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.

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=16137To 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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

11-22
09:00

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=16122To 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 Frank83: Embracing Emotions for Financial Wellness with David FrankConnect with David FrankDavid 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy a...

11-18
43:23

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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under

11-15
11:37

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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”....

11-12
37:42

137FF: Finding Financial Calm During Stressful Times

Do you find yourself slipping into a scarcity mindset when stress levels rise? In today’s Feelings and Finances episode, Linzy addresses a question from Dr. Charissa Pizarro, who has noticed that stress often triggers her fears around money. After working through Linzy’s Money Skills for Therapists course, Charissa shares how this pattern keeps surfacing, and she asks for guidance on how to break free.Linzy dives into the link between stress and scarcity thinking, exploring why our minds default to financial fears during tough times and how we can interrupt this cycle. Offering practical advice and mindset shifts, Linzy helps listeners find ways to calm their nervous system and foster a more peaceful approach to money, even in the face of stress.For more from Charissa talking with Linzy during a coaching session, check out episode 122, "Navigating Trauma and Money Mindset Coaching Session," on the blog or on YouTube. https://www.youtube.com/watch?v=Ouzhc0SocB8&t=1s If you tend to fall into scarcity thinking when life gets overwhelming, tune in for insights and strategies to build a calmer, more resilient relationship with money.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16053 To watch a video version of this, check it out on YouTube: https://youtu.be/FcMan8UB4sA 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

11-08
11:04

136: Money, Culture, and Navigating Oppression with Chioma Janelle Efejedia

How does culture shape the way we see and handle money? Linzy is talking with Chioma Janelle Efejedia, a therapist from Kitchener, Ontario. Together, Linzy and Chioma unpack how cultural and systemic influences shape our money stories and some of the unique challenges that individuals can face. Chioma also shares about susu, a traditional, community-based financial model, and talks about how these collective practices build resilience and support within communities.Whether you're interested in the intersection of culture and finances or looking for fresh perspectives on traditional financial models, this episode offers insights you won’t want to miss. Join Linzy and Chioma for a thoughtful conversation on how our backgrounds shape our money stories and what we can learn from collectivist financial practices.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=16030 To watch a video version of this, check it out on YouTube: https://youtu.be/snGlzlX6yEY Mentioned in this episode:Try Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for FreeCheck Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

11-05
34:06

134: Catching Up to Your Growth and Success Coaching Session

Do you feel stuck, even after achieving the success you once worked so hard for? In today’s coaching session, Linzy sits down with Walter Williams, a therapist who has transitioned from a challenging upbringing of poverty and adversity to running a successful private practice. Walter opens up about the emotional experience of feeling frozen in his new life, struggling to catch up to the success he's worked so hard to achieve. Together, Walter and Linzy explore the gap between surviving and truly thriving, and what it takes to bridge that divide.In this episode, Linzy and Walter discuss the inner work of caring for younger versions of ourselves that might still be stuck in survival mode, even when our external lives look successful. Linzy shares practical strategies to overcome limiting beliefs, step into more expansive spaces, and fully embrace the abundance you've built.If you've ever felt held back by fears or found it difficult to enjoy your success or to take next steps in your growth, this conversation will help you get unstuck and live fully in the life you've created. Tune in for an inspiring discussion about the journey from survival to thriving.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15918To watch a video version of this, check it out on YouTube: https://youtu.be/bO-QerGbZYw Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for Free

10-29
38:02

133FF: How to Overcome Anxiety About Working with Financial Experts

Does the thought of talking to financial experts stir up feelings of anxiety or even fear? If so, you're not alone. In today's Feelings and Finances episode, Linzy addresses a question about financial avoidance and the emotional hurdles that come with sharing real numbers with financial experts.Jade, the marketing coordinator at Money Nuts & Bolts, asks for advice on managing the anxiety she feels when seeking financial support. Although she's making progress in overcoming avoidance, Jade still feels vulnerable when sharing her financial details and navigating these conversations.Linzy shares strategies for shifting your mindset, reclaiming your power, and approaching financial experts with confidence, all while staying grounded in your needs and emotions.If you struggle with rejection sensitivity, financial anxiety, or simply the discomfort of opening up to experts, this episode offers practical tools to help you feel more in control during these conversations.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15948 To watch a video version of this, check it out on YouTube: https://youtu.be/9YI8YtATCLQ 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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-25
11:28

