but it can be quite exciting to entertain the idea of selling your practice one day. In this episode, registered psychotherapist Liane Wood and I gently challenge you to explore what it actually means to build a sellable therapy practice—not because you should sell someday, but because thinking this way creates more freedom, sustainability, and financial clarity right now in your personal and professional life. We discuss the emotional blocks therapists face around identity and money, the practical systems that make a business transferable, and how shifting into a CEO mindset can turn your practice into a true asset rather than a job you can never leave. “You can be a compassionate, heart-centered therapist and a strategic practice owner at the same time.” — Liane Wood The idea of selling a private practice can bring up feelings of grief, guilt, or fear for many therapists—especially when the business feels deeply personal. And if that’s the case for you, I encourage you to tune into this episode to learn how separating who you are from what you own allows your practice to become more less stressful, and more profitable and resilient. From Therapist Identity to Business Asset: Key Conversations from This Episode Even if you’re years away from selling your practice, or it’s not even on your radar, making these shifts now creates options for your future: stepping back, delegating, taking real time off, or eventually passing your legacy on to someone aligned. (00:04:57) Therapist Identity vs. Business Ownership (00:07:37) Emotional Resistance to Selling or Stepping Away (00:14:58) What Actually Makes a Therapy Practice Attractive to Buyers (00:16:17) Why Systems, Branding, and Diversification Matter (00:24:18) How CEO-level Money Habits Change Everything Why Making Your Practice Sellable Changes Everything (Even If You Never Sell) One of my favorite takeaways from this conversation is this: building a sellable practice isn’t about exiting—it’s about creating options. When your business has clean finances, clear systems, diversified revenue, and a brand that isn’t dependent on you alone, everything feels lighter. You’re no longer trapped inside your own practice. Instead, you’re running a business that can support you, your clients, and potentially future owners long after you choose to reduce your personal hours or take a step back. Practical Takeaways for Therapists Thinking About the Long Game You are a business owner who practices therapy inside a container you’ve built. You are not the container itself.Track numbers regularly, separate personal and business finances, and pay yourself intentionally.Diversifying your income through group therapy, supervision, digital products, or associate teams increases the business’s sustainability and transferability.Implementing systems that include SOPs, clear workflows, and organizational branding ensures anyone can step into a role.A sellable practice gives you freedom—whether you sell, step back, or keep running the business forever. Building a practice that can be sold doesn’t mean you’re planning to leave—it means you’re honoring your future self. My hope is that this episode helps you see your work not just as meaningful, but also as valuable in a way that supports longevity, choice, and peace of mind. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and join the waitlist. Get to know Liane Wood: Liane Wood is the CEO of Build Your Private Practice Inc., where they’ve been helping mental health practitioners launch, grow, and scale thriving private practices since 2016. As a registered psychotherapist in Ontario, Canada, she is passionate about empowering therapists to build the private practices of their dreams while achieving both client care excellence and business success. Book a 60-minute Private Practice Strategy Call with Liane to map out a personalized growth plan for your practice—whether you want to scale, step back, or eventually sell. You can book at https://calendly.com/liane-lo0/strategy-session Website: https://www.buildyourprivatepractice.ca Email: info@buildyourprivatepractice.ca Instagram: https://www.instagram.com/buildyourprivatepractice Facebook: https://www.facebook.com/byppinc Mentioned in this episode: Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass

    32 min
  3. 200: Seasons of Entrepreneurship: Growth, Contraction, and the Truth About Business

    FEB 17

    200: Seasons of Entrepreneurship: Growth, Contraction, and the Truth About Business

