Money Skills For Therapists

Linzy Bonham
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Money Skills For Therapists

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. 145FF: The Real Cost of Overbooking Yourself as a Therapist

    19 HR. AGO

    145FF: The Real Cost of Overbooking Yourself as a Therapist

    Are you stuck in a schedule that leaves you feeling drained and depleted? In this Feelings and Finances episode, Linzy shares a deeply personal mistake from her private practice days: creating a schedule that didn’t align with her needs as a therapist or as a person. She explores the weight of overbooking, the emotional cost of evening sessions, and the importance of setting boundaries to sustain both energy and effectiveness in private practice. Linzy reflects on how trying to accommodate clients at the expense of her own well-being led to burnout, exhaustion, and compromised therapy quality. Linzy offers practical advice for therapists caught in similar patterns, helping you make incremental changes to create a sustainable, fulfilling schedule. Tune in to learn how you can balance your practice and personal life without sacrificing your energy or the quality of care you provide to your clients. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16328 To watch a video version of this, check it out on YouTube: https://youtu.be/5b94PdgOo24  Have a question for Linzy?  You can easily submit your question directly to Linzy’s SpeakPipe inbox.  Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address.  It will take you less than 2 minutes, promise! Want to feel calm and in control of your finances? Connect with us! Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/ Follow us on Instagram: https://www.instagram.com/moneynutsandbolts Follow us on Facebook: https://www.facebook.com/moneynutsandbolts Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/ Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!  https://moneynutsandbolts.com/masterclass-signup/ Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. a...

    11 min
  2. 144: Breaking Free from Magical Money Thinking with Liane Wood

    3 DAYS AGO

    144: Breaking Free from Magical Money Thinking with Liane Wood

    Are you making good money in your private practice, but finding there’s not much left at the end of the day? In this episode, Linzy chats with Liane Wood, owner and CEO of Build Your Private Practice, a Canadian company that has been helping health practitioners launch, grow, and scale their private practices. Together, Linzy and Liane explore the concept of "magic money"—the magical thinking around money that many private practice owners experience. Linzy and Liane discuss how this mindset can make money feel unreal, making it easy to overspend and leading to the disappearance of hard-earned income. Liane and Linzy examine the origins of this magical thinking, why it can feel so pervasive, and what to do if you find yourself caught in its grip. Liane offers practical steps to pause, reflect, and rethink your relationship with money. Whether it’s deciding how to invest in your business for real returns or ensuring that your income supports your personal and family life, this episode will help you begin reshaping how you manage your money so that it truly serves you. Tune in for actionable insights on creating a healthier financial foundation for both your practice and your personal life. For a full transcript of the episode and much more, check out the blog post on our website!  To watch a video version of this, check it out on YouTube: https://youtu.be/zXCHTvy89r0  Connect with Liane Wood  Build YourPrivate Practice’s  free quiz takes about 1-2 minutes to complete and will tell you…  ✓ What stage of private practice you’re in ✓ The common challenges and obstacles practitioners at your stage typically face ✓ What steps you should be taking next ✓ What priorities you should be focusing on to reach the next level of success!  Find out how to create the private practice you’ve been dreaming of! Click HERE You can also find out more in their Facebook Group or follow the Build Your Private Practice Instagram account. Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!  https://moneynutsandbolts.com/masterclass-signup/ Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. *Sign Up for Relay Try Out Jane’s New Balance Plan Cover your EMR needs with Jane’s new Balance...

    26 min
  3. 143FF: The Key to Avoiding Scheduling Stress in Private Practice

    JAN 10

    143FF: The Key to Avoiding Scheduling Stress in Private Practice

    How can regular appointment slots improve your private practice? In this Feelings and Finances episode, the first in a mini series, Linzy reflects on a mistake she made early in her therapy career: not implementing a regular appointment system sooner. Linzy shares how, after much resistance, she discovered the benefits of setting recurring time slots for clients. Linzy talks about how implementing a consistent schedule not only brought clarity to her practice but also improved client care, supported client attachment needs, and helped her achieve more balance in her own work-life routine. Linzy also offers advice on how to implement a system that works for your clients, including flexible options for those with irregular schedules. If you're ready for more structure and stability in your practice, this episode will help you understand the value of regular appointment slots and how they can create lasting benefits for both you and your clients. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16224  To watch a video version of this, check it out on YouTube: https://youtu.be/i_Wie9sydOU  For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16224 Have a question for Linzy? You can easily submit your question directly to Linzy’s SpeakPipe inbox. Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address. It will take you less than 2 minutes, promise! Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you! https://moneynutsandbolts.com/masterclass-signup/ Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. *Sign Up for Relay