132: Investing for Future Security with TJ van Gerven

Do you find yourself stuck in the same financial patterns, even when you know better? In this episode, Linzy chats with financial advisor TJ van Gerven, founder of Modern Wealth Builders and host of the Do More With Your Money podcast, to unpack the behavioral biases that often keep us from making the best financial decisions.Linzy and TJ explore how these money stories shape our relationship with money and what we can do to overcome them. TJ and Linzy share about balancing present needs with future goals, the importance of investing to combat inflation, and different ways to invest so that your money can grow. They also discuss how to navigate conflicting advice from financial advisors and why diversifying your investments can help you avoid financial paralysis.For listeners who feel stuck in your financial habits, this episode offers practical tips to help you reframe your thinking and take meaningful steps toward long-term financial stability. Tune in to discover how shifting your mindset can lead to lasting changes for your financial future.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15911 To watch a video version of this, check it out on YouTube: https://youtu.be/jcs9gEhy_Nk You can schedule a free consultation with T.J. HERE. https://modernwealthbuilders.com/intro Follow T.J. for more resources on these social media platforms:Twitter  - LinkedIn - Instagram & YouTubeMentioned in this episode:Try Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for FreeCheck Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-22
38:21

131FF: How to Set Spending Limits and Grow Your Private Practice

Have you ever found yourself struggling to balance keeping your overhead low with the need to invest in your business? In this Feelings and Finances episode, Linzy takes on a thoughtful question from listener Liz about managing business expenses while ensuring your practice stays financially healthy. Linzy shares practical insights on how therapists can evaluate their spending to maintain a sustainable practice and support long-term growth.Linzy explores how private practitioners can navigate the delicate balance between staying lean with their finances and making smart investments in their businesses. Whether you're just starting out or already established in private practice, this episode offers actionable advice to help you make informed financial decisions.From managing expenses to planning for future growth, Linzy provides clear strategies to help therapists feel confident about their financial footing while building a thriving practice. Tune in for an episode packed with real-world tips that will set you up for success.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15883 To watch a video version of this, check it out on YouTube: https://youtu.be/gw0bF6l5HDs 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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-18
09:18

130: Challenging Noble Poverty with Khara Croswaite Brindle

What is noble poverty, and is it impacting your financial decisions? In this episode, Linzy welcomes financial therapist and consultant Khara Croswaite Brindle to explore the concept of noble poverty—an underlying belief that can impact financial decisions, particularly within helping professions like therapy. Linzy and Khara discuss how therapists are often socialized to equate service with sacrifice, leading many to adopt a mindset that prioritizes scarcity over financial well-being.Together, Linzy and Khara examine the roots of noble poverty, its connections to gender, education, and the nonprofit world, and the impact it has on therapists' money mindsets. Khara offers valuable insights on how to identify this pattern and shares strategies for breaking free from noble poverty, empowering therapists to build a healthier, more abundant financial future.If you're ready to challenge limiting beliefs around money and embrace financial empowerment, don’t miss this episode. Tune in for practical insights on breaking free from noble poverty.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15801To watch a video version of this, check it out on YouTube: https://youtu.be/WzPi8AkabXE Connect with KharaHave you ever wondered how your relationship with money impacts your success as a therapist and small business owner? Discover what Financial Therapy can bring to your life with Khara Croswaite Brindle:https://croswaitecounselingpllc.com/financial-therapyWant 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:Try Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for FreeCheck Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-15
32:30

129FF: Tax Savings and Managing the Fear of Falling Short

Are you saving too much for taxes and missing out on other opportunities to grow your wealth? In this Feelings and Finances episode, Linzy addresses this common tax concern. Listener Suzanne is wondering if she’s over-saving for taxes but is hesitant to dip into the leftover tax savings. Suzanne shares about the emotional side of financial management, especially when fear and uncertainty cloud clarity around tax savings and how much is truly enough.Linzy offers a practical step-by-step approach to calculating the right amount to set aside for taxes while addressing the underlying fear of falling short. She provides tools and insights to help therapists and health practitioners create more confidence in their tax-saving strategies, freeing up extra funds for things like retirement.Tune in to learn how to manage your tax account with ease and how to use any extra tax savings more effectively. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15783 To watch a video version of this, check it out on YouTube: https://youtu.be/pXA2nA9ekeI If you’re unclear about how much to set aside for taxes, or you avoid thinking about paying your taxes altogether, you’re not alone! The good news is that I can help you create a plan so that you can face the next tax season with calm and confidence, knowing that you have the right amount of money set aside. All you have to do is join my FREE workshop, Setting Enough Aside for Taxes (in 5 Easy Steps!). 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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-11
11:33