    For our 200th episode of Money Skills for Therapists, I invited my business besties, Tiffany McLain and Maegan Megginson, to join me for a conversation that was more honest than polished. Together, we unpacked the real seasons of entrepreneurship — the times when you feel energized, expanding, and deeply aligned… and the times when you feel tired, restless, like you’re questioning everything, or quietly pulling back. If you’ve ever wondered whether it’s normal to feel both love and resentment toward your business at different points, this conversation is for you. Navigating the Seasons of BusinessRunning a therapy-focused business isn’t a constant upward climb. It has seasons of expansion, contraction, clarity, confusion. In this conversation, we let ourselves name that truth. We talked about what it feels like when you’re all in — launching, creating, hiring, dreaming bigger. And we also opened up about the quieter seasons: reducing your client load, winding down programs, letting team members go, or wondering if you even want to keep doing this work in the same way. There’s so much pressure in entrepreneurship to always be scaling. But sometimes wisdom looks like pulling back. Sometimes contraction isn’t failure — it’s integration. At the same time, building work you genuinely enjoy doesn’t happen by accident. It requires noticing your energy, building systems that support you instead of draining you, and being honest about what you’re doing because you want to rather than because you think you “should.” We also talked about money — because underneath many expansion or contraction decisions is a financial story. Cultural conditioning around money. Fear of losing relevance. Fantasies about quitting. Fantasies about scaling. And how helpful it is to have friends who understand the nuance of all of it. Listening to Your Season Instead of Forcing GrowthEntrepreneurship isn’t just strategy — it’s discernment. It’s noticing whether you’re in a building season or a gathering season. Whether something needs to grow… or gently end. 00:04:02 Life and Business Have Seasons 00:12:52 Shifting Beliefs in Business 00:14:25 Creative Business as Living Practice 00:24:06 Embracing Healthy Contraction 00:25:14 Winding Down with Care 00:32:46 Embracing Flexibility and Growth 00:38:21 Slow Down, Take a Breath 00:39:15 Discernment Before Building Something New 00:44:36 Value of Business Besties 00:46:02 Mastering Money for Therapists Letting Your Business Evolve with YouOne thing we kept circling back to is this: your business is allowed to change as you change. There are seasons where you build aggressively, seasons where you stabilize, seasons where you question everything, and seasons where you rediscover joy. You don’t have to cling to an old identity just because it once worked. You don’t have to keep scaling just because you can. And you don’t have to quit just because you’re tired. Sometimes the most mature move is slowing down long enough to ask, “What season am I actually in?” Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and join the waitlist. About Tiffany McLain: Tiffany McLain, LMFT is a clinical fee strategist for therapists in private practice. Her mantra is, “Full fees are the new black.” Via her program, The Lean In. MAKE BANK. Academy, she helps therapists ethically earn significantly more per month while seeing fewer clients and doing BETTER clinical work. The Lean In. MAKE BANK. Academy is a program that addresses the underlying money mindset stories that keep therapists broke so they can become THAT therapist who charges premium fees, cash pay. With the LIMB 4-step framework to make BANK, regular coaching calls to help you go to the next level, a phenomenal community of funny and intelligent therapists, be ready to get real raw and real rich. Connect with Tiffany McLain: Website: https://leaninmakebank.com/ Email: hey@leaninmakebank.com Instagram: https://www.instagram.com/leaninmakebank/ Facebook: https://www.facebook.com/leaninmakebank/ LinkedIn: https://www.linkedin.com/in/tiffanymclain/ About Maegan Megginson: Maegan Megginson is a spiritual advisor and sabbatical coach who supports leaders and small business owners at pivotal crossroads in life and work. As a former psychotherapist and founder of a seven-figure mental health agency, her approach blends therapeutic insight, grounded spiritual guidance, and practical business wisdom to help people recover from burnout, reconnect with their intuition, and clarify what’s next for their work. She believes tending to your inner world isn’t a detour from success—it’s the foundation for sustainable growth and meaningful impact. Connect with Maegan Megginson: Website: https://deeplyrested.com Email: maegan@maeganmegginson.com LinkedIn: https://www.linkedin.com/in/maegan-megginson/ Mentioned in this episode: Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass

    49 min
  4. 199: Building Financial Buffers for Group Practice Owners (and Surviving the Summer Slump)

    FEB 10

    199: Building Financial Buffers for Group Practice Owners (and Surviving the Summer Slump)

