Money Skills For Therapists

Linzy Bonham

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. 3d ago

    226: From Emotional to Grounded Decision Making in Group Practice

    What happens when you press pause on making financial decisions in your group practice? In this solo episode, Linzy digs into the reasons why group practice owners often make reactive, emotionally driven decisions in business. She also uncovers the three most common financial mistakes that group practice owners make and shares what it takes to make grounded financial decisions in group practice. Whether you run a group or solo practice, this episode offers valuable insights to give you the clarity and confidence you need to make intentional, strategic choices in your business that allow you to build a healthy, sustainable practice. Doors are open for the Fall 2026 cohort of Money Skills for Group Practice Owners, which starts in October. Visit moneyskillsfortherapists.com/msgpo to learn more or register today to save your spot in the Monday or Thursday session. Timestamps: 02:48 - Emotionally driven decision making in group practice 08:37 - The three most common financial mistakes group practice owners make 16:45 - Grounded decision making in group practice 18:41 - Anchoring financial decisions to your top three values 21:05 - Being with your numbers at three different levels 26:47 - Pressing pause on financial decisions in private practice Mentioned in this Episode: Ep 223: Give Every Dollar a Job: Creating Meaning & Purpose for Your Money Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot or register to receive the replay. You can also join the private WhatsApp community to connect with other therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today. For dedicated coaching and support with your group practice finances, register for our October 2026 cohort of Money Skills for Group Practice Owners. For dedicated coaching and support with your solo practice finances, join the Money Skills for Therapists waitlist to hear when enrollment opens for our January 2027 cohort. About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. You can learn more about Linzy here. Connect with Linzy: LinkedIn Instagram Facebook

    226: From Emotional to Grounded Decision Making in Group Practice
  2. Sep 8

    225: The Financial Problem Hiding a Deeper Issue with Lauren Worley

    What if the financial challenge you’re facing in your practice isn’t actually what you think it is, but something larger? In this coaching conversation, Linzy sits down with Money Skills for Group Practice Owners graduate Lauren Worley to dive deep into a problem that Lauren is experiencing in her group practice: the money isn’t there, even though it seems like it should be. As they dig into Lauren’s numbers and start to explore why things are financially tight, it becomes apparent that the thing Lauren initially thought was the issue within her practice is just a distraction to a deeper problem. Once they uncover the real financial problem, they are able to focus on what needs to change in order for Lauren’s group practice to be financially healthy and stable. Group practice is a complex machine, but this episode will show you that when you are able to look at and understand your numbers, and be curious about the math and about finding solutions to your problems, you can make changes that will transform the financial health and sustainability of your practice. Timestamps: 04:04 – The current financial struggle: Insurance companies not paying 09:32 – Setting up the group practice machine to be stable 13:42 – Deciding which insurance companies to work with 19:47 – Looking at the numbers to identify the real financial leak 22:46 – Using the Team Tool to be curious about what needs to change 27:03 – Redefining stability for a practice of this size 29:50 – Getting clear on a goal and next steps Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot or register to receive the replay. You can also join the private WhatsApp community to connect with other therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today. For dedicated coaching and support with your group practice finances, register for our October 2026 cohort of Money Skills for Group Practice Owners. For dedicated coaching and support with your solo practice finances, join the Money Skills for Therapists waitlist to hear when enrollment opens for our January 2027 cohort. About Lauren Worley: Lauren Worley is a Licensed Clinical Social Worker (LCSW) and certified Brainspotting therapist based in Burbank, California. She runs a group practice called Foothills Psychotherapy, where all the therapists are trained in Brainspotting and other somatic modalities. The practice specializes in working with high-achieving adults, queer individuals, neurodiverse kids and adults, and others navigating the lasting impact of trauma, burnout, and people-pleasing. Connect with Lauren: foothilllspsychotherapy.com About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. You can learn more about Linzy here. Connect with Linzy: LinkedIn Instagram Facebook