128: Managing Highs and Lows in Private Practice Coaching Session

How do you handle the financial ups and downs in your private practice? In this coaching episode, Linzy talks with Joanna Barrett, a therapist and Money Skills for Therapists graduate, about navigating the emotional and financial roller coaster of fluctuating income. Joanna shares her challenges with managing high and low months and how she is working to create more stability.Linzy and Joanna explore practical strategies for building financial evenness. Linzy helps Joanna take a closer look at how she is using the Profit First system, and they figure out how to set up a consistent paycheck. Linzy shares about the importance of looking at your current numbers and creating systems that help smooth out the ups and downs. If you’re struggling with unpredictable income, this episode is full of tips to help you create financial stability in your practice. Tune in to learn how to make your money work for you.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15679 To watch a video version of this, check it out on YouTube: https://youtu.be/pBikaYZyJRM Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for Free

10-08
44:20

127FF: Making Sense of EHR and Billing Costs in Group Practices

Are you overspending on billing and EHR services? In this Feelings and Finances episode, Linzy addresses how to determine if you’re paying too much for billing and EHR systems. Listener Sabra asks for advice on whether switching to a more affordable EHR system could help reduce costs in her group practice, and Linzy dives into the details of evaluating expenses, from billing services to credentialing.Tune in to hear Linzy’s insights on calculating healthy operating expenses, outsourcing versus managing billing in-house, and the importance of protecting your time as a practice owner. Linzy references practical guidelines from the Profit First system to help you ensure your practice’s financial sustainability, and she shares about Julie Herres's book, Profit First for Therapists: A Simple Framework for Financial Freedom. Listen in to hear actionable advice for practice owners looking to make informed, strategic financial decisions. To hear Julie Herres talk with Linzy, check out episode 58: https://moneynutsandbolts.com/profit-first-for-therapists-with-julie-herres/For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15720To watch a video version of this, check it out on YouTube: https://youtu.be/3KSB8yk_pl4 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/@moneynutsandboltsListen to the Money Skills for Therapists Podcast on your favourite app: https://moneynutsandbolts.com/podcast/Follow us on Instagram: https://www.instagram.com/moneynutsandboltsFollow us on Facebook: https://www.facebook.com/moneynutsandboltsFollow 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

10-04
11:22

126: Mastering Profitability in Group Practices with Carla Titus

How do you ensure your business is financially healthy while also taking care of the people who work with you? In this episode, Linzy Bonham speaks with Carla Titus, a fractional CFO and founder of Wealth and Worth Within, to explore the financial challenges of running a group practice. Linzy and Carla discuss key issues like compensating your team fairly while staying profitable.Carla shares her insights on understanding profit margins and why having a financial buffer is crucial for stability, especially during unexpected challenges like financial disruptions. Linzy and Carla also offer practical advice on assessing your practice’s profitability and making data-driven decisions to ensure your numbers work for you.Whether you’re a group practice owner or a solo practitioner, this episode will help you get more comfortable with your finances and build a sustainable business model.For a full transcript of the episode and much more, check out the blog post on our website!  https://moneynutsandbolts.com/?p=15549To watch a video version of this, check it out on YouTube: https://youtu.be/wboGgsAX52M Connect with CarlaCheck out Carla’s site at  Wealth & Worth Within.You can follow Carla on Facebook, Instagram, Linkedin and TikTok.Mentioned in this episode:Check Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for Free

10-01
43:06

125FF: How to Approach Branding for Two Businesses

Ever wonder how to present and brand all the different things you do in your professional life? In this Feelings and Finances episode, Linzy dives into this question from listener Madeleine, a therapist and somatic educator who is navigating the challenge of branding her multiple businesses. Should she create a single website that brings together her therapy practice and somatic education, or should she keep them separate to avoid confusion and potential ethical issues?Linzy explores the benefits and pitfalls of both branding options, offering tips on how to choose the right approach based on factors like licensing requirements, client experience, and the unique aspects of your practice. Whether you wear many hats in your private practice or just want to clarify your brand, this episode provides practical guidance to help you showcase your work effectively.To listen to the episode Madeleine referenced in her question, “Tips for Having Multiple Businesses,” check out episode 115 on our website. https://moneynutsandbolts.com/115ff-tips-for-having-multiple-businesses/ For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15043 To watch a video version of this, check it out on YouTube: https://youtu.be/gpkaX5npX4Q 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! a...