    Seasonal slowdowns can shake even the most well-run therapy practices—especially group practices navigating payroll, profit, and growth at the same time. This week, I sat down with Stef Iverson and Lucinda Bibbs, business partners and recent graduates of Money Skills for Group Practice Owners, to talk through what it really looks like to manage cash flow during a summer slump while still honoring long-term vision, wellness, and expansion. “I think it's just that the clarity and the reassurance, right? That we're on the right track...knowing the numbers has really helped us make non-emotional decisions. And just having clarity on what's actually on the paper and what are those numbers actually telling us? They're telling us a story and they're holding up a mirror and they're allowing us to make changes and pivots as we, as we need to." - Stefanie Iverson Stef and Lucinda came into this conversation fresh off their first slower season since implementing Profit First—and instead of panic, they brought curiosity. We talked through how their profit account temporarily buffered operating expenses, what that revealed about their numbers, and how to proactively plan for next summer so slow seasons don’t feel scary or reactive. Using Financial Clarity to Stay Grounded During Seasonal Revenue DipsWhat stood out most to me was how empowering it can be to replace “scrambling” with structure. When you know your numbers and intentionally build safety into your business, you give yourself permission to rest, plan, and make thoughtful decisions—even when revenue temporarily dips. (00:03:34) Navigating Profit Slumps & Business Growth Effectively (00:07:12) Savings Buffer Analysis to Prevent Pulling from Profit (00:12:29) Consistent Owner Draws and Keeping Profit Separate (00:16:06) Preparing for Economic Uncertainty and Anticipated Slow Seasons (00:20:58) Balancing Leadership and Growth with Work, Delegation, and Passions (00:26:45) Prioritizing Your Energy and Your Relationships (00:30:54) A Successful Partnership Built on Transparency (00:34:10) Evaluating and Expanding Services Offered (00:38:18) Tree Metaphor for Growth - With a Stable Trunk, Your Branches Can Reach Stability First, Then Innovation: Growing Without Undermining the FoundationWe talked through how to experiment with offering new wellness services without neglecting the “main ship” of the group practice—and how to tell the difference between an idea that needs more time versus one that isn’t financially aligned right now. Key Takeaways for Therapists Navigating Slow Seasons or Growth Build buffers before you need them. Aim to have 2–3 months of operating expenses in your account so seasonal dips don’t trigger panic. Let stability lead. It’s okay to temporarily prioritize cash reserves over profit distributions. Test new offerings slowly. Pilot, track results, and adjust before fully committing. Protect the core practice. New ideas are exciting, but the existing business needs consistent care. Communicate clearly with partners. Transparency reduces emotional decision-making and strengthens trust. Slow seasons don’t mean you’re doing something wrong—they’re part of running a real business. With clear numbers, intentional buffers, and honest conversations, you can build a practice that feels both secure and flexible enough to grow in the directions that matter most to you. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Join the waitlist for Money Skills for Group Practice Owners. This course takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Get to know Stefanie Iverson & Lucinda Bibbs: Stefanie Iverson and Lucinda Bibbs are the co-owners of New Ground Wellness Collective (formerly South Okanagan Counselling), a group therapy practice based in Penticton, British Columbia, which they founded in 2022. As their practice grew, they recognized that strong clinical care alone wasn’t enough—they needed a deeper, more confident understanding of the financial side of group practice ownership. After completing Money Skills for Group Practice Owners, they began implementing clearer financial systems, Profit First principles, and more intentional decision-making across their business. Stefanie and Lucinda are now focused on systemization, metrics tracking, and exploring a potential shift from an independent contractor model to an employee-based structure, including future leadership roles within the practice. Their work reflects a thoughtful, values-driven approach to growth—balancing sustainability, collaboration, and long-term stability for both their team and community. Follow New Ground Wellness (formerly South Okanagan Counselling): https://www.newgroundwellness.ca/ hello@newgroundwellness.ca https://www.instagram.com/newgroundwellnesscollective Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    48 min
  5. 198: Parenting With Purpose: Passing on Healthy Beliefs About Money