    225: The Financial Problem Hiding a Deeper Issue with Lauren Worley
  3. Sep 1

    224: From Courage to Confidence: Taking Action on Big Ideas with Wendy Pitts Reeves

    Are you tired of deferring your dreams, but feel stuck when it comes to making them happen? In this episode, Linzy is joined by therapist-turned-entrepreneur Wendy Pitts Reeves to talk about Wendy’s C2C (Courage to Confidence) Success Cycle — a proven process that helps practice owners move through the fears of entrepreneurship, take action on big ideas, and build momentum on their boldest dreams. Wendy walks through her repeatable 7-step framework, and together, she and Linzy share their own experiences of feeling the fear and doing it anyway. If you’ve been dreaming about doing something different or building something new, this episode will inspire you to think about your vision, notice where you may be stuck, and take the next step forward to turn your big, scary, “crazy” dreams into reality. Timestamps: 04:21 – The C2C (Courage to Confidence) Success Cycle for personal and professional growth 07:01 – Moving from ideation to action with the repeatable 7-step framework 07:53 – The power of deciding 08:24 – The importance of declaring 09:32 – Don't get stuck on "The How" 13:24 – Imperfect action moves you forward 27:00 – When something in you wants more 29:38 – The fear doesn't go away 33:40 – Give yourself permission to go after what you're called to do Mentioned in this Episode: Episode 48: Lighten Up and Enjoy the Money You Make! with Linzy Bonham (on the Ideal Practice podcast) Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot or register to receive the replay. You can also join the private WhatsApp community to connect with other therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today. For dedicated coaching and support with your group practice finances, register for our October 2026 cohort of Money Skills for Group Practice Owners. For dedicated coaching and support with your solo practice finances, join the Money Skills for Therapists waitlist to hear when enrollment opens for our January 2027 cohort. About Wendy Pitts Reeves, LCSW: A therapist-turned-entrepreneur, Wendy is redefining what private practice can look like for healers who want more easy, more income and way more impact, without selling out or burning out. With 25+ years of clinical and business experience — and an intuitive knack for naming what’s really getting in your way — she helps smart, soulful healers create practices that are as profitable as they are purposeful. She’s the founder of C2C Consulting and host of the Ideal Practice™ podcast, where she brings honest conversations, sharp strategy, and a whole lot of heart to every episode. She’s known for making the hard stuff doable — and even fun. From building a thriving group practice to working in public service to launching solo ventures that actually pay the bills, Wendly’s been there — and she brings it all to the table for practice owners who don’t just want to hustle… They want to rise. Connect with Wendy: Email: wendy@wendypittsreeves.com Ideal Practice™ Podcast Free Resources About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. You can learn more about Linzy here. Connect with Linzy: LinkedIn Instagram Facebook

    224: From Courage to Confidence: Taking Action on Big Ideas with Wendy Pitts Reeves
  4. Aug 25