09-27
08:16

124: Demystifying Insurance Coverage for Business Owners with Aviva Abraham

Are you prepared for the unexpected when it comes to your health and finances? Your host Linzy sits down with insurance specialist Aviva Abraham to demystify the often overlooked but crucial role that insurance plays in our financial well-being. Aviva, who helps self-employed business owners with insurance needs, dives deep into when the best time to get insurance is and how to ensure you have the right coverage. Together, Linzy and Aviva explore the greatest risks to financial stability and how strategic insurance planning can mitigate those risks.Aviva shares practical tips on who to get insurance from, how to assess your current policies, and what to consider when choosing the right coverage. Aviva also reminds us that the best time to invest in insurance is before you need it. Tune in and join Linzy and Aviva in making sure your insurance aligns with your financial goals, so your future self can breathe easier knowing you're covered. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15255  To watch a video version of this, check it out on YouTube: https://youtu.be/0c9r5Bu0d-w Connect with Aviva AbrahamDownload Aviva’s free report listing 25 Smart Ways to Save Money on Your Life Insurance You can learn more about Aviva’s work on her website here.Check out Aviva’s Linkedin and Facebook for more resources. Mentioned in this episode:Try Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for FreeCheck Out Relay for Business BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for Relay

09-24
36:35

123FF - Balancing Full Fees and Sliding Scales in Your Practice

Are you struggling to balance your financial needs with your desire to offer affordable services? In this Feelings and Finances episode, Linzy answers Margot Rochester's question about managing sliding scale fees while maintaining a sustainable practice. Linzy breaks down the importance of knowing your numbers and finding your financial sweet spot, ensuring you can serve your clients without compromising your own well-being.Linzy also addresses the psychological aspect of fee-setting and the importance of holding space for clients to solve their own financial challenges. With tips on determining the right balance, Linzy offers actionable insights to help private practitioners achieve financial clarity and sustainability. Join us to explore how to create a financially sustainable practice that reflects your values.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/-2UKKKEIBv0 To listen to episode 59 with Brittany Kipnis that Linzy mentions in this episode, click here: "Charging Your Full Fee (Without Guilt) Coaching Session."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 BankingSkip...

09-20
14:48

122: Navigating Trauma and Money Mindset Coaching Session

What if the key to unlocking your financial potential lies in unpacking deep-seated trauma? In this coaching episode, Linzy talks with podcast listener Dr. Charissa Pizarro, a clinical psychologist with over 20 years of experience, who is struggling to set and maintain her fees as she considers moving to full-time private practice. Despite her expertise, Charissa’s challenges with fee setting are tied to intergenerational trauma from her family’s survival of genocide and dictatorship, making it hard for her to fully own her worth.This conversation explores the connection between trauma and financial boundaries, highlighting how unresolved past experiences can impact even the most accomplished professionals. Don’t miss this episode to discover how addressing trauma and mastering financial skills can unlock your full potential and transform your professional life.For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15037 To watch a video version of this, check it out on YouTube: https://youtu.be/Ouzhc0SocB8 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account. Sign Up for RelayTry Mentaya for FreeToday’s podcast is brought to you by Mentaya. Mentaya is a tool that allows American clients to easily claim their out-of-network benefits when they work with a therapist who does not take their insurance. Mentaya is here to help. Discover Mentaya with one month free access. Click the link and use the code “LINZY”. https://www.mentaya.com/?referrerId=linzy Try Mentaya for Free

09-17
34:16

121FF: How Much Buffer Do You Need in Your Business

Do you know how much you should have saved in your business account to feel truly secure? Linzy responds to a practical question that comes up often: how much of a buffer should you keep in your business account to feel secure during uncertain times? Money Skills for Therapists graduate Fran asks today's question, inquiring about how to think about having a business buffer.Linzy shares the general guidelines for creating a business buffer, how to determine the right amount for your specific situation, and why having this financial cushion is so important for peace of mind. Whether you’re just getting started or you’ve been managing your practice for years, check out Linzy's practical advice to help you build a solid financial foundation for your business. For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=15026 To watch a video version of this, check it out on YouTube: https://youtu.be/A9z6eb8TLuY 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 BankingSkip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform. Signing up is free and takes under 10 minutes. Plus, if you use my link, you’ll get a $50 sign up bonus when you fund your new account....

09-13
06:17

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