    FEB 3

    198: Parenting With Purpose: Passing on Healthy Beliefs About Money

    One of the most powerful (and often unspoken) ways we shape our kids’ relationship with money is through our own financial values and beliefs. The way we talk about money, how we feel about money and the habits we build around money ultimately become inherited by our children. In this solo episode, I reflect on the big hand we play as parents in creating our kids' money stories. I also explore what it looks like to model healthier financial skills with intention, clarity, and compassion—and why this work is as much a gift to ourselves as it is to the next generation. Modeling Healthy Money Skills for the Next GenerationOur kids look to us for guidance. They’re always watching us, listening to us and absorbing everything we say and do, and it’s no different when it comes to money. We’re the ones teaching them and planting those seeds—whether we mean to be or not. The way we talk about money, react to stress, or make everyday decisions becomes the foundation of their financial narrative, shaping what they believe is normal, possible, or scary. That’s why it’s really important to stop and think about what we want to be modeling to our kids about money. Start by getting clear on your own values around money, including: What you want your kids to emotionally associate with money (stress, confidence, neutrality, joy).The beliefs you want to model around responsibility, self-sufficiency, generosity, and justice. When you become more intentional with both your beliefs and your emotions, you create space for open conversations, skill-building, and confidence—helping your children develop a relationship with money that feels grounded, empowered, and aligned with the life you want for them. Raising Money-Aware Kids in an Intentional Way Look for moments where everyday language and emotional reactions become powerful teaching tools. You’ll notice how small shifts in awareness can transform money from a source of stress or silence into something you and your kids can talk about with honesty, clarity, and care. (00:06:45) Modeling Healthy Money Habits (00:08:01) Teaching Kids to Talk About Money (00:11:16) Navigating Emotional Reactions Around Finances Building a Healthier Money Story at HomeYour words, reactions, and everyday habits quietly shape the money stories your kids carry into adulthood. By getting honest with your own values around money, you can model what you actually want to pass on to them, instead of defaulting to inherited beliefs or unconscious patterns. You’ll also start to notice how emotional responses like stress, avoidance, or openness become powerful teachers, often more impactful than any formal lesson. This creates space to rethink money as a tool and a form of power that can be used responsibly and in alignment with your values. Ultimately, it’s about giving your kids practical skills, emotional confidence, and a healthier relationship with money than many of us were ever taught. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and join the waitlist. Get to Know Linzy Bonham: Linzy Bonham is a private practice therapist turned money coach who helps private practice owners and health professionals feel calm and in control of their finances through her coaching at Money Nuts & Bolts and her podcast Money Skills for Therapists. It all started when she saw her extremely skilled colleagues struggle with the money side of business. Some had even left private practice, or were avoiding starting one, because the financial side was too stressful. So Linzy decided to help therapists and health professionals develop peace of mind about their money. Since so many were never taught these skills, she focuses on the “how” of making the business side of private practice doable, and even super satisfying. Follow Linzy Bonham: About Page: https://moneynutsandbolts.com/about/ LinkedIn: https://www.linkedin.com/in/linzybonham/ Instagram: https://www.instagram.com/moneynutsandbolts/ Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    15 min
  6. 197: Money, Boundaries, and Lessons from Group Practice Ownership