    223: Give Every Dollar a Job: Creating Meaning & Purpose for Your Money

    What becomes possible when you’re intentional with your money? In this co-hosted episode, Linzy & Diane dive into a conversation about money that’s both philosophical and practical. Together, they explore the idea that money is essentially an inert tool — it doesn’t have meaning until we determine its purpose and give it a job. Linzy and Diane talk about practical ways to give your dollars a clear function, and they reflect on what they’ve seen shift and change in their own lives as they’ve shown up in their businesses, made investments, and created meaning with their money. When you’re intentional with your money, your dollars can become skills, systems, freedom, growth, and the building blocks for the business and life you want to create. Timestamps: 01:29 - Why money needs purpose and direction 03:22 - When money sits unused or moves without intention 07:25 - Giving every dollar a specific job 13:55 - Using money for buffers, taxes, and future goals 19:14 - Investing extra business money in skills 22:41 - Why investments must be followed by action 26:20 - Choosing what to learn and who to learn from 29:23 - Building courage, self-trust, and financial resilience 34:09 - Money Skills for Group Practice Owners: the BC grant and the first in-person events Mentioned in this Episode: Ed Coambs Ep 170: Healing Financial Trauma with Ed Coambs Ep 202: Shared Finances, Shared Growth: Tackling Financial Dynamics in Couples with Ed Coambs Lindsay Bryan-Podvin Ep 40: Managing Financial Anxiety and Preparing for a Recession with Lindsay Bryan-Podvin Tiffany McLain Ep 60: Raising Fees and Showing Up Differently with Tiffany McLain Ep 216: Podcast Takeover: How to Build a Life First Fee Therapy Practice with Tiffany McLain Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot or register to receive the replay. You can also join the private WhatsApp community to connect with other therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today. For dedicated coaching and support with your solo practice finances, join the Money Skills for Therapists waitlist to hear when enrollment opens for our January 2027 cohort. For dedicated coaching and support with your group practice finances, register for our October 2026 cohort of Money Skills for Group Practice Owners. About Diane Webber: Diane Webber is a licensed professional counselor and certified financial social work counselor with a fully online private practice in Northeastern Pennsylvania. She’s also a proud member of the Money Skills for Therapists coaching team. About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. You can learn more about Linzy here. Connect with Linzy: LinkedIn Instagram Facebook

    223: Give Every Dollar a Job: Creating Meaning & Purpose for Your Money
  5. Aug 18

    222: When Professional Development Becomes a Financial Leak with Katie Grant

    When does investing in your growth stop serving you — and start draining your finances? In this coaching conversation, Linzy sits down with Money Skills for Therapists graduate Katie Grant to explore how the constant drive to become a "better" therapist has turned professional development into a financial leak in their business. Together, they uncover the deeper story behind Katie's need to accumulate education and chase achievement, and they find a grounded path forward — one that supports Katie’s continued learning and financial wellbeing. If you're a high achiever, perfectionist, or therapist who always feels like you should know more, this episode is for you. Timestamps: 04:25 - How Profit First Made the Debt Visible 09:45 - Professional Development as a Financial Leak 13:15 - The Childhood Roots of Needing to Be the Best 17:47 - When Achieving Becomes the Downfall 24:41 - The 12-Year-Old with the Checkbook 26:58 - Bringing an Adult Money Part into Purchase Decisions 28:01 - Turning Caregiving Energy Toward Herself 30:51 - A Separate Profit First Account for Professional Development 38:26 - Running the Numbers Before Making a Drastic Move Related episode: Episode 155FF - Making Better Decisions About Professional Development Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot or register to receive the replay. You can also join the private WhatsApp community to connect with other therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today. If you want dedicated coaching and support with your solo practice finances, join the Money Skills for Therapists waitlist to hear when enrollment opens. Meet Katie Grant: Katie Grant, MS, LCPC, LMHC, LPC, is a queer and neurodivergent trauma therapist with 20 years of experience and postgraduate training, with concentrations in EMDR Therapy, complex trauma, and dissociation. Katie is an EMDRIA Approved EMDR Therapist and Approved Consultant. She is passionate about providing affirming therapy to LGBTQIAP+ and neurodivergent clients, including those who are Autistic or ADH. Katie was diagnosed with ADHD at age 37, when she was also thrilled to find that she no longer qualified for a PTSD diagnosis. Early in their career, Katie realized that she would not function optimally in agency settings that normalized overscheduling and underserving. She opened a solo private practice in 2013 and currently operates out of Davenport, Iowa. Katie is licensed as a counselor in Iowa, Illinois, and Wisconsin. They believe the very best therapists are those who also attend therapy and continually work on improving their own awareness and wellbeing. Connect with Katie: Counseling website Facebook Instagram Just Another F*****g Growth Opportunity JAFGO Instagram About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, free workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. You can learn more about Linzy here. Connect with Linzy: LinkedIn Instagram Facebook

    222: When Professional Development Becomes a Financial Leak with Katie Grant
  6. Aug 11