    13 min
  4. 142: Moving at the Speed of Cash with Julie Herres

    JAN 7

    142: Moving at the Speed of Cash with Julie Herres

    Is it time to slow down and rethink your approach to business finances? In this episode, Linzy sits down with returning guest Julie Herres, owner of Green Oak Accounting and author of Profit First for Therapists, to explore the concept of "moving at the speed of cash." Together, they discuss the risks of taking on debt, the cultural pull of instant gratification, and how slowing down can lead to smarter, more aligned financial decisions. Julie shares practical techniques for saving before making major investments and waiting for the right timing, and Linzy emphasizes the value of thoughtfulness in financial planning. Julie and Linzy challenge the notion that faster and bigger is always better, offering a thoughtful perspective on how slowing down and moving at the speed of cash can create a more intentional, sustainable path to success. Join Linzy and Julie as they unpack how financial patience can help you avoid unnecessary stress and achieve what truly matters in your business and life. For more from Julie and Linzy:  Check out the previous episodes with Julie on Money Skills for Therapists the Podcast Ep 58 Profit First for Therapists with Julie Herres Ep 5 Private Practice Money Mistakes with Accountant Julie Herres And discover the previous episodes of Linzy on Julie’s podcast - Therapy for your Money Episode 31: Building Your Private Practice's Financial Foundation (with Linzy Bonham) Episode 97: Perfectionism & Money (with Linzy Bonham) Episode 107: How do you know if you're working with the right accountant for you and your practice Episode 126: Financial Professionals 101: Practice Owner edition! (with Linzy Bonham) For a full transcript of the episode and much more, check out the blog post on our website! To watch a video version of this, check it out on YouTube: https://youtu.be/zP6_amCATgw  Connect with Julie Herres GreenOak Accounting is a specialized firm serving the mental health industry exclusively. The team has worked with 1000+ private practice owners, so we know a thing or two about spending habits of successful practice owners. Get GreenOak Accounting  free KPI Tracker. It is designed specifically for therapists in private practice, helping you keep a close eye on the metrics that matter most. From revenue goals to clinician productivity, this tool takes the guesswork out of running your business so you can focus on what you do best: helping...

    41 min
  5. 141FF: Managing Money During Uncertain Times

    11/22/2024

    141FF: Managing Money During Uncertain Times

    Are you feeling the weight of this uncertain time? As we navigate times that can feel scary and unstable, money can play a pivotal role in grounding us and empowering us to show up for the causes and communities that matter most. In this final Feelings and Finances episode for season 10, Linzy explores how financial stability can nurture your well-being and enable you to make a meaningful impact. From small, symbolic steps like creating a savings buffer to harnessing your finances for advocacy and care, this episode invites you to rethink the role of money during challenging times. Tune in and explore how money can be a source of stability and strength for you right now. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16137 To watch a video version of this, check it out on YouTube: https://youtu.be/HMtt2KgqfNk  Have a question for Linzy?  You can easily submit your question directly to Linzy’s SpeakPipe inbox.  Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address.  It will take you less than 2 minutes, promise! Want to feel calm and in control of your finances? Connect with us! Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/ Follow us on Instagram: https://www.instagram.com/moneynutsandbolts Follow us on Facebook: https://www.facebook.com/moneynutsandbolts Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/ Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!  https://moneynutsandbolts.com/masterclass-signup/  Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. *Sign Up for Relay

    9 min
  6. 140: Balancing Debt Repayment and Real Life with David Frank

    11/18/2024

    140: Balancing Debt Repayment and Real Life with David Frank

    How do you balance debt repayment with the rest of your financial life? In today’s episode, certified financial planner David Frank returns to the podcast to talk with Linzy about one of the most common and challenging questions among Money Skills for Therapists students: how to prioritize debt repayment without sacrificing quality of life. Linzy and David explore the emotional weight of debt, discussing how shame and societal expectations often shape our views on borrowing and repayment. David explains the key differences between simple and compound interest, laying out how to assess different types of debt and make more informed choices. He also offers a clear approach to calculating the real costs of debt and shares why overly complex financial advice can sometimes be a warning sign. Linzy and David emphasize the importance of finding a middle ground that aligns with your financial goals and personal well-being. Tune in to hear practical advice about how to take steps toward building a balanced and confident financial life. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16122 To watch a video version of this, check it out on YouTube: https://youtu.be/lRSBCcvC-nE  To tune into the coaching episodes Linzy mentioned related to paying down debt, see episode 114 with Jenet Dove and episode 88 with Erin Davis.  For more from David and Linzy, check out: 104: How Deep Work Can Enhance Your Business with David Frank 83: Embracing Emotions for Financial Wellness with David Frank Connect with David Frank David Frank has a lot of free resources & webinars on his website, like his training “Retirement Plans Fundamentals for Private Practice Owners”,  or his “Finance Quick Start Guide for Therapists”. Check those out here.  You can also find David on LinkedIn: https://www.linkedin.com/in/davidwfrank/  Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. *Sign Up for Relay Try Out Jane’s New Balance Plan Cover your EMR needs with Jane’s new Balance Plan: Access all your EMR essentials, including 1:1 telehealth, unlimited support, email reminders, and more. Plans start as low as $39 a month in the US and $54 a month in Canada. And if you do try Jane, don’t forget to use my code MNB1MO for a 1-month grace period on your new account. Try Out Jane’s new Balance Plan