    JAN 27

    197: Money, Boundaries, and Lessons from Group Practice Ownership

    As therapists, most of us were never taught how to run a business—let alone how to manage money, payroll, hiring, or leadership in a way that’s both ethical and sustainable. Licensed therapist and group practice owner Gordon Brewer and I talk openly about money mindset, generosity, boundaries, hiring mistakes, and what it really takes to create a financially sustainable group practice without burning yourself out or sacrificing quality of care. If you identify as a people-pleaser, an over-giver, or a “nice” leader who are quietly paying the price for unclear boundaries, this episode is for you. Gordon opens up about what didn’t work when building his group practice, what had to change, and how learning to lead with clarity—rather than guilt—ultimately benefited both his team and his business. “Being kind means setting expectations and boundaries, so people know what to expect. Being nice often means avoiding those conversations—and that’s where things fall apart.” — Gordon Brewer Mistakes Made and Lessons Learned: Building a Sustainable Group PracticeGordon shares how over-giving with compensation, avoiding hard conversations, and underestimating the importance of clear financial systems led to stress and instability in his practice. Through hiring missteps, money mindset work, and implementing Profit First, he learned that sustainable leadership requires clarity, boundaries, and a willingness to course-correct. (00:04:16) Gordon’s Journey to Owning a Group Practice and Hosting a Podcast (00:09:37) Sustainability Over Generosity: Lessons in Business (00:13:08) Navigating Money Stigma in Group Practice Ownership (00:17:51) Money Management and Hiring Lessons (00:20:05) How Boundaries and Values Shape Your Success with Finances (00:23:39) Parenting: Commands Disguised as Questions (00:27:03) Employee Benefits vs. Contracting (00:31:07) Planning for Financial Stability and Rebuilding a Sustainable Practice (00:36:43) How to Avoid Over-Giving in Your Private Practice Building a Practice That’s Generous and SustainableGordon’s reflections highlight a truth I see again and again in my work with therapists: sustainability doesn’t come from good intentions alone. It comes from aligning your values with clear business decisions, financial transparency, and leadership that supports everyone involved—including you. Key takeaways you can apply right now: Run the numbers before calling something “generous.” High splits, low fees, or extra perks aren’t generous if they put your practice at risk. Sustainability is what allows generosity to continue. Being “nice” can quietly lead to burnout. Avoiding boundaries and hard conversations may feel compassionate in the moment, but it often creates resentment and instability over time. Kind leadership is clear leadership. Setting expectations upfront—and holding people to them—is one of the most respectful things you can do for your team. Money stories shape business decisions more than we realize. Beliefs about greed, selfishness, or worthiness often come from family or faith backgrounds and deserve to be examined—not blindly obeyed. It’s never too late to course correct. Gordon’s willingness to rebrand, rebuild systems, and restructure his business model created a healthier practice that better served everyone involved. If you’re noticing patterns of over-giving, financial stress, or people-pleasing in your practice, I hope this episode helps you feel less alone—and more empowered to lead with clarity and confidence. Sustainable, ethical business decisions aren’t a betrayal of your values. They’re how you protect them. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Join the waitlist for Money Skills for Group Practice Owners. This course takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Get to know Gordon Brewer: Gordon Brewer, MEd, LMFT is a licensed marriage and family therapist, group practice owner, and host of The Practice of Therapy podcast, where he supports clinicians in building sustainable, values-aligned private practices. With decades of experience in the mental health field, Gordon brings a grounded, real-world perspective to leadership, money mindset, hiring, and financial systems in group practice ownership. He is also an AAMFT Approved Supervisor and consultant, known for sharing both his successes and hard-earned lessons with honesty and generosity. Follow Gordon Brewer: LinkedIn: https://www.linkedin.com/in/psychcraftllc/ Website: https://practiceoftherapy.com/ Email: gordon@practiceoftherapy.com Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    43 min
  7. 196: Pricing Group Therapy Offers Without Guilt