    221: How to Keep Clients Coming Back: Retention for Solo and Group Practice with Elana Sures

    Does your practice look busy, but the numbers tell a different story? In this episode, Linzy is joined by Elana Sures, creator of the Client Retention System (and recent Money Skills for Group Practice Owners graduate), to talk about client retention — a key metric in both group and solo practice. Together, they discuss what retention actually measures, why it can feel so uncomfortable for therapists and practice owners to talk about, and how improving retention benefits both the clinical relationship and the financial health of the practice. Elana also shares the four C's of client retention and practical strategies to help keep clients coming back to do the meaningful work they set out to do in therapy. Want to join Linzy and Elana in British Columbia on August 15th for the Pacific Northwest Meet-Up for Group Practice Owners? Register here to save your spot. For a full transcript and more takeaways from the episode, check out this post. Connect with Elana Sures: Elana Sures is a Registered Clinical Counsellor, Approved Clinical Supervisor, and the founder of Open Space Counselling, a Vancouver group practice with two locations and a team of 20+ therapists. Elana supports practice owners through her consulting company, Group Practice Performance, and in her training program, Client Retention System. Get the Client Retention System here, and use code MONEYSKILLS10 for 10% off. Website: grouppracticeperformance.com Instagram: @elana.sures Facebook group for group practice owners: The High Performing Practice Free guide: The First Session Want to feel more calm and confident about your money? Join one of Linzy's online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot — or register to receive the replay. You can also join the private WhatsApp community to connect with therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today! About Linzy Bonham Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, free workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. Learn more about Linzy at moneyskillsfortherapists.com/about.

    221: How to Keep Clients Coming Back: Retention for Solo and Group Practice with Elana Sures
  7. Aug 4

    220: The Credit Card Habit That Helps Create Financial Clarity

    Does your credit card feel like Monopoly money because the cash is still sitting in your bank account after you’ve made a purchase? In this solo episode, Linzy explains why an expense occurs the moment you use your credit card — not later when you pay your credit card bill — and how paying your credit card weekly instead of waiting for the monthly statement is a simple yet powerful habit that can create greater financial clarity, improve cash flow awareness, and help you stay in control of your money. Whether you pay off your credit card in full every week, you’re trying to avoid adding to an existing balance, or you're actively paying down credit card debt, Linzy shares a practical strategy for building a payment routine that is sustainable for your financial situation. Episode Timestamps: 01:32 - Starting Season 16 with a Practical Money Habit 03:10 - Who the Weekly Credit Card Payment Strategy Can Help 05:17 - Why a Credit Card Payment Is Not a New Expense 07:07 - How Credit Card Statements Can Blur Your Financial Picture 09:01 - Integrating Credit Card Payments into Profit First Disbursements or Money Time 10:54 - Why Debt Repayment Should Not Create Financial Precarity 11:13 - How to Keep New Charges from Adding to Existing Debt 12:18 - Paying Historical Debt Down Slowly and Sustainably 13:18 - Using Small Weekly Habits to Create Consistent Progress 15:08 - Adapting the Practice to Your Money Schedule Want to feel more calm and confident about your money? Join one of Linzy's free online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot — or register to receive the replay. You can also join the private WhatsApp community to connect with therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today! About Linzy Bonham Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. Learn more about Linzy at moneyskillsfortherapists.com/about-us