    43 min
  7. 139FF: The Two Ways to Start a Private Practice

    11/15/2024

    139FF: The Two Ways to Start a Private Practice

    How hard is it to start your own private practice, and how do you know when it's time to go for it? In today’s Feelings and Finances episode, host Linzy shares her thoughts on transitioning from agency or group practice settings to launching a private practice. Money Skills team member Christelle calls in with this frequently asked question, and Linzy offers insights for therapists wondering if and when to go solo. Linzy explores two paths to entering private practice, and she covers the essentials that therapists need to consider before making the shift. Linzy emphasizes that while building a private practice requires effort and planning, the outcome—a sustainable practice that reflects your personal values and financial needs—is deeply rewarding. Tune in to hear Linzy unpack the realities, challenges, and surprising opportunities that come with starting a private practice. Hear Linzy’s practical advice and encouragement to help you make the best decision for your unique circumstances. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16112  To watch a video version of this, check it out on YouTube: https://youtu.be/cLcwGdlTxE8  Have a question for Linzy?  You can easily submit your question directly to Linzy’s SpeakPipe inbox.  Just click the “Start recording” button, allow the use of the microphone if needed and press “Stop” when you’re done. Fill in your name (yes, you can use an alias) and your email address.  It will take you less than 2 minutes, promise! Want to feel calm and in control of your finances? Connect with us! Subscribe to our YouTube channel: https://www.youtube.com/@moneynutsandbolts Listen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/ Follow us on Instagram: https://www.instagram.com/moneynutsandbolts Follow us on Facebook: https://www.facebook.com/moneynutsandbolts Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/ Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you! Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus

    12 min
  8. 138: Facing Exposure Fears and Building a Scalable Business Coaching Session

    11/12/2024

    138: Facing Exposure Fears and Building a Scalable Business Coaching Session

    Are you a private practitioner with a side project or budding business that feels both exciting and a little terrifying? In today’s coaching episode, Linzy sits down with Sara Nelson-Johns, a recent Money Skills for Therapists graduate, to tackle some common yet challenging questions about scaling a second business. Sara, who specializes in ADHD, relationship challenges, and perfectionism in her main practice, has developed an planners for people with ADHD, designed to help them organize their lives in a brain-friendly way. Linzy and Sara explore the daunting experience of being “seen” as a business owner. Linzy shares about how it can feel safer to work one-on-one with clients in a therapy room and how putting a product out there for the world can bring up fears of exposure and invalidation. Together, Linzy and Sara examine ways to shift this mindset, moving from feeling overly vulnerable to building a resilient and strategic approach to business. Linzy also offers practical advice on building a business that allows you to grow in alignment with your values and goals, without overwhelming the most sensitive parts of yourself. Whether you’re just starting a side project or are ready to take your business to the next level, this episode is packed with insight, encouragement, and the reminder that moving forward, even when it’s scary, can lead to real growth. Tune in to uncover practical steps for scaling your business with confidence and clarity. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16094  To watch a video version of this, check it out on YouTube: https://youtu.be/jBK7pkMZ1tE  Check Out the Adulting Planner  Are you ready for a different kind of year? Take charge of your brain and make it work for you this year. Get your Adulting Planner w/ Stickers for 2025 HERE. Want to work with Linzy? Check out the FREE masterclass, The 4 Step Framework to Getting Your Business Finances Totally in Order, where you'll learn the framework that has helped hundreds of therapists go from money confusion and shame to calm and confidence, as well as the three biggest financial mistakes that therapists make. At the end, you'll be invited to join Money Skills for Therapists and get Linzy's support in getting your finances finally working for you. Click here to find a masterclass time that works for you!  https://moneynutsandbolts.com/masterclass-signup/ Mentioned in this episode: Check Out Relay for Business Banking Stay calm and in control of your private practice finances when you sign up with Relay, my go-to online banking and money management platform. Plus, if you use my link, you’ll get a $50 sign up bonus once you fund your account. *Sign Up for Relay Try Out Jane’s New Balance Plan Cover your EMR needs with Jane’s new Balance Plan: Access all your EMR essentials, including 1:1 telehealth, unlimited support, email reminders, and more. Plans start as low as $39 a month in the US and $54 a month in Canada. And if you do try Jane, don’t forget to use my code MNB1MO for a 1-month grace period on your new account. a...

    37 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 - 2025
  • Episodes
    148
  • Rating
    Clean
  • Copyright
    © 2025 - Money Nuts & Bolts Inc.
  • Show Website
    Money Skills For Therapists

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