    JAN 20

    196: Pricing Group Therapy Offers Without Guilt

    As therapists, many of us feel a deep tension when it comes to pricing—especially when we’re creating group offers, workshops, or professional-facing experiences during uncertain social, political, and economic times. In this coaching episode, I sit down with trauma therapist Kim Torrence to explore what really comes up when we try to assign value to our work: fears about accessibility, old beliefs about service and self-sacrifice, money shame, and the pressure to “get it right” before we ever put an offer out into the world. This conversation goes far beyond the math of pricing. Together, we unpack the emotional and mindset barriers that often keep therapists stuck offering their most meaningful work for free or far below what’s sustainable. If you’re navigating private practice finances, pricing group offers, or wondering how to honor both your values and your own well-being, this episode is here to support you with clarity, reassurance, and grounded next steps. Charging for Group Work in Your Therapy PracticeWe talk about why pricing is deeply connected to mindset and visibility, not just numbers, and how perfectionism or overcomplicated tech can quietly keep meaningful offers stuck on the sidelines. Our conversation centers on starting simply, naming your value clearly, and allowing confidence to build through real-world action. (00:06:02) Helping Others Through Feelings of Loneliness (00:07:17) Operating Business as Usual During a Crisis (00:12:16) Valuing Self-Care for Therapists (00:14:50) Authentic Healing for Deep Thinkers (00:18:29) B2B Value and Pricing Insights (00:21:18) Valuing Group Offerings Effectively (00:24:52) Self-Worth and Vulnerability (00:26:36) Creating a Supportive Success Container (00:31:57) Gather Feedback, Build Testimonials (00:33:42) Stop Overcomplicating Your Work (00:36:24) Owning Your Value in Practice From Free to Paid: Navigating Pricing, Visibility, and Worth as a TherapistIf Kim’s experience feels familiar, you’re not alone. Here are a few reflections and actions I invite you to consider as you navigate pricing, worthiness, and financial sustainability in your own practice: Give your offer the credit it deserves.Even a lunch-hour workshop or short group can be deeply transformational. Duration and ease do not determine impact.Price for the right people, not everyone.Instead of focusing on who can’t afford your offer, get clear on who it’s truly for—especially when your work supports other professionals who carry that value forward into their own communities.Separate worth from accessibility narratives.Pricing your work sustainably doesn’t make you selfish or out of touch. It allows you to keep showing up, serving, and caring for yourself long-term.Keep it simple and start anyway.You don’t need a perfect website, branding, or tech stack. A clear Google Doc explaining who the offer is for, why it matters, and how to join is more than enough to begin. Your skills, knowledge, and presence—yes, even in a modest group format—are valuable. Pricing them too low doesn’t make your work more accessible; it often just makes it harder to keep going. When you name the real impact of what you offer, you give others permission to invest in themselves, too. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and register for Money Skills for Group Practice Owners. Get to Know Kim Torrence: Kim Torrence is a trauma therapist specializing in burnout prevention and perfectionism recovery for high-achieving women professionals who are exhausted from trying to do it all. She integrates Somatic Experiencing and Internal Family Systems (IFS) to help clients experience greater peace, confidence, and connection with their authentic selves. After transitioning fully off insurance panels, Kim is now exploring creative group offers as a way to support her community while building a financially sustainable, values-aligned private practice. Follow Kim Torrence: Website: https://kimtorrence.com/ Free Offer: Free group healing movement session for listeners! Email: kim@kimtorrence.com Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    42 min
  8. 195: When Valuing Yourself Changes Your Circle: Money, Friendship & the Grief of Growth

    JAN 13

    195: When Valuing Yourself Changes Your Circle: Money, Friendship & the Grief of Growth