    220: The Credit Card Habit That Helps Create Financial Clarity
  8. Jul 28

    219: The Freedom and Responsibility of Self-Employment with Diane Webber

    You may have chosen to go into private practice because you wanted more freedom, only to find yourself recreating the same traditional workweek you were trying to leave behind. When success has always looked like putting in your time, staying busy, and being available throughout the workday, stepping away from your desk can feel like playing hooky, which can be uncomfortable — even when your business is stable and your clients are well supported. In this “Best Of” episode, Linzy revisits one of the most downloaded conversations from the past year with Diane Webber, a financial therapist, private practice owner, and coach in the Money Skills programs. Together, they explore the freedom, responsibility, uncertainty, and purpose that can come with self-employment. Diane shares how private practice has allowed her to be present for her family while navigating the changing needs of the sandwich generation. She and Linzy also talk about why therapists do not have 40 hours of quality emotional energy to give every week, how rest and time away support better clinical work, and why appearing busy is not the same as doing meaningful work. Their conversation also turns to the ongoing work of managing money as business owners. Financial systems cannot always be reorganized quickly because money is still coming in and going out while the changes are happening. Diane explains why patience, small wins, and confidence in the decision-making process matter more than trying to fix everything at once. If you have been measuring your success by the number of hours you work, feeling guilty when you step away, or trying to overhaul your finances in one intense burst, this episode will help you think differently about what a sustainable private practice can look like. Timestamps: 03:30 - Meet Money Skills Coach Diane Webber 04:16 - The Highs and Lows of Self-Employment 05:17 - What Freedom in Private Practice Can Look Like 06:05 - Self-Employment and the Needs of the Sandwich Generation 07:41 - Building a Business That Supports Time Away 08:01 - Unlearning the Need to Put In Your Time 09:39 - Why Quality Matters More Than Quantity 10:26 - Therapists Do Not Have 40 Hours of Emotional Energy 11:16 - Giving Yourself Permission to Step Away 12:54 - Letting Your Brain Work in the Background 13:56 - The Performance of Busyness and Pseudo-Productivity 14:41 - Understanding and Honoring How You Work Best 17:34 - Variety, Change, and Using Different Parts of Your Brain 18:17 - Why Money Skills Work Can Feel More Concrete 20:00 - Creating Order in Work That Often Feels Messy 22:00 - Building Confidence in Your Financial Process 22:33 - Learning Money Skills While Money Is Still Moving 23:30 - Creating a Sustainable, Ongoing Relationship with Money 24:43 - Do All Private Practice Owners Identify as Entrepreneurs? 29:33 - Finding a Gap and Building Work Around It 30:33 - How Owning Your Niche Helps the Right Clients Find You 32:22 - Outsourcing Work You Do Not Enjoy 33:00 - Freedom, Responsibility, and the Thrill of Self-Employment 34:06 - Diane's Financial Therapy Practice 35:29 - Linzy's Final Reflection and Community Invitation Connect with Diane Webber: Diane is a licensed professional counselor and certified financial social work counselor with a fully online private practice in Northeastern Pennsylvania. She serves clients experiencing financial anxiety, general anxiety, strained relationships, grief, loss, and life transitions where money is part of the picture. Diane is also a proud member of the Money Skills for Therapists coaching team, enthusiastically celebrating successes as members of the program redefine their money mindsets and sharpen their money skills. Website: https://www.dianewebber.me/ For other episodes with Diane, check out: Episode 97: Compassionate Approaches to Finances with Diane Webber Episode 213: Adapting Your Business and Team for a Changing Market About Linzy Bonham: Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, free workshops and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners. 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 managing finances was just too stressful. So Linzy set out to support helpers and healers with developing peace of mind about their money. Since so many were never taught money skills, she focuses on the “how” of making the business side of private practice doable, and even super satisfying. You can learn more here: https://moneyskillsfortherapists.com/about And you can follow along on social media: LinkedIn: https://www.linkedin.com/in/linzybonham/ Instagram: https://www.instagram.com/moneyskillsfortherapists/ Facebook: https://www.facebook.com/moneynutsandbolts Want to feel more calm and confident about your money? Join one of Linzy’s free online workshops for private practice owners who want practical support with money mindset, avoidance, and the technical side of managing business finances. Explore upcoming workshops and save your spot or register to get the replay: https://moneyskillsfortherapists.com/workshops You can also join the private WhatsApp community to connect with other therapists, health practitioners, and podcast listeners. Submit your request here to join today.

    219: The Freedom and Responsibility of Self-Employment with Diane Webber
5
out of 5
88 Ratings

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.

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