    As we begin to take our financial needs seriously—raising fees, setting boundaries, and valuing our work—those shifts don’t stay contained to our businesses. They often ripple into our personal lives, especially our friendships. In this episode, I talk about what can happen when we move from self-sacrifice to self-advocacy, and how that transition can quietly (or painfully) change the dynamics of the relationships we’ve built. I explore why some friendships feel strained when old patterns of caretaking and over-giving no longer fit, and I name the very real grief that can come with outgrowing relationships that once felt safe or familiar. This isn’t about blame or “doing friendships wrong.” It’s about understanding that growth—especially financial and personal growth—can be both liberating and tender at the same time. If you’ve ever felt conflicted between honoring your own needs and preserving friendships you care about, this episode is for you. I offer a compassionate lens for making sense of these changes and reassurance that while some connections may fall away, others—often deeper and more mutual—can emerge in their place. When Taking Your Financial Needs Seriously Changes Your Friendships(00:01:45) Noticing Your Personal Needs as Your Practice (and Life) Evolves (00:05:18) Boundaries, Self-Worth, and Shifting Toward Mutual Relationships (00:08:37) How Changing Beliefs About Money and Systems Can Create Distance (00:12:49) Grieving Friendships That No Longer Fit Who You’re Becoming (00:13:59) Making Space for New or Deepened Connections From Self-Sacrifice to Self-Worth: Redefining Friendships as Your Relationship with Money ChangesAs I’ve grown in my own relationship with money and self-worth—and as I’ve supported hundreds of therapists in growing their practices, earning more, and redefining what success looks like—I’ve seen this pattern again and again. When we stop undercharging, over-giving, or minimizing ourselves, our internal shifts often ripple outward into our friendships and relationships. As our values around money, time, and worth evolve, the relational landscape can change in ways that feel confusing, tender, or even unsettling at first. Here are a few reflections to hold as you navigate this season: Valuing your time changes relational expectations When your time and energy matter more to you, friendships rooted in imbalance may feel harder to sustain.Honoring your needs can reveal misalignment Some relationships deepen when both people embrace self-advocacy; others struggle when old roles no longer apply.Growth often brings both grief and renewal It’s normal to mourn what’s changing—and also to make room for friendships that align with who you’re becoming. Financial self-care doesn’t just affect your business—it shapes how you show up in relationships. If you’re feeling sadness, confusion, or even relief as friendships evolve, you’re not doing anything wrong. You’re growing. And on the other side of that growth, there is space for connection that feels more mutual, supportive, and true to you. Ready to Improve your Business Money Skills?Are you a Solo Private Practice Owner? I made this course just for you: Money Skills for Therapists. My signature course has been carefully designed to take therapists from money confusion, shame, and uncertainty – to calm and confidence. In this course I give you everything you need to create financial peace of mind as a therapist in solo private practice. Want to learn more? Click here to register for my free masterclass, “The 4 Step Framework to Get Your Business Finances Totally in Order.” This masterclass is your way to get a feel for my approach, learn exactly what I teach inside Money Skills for Therapists, and get your invite to join us in the course. Are you a Group Practice Owner? Money Skills for Group Practice Owners is a six-month course that takes you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice. Click here to learn more and register for the January 2026 cohort. Get to Know Linzy Bonham: Linzy Bonham is a private practice therapist turned money coach who helps private practice owners and health professionals feel calm and in control of their finances through her coaching at Money Nuts & Bolts and her podcast Money Skills for Therapists. It all started when she saw her extremely skilled colleagues struggle with the money side of business. Some had even left private practice, or were avoiding starting one, because the financial side was too stressful. So Linzy decided to help therapists and health professionals develop peace of mind about their money. Since so many were never taught these skills, she focuses on the “how” of making the business side of private practice doable, and even super satisfying. Follow Linzy Bonham: About Page: https://moneynutsandbolts.com/about/ LinkedIn: https://www.linkedin.com/in/linzybonham/ Instagram: https://www.instagram.com/moneynutsandbolts/ Mentioned in this episode: 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 on the link to find a masterclass time that works for you! Register for Linzy's Free Masterclass Start Feeling Calm and Confident About Your Group Practice Finances Feeling overworked and underpaid in your group practice? You’re not alone. Running a group practice can feel like carrying the weight of everyone’s paychecks — including your own — and wondering if it’s all really worth it. That’s why I created a free guide called “How to Stop Feeling Overworked and Underpaid in Your Group Practice.” Inside, I’ll walk you through the four keys to becoming the confident financial leader your practice needs — so you can start feeling calm and in control of your money again. This guide is the first step toward the same kind of financial clarity and confidence I teach inside my deeper program, Money Skills for Group Practice Owners. 🙌 Download your free copy today — and let’s start building a group practice that supports you, not just everyone else. Get the Free Guide: How to Stop Feeling Overworked & Underpaid in Your Group Practice

    18 min
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About

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.

Information

  • Creator
    Linzy Bonham
  • Years Active
    2021 - 2026
  • Episodes
    205
  • Rating
    Explicit
  • Copyright
    © 2025 - Money Nuts & Bolts Inc.
  • Show Website
    Money Skills For Therapists

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