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Money Skills For Therapists

Linzy Bonham
Mental Health
Private Practice
Therapists
Financial Management
Profit First
Therapy
Coaching
Credit Card Debt
Family Expenses
Therapist Fees
Anxiety
OCD
Group Practice Growth
Money Shame
Jane
Investment Phase
Debt Management
Burnout
Money Management
Internships

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... more

PublishesWeeklyEpisodes205Founded5 years ago
Number of ListenersCategories
ManagementEntrepreneurshipBusiness

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Artwork for Money Skills For Therapists

Latest Episodes

Money can sometimes feel easier to manage in your business than in your relationship. In this episode, I sit down with Ed Coambs to gently explore what happens when you bring your money skills home and begin navigating them alongside a partner. We ta... more

For many private therapy practices, the end-of-the-road often looks like quietly closing the door, but it can be quite exciting to entertain the idea of selling your practice one day.

In this episode, registered psychotherapist Liane Wood and I gent... more

For our 200th episode of Money Skills for Therapists, I invited my business besties, Tiffany McLain and Maegan Megginson, to join me for a conversation that was more honest than polished. Together, we unpacked the real seasons of entrepreneurship — t... more

Seasonal slowdowns can shake even the most well-run therapy practices—especially group practices navigating payroll, profit, and growth at the same time. This week, I sat down with Stef Iverson and Lucinda Bibbs, business partners and recent graduate... more

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Recent Guests

Stef Iverson
Co-owner of South Okanagan Counseling, focusing on business management and wellness services
South Okanagan Counseling
Episode: 199: Building Financial Buffers for Group Practice Owners (and Surviving the Summer Slump)
Lucinda Bibbs
Co-owner of South Okanagan Counseling, actively involved in service delivery and wellness initiatives
South Okanagan Counseling
Episode: 199: Building Financial Buffers for Group Practice Owners (and Surviving the Summer Slump)
Gordon Brewer
Licensed marriage and family therapist and group practice owner in Tennessee.
Kingsport Counseling Associates
Episode: 197: Money, Boundaries, and Lessons from Group Practice Ownership
Kim Torrence
Trauma therapist specializing in burnout prevention and perfectionism recovery
Episode: 196: Pricing Group Therapy Offers Without Guilt
Colleen Barrows
Therapist focusing on perinatal mental health
Episode: 194: Being the Breadwinning Therapist While Raising Young Kids
Maegan Megginson
Expert on Sabbaticals, creator of Sabbatical School
Episode: EP 193: The Benefits of Sabbaticals for Therapists: Resistance, Recovery, and Renewal
Emily Maynard
LMFT in California, focuses on religious trauma and high control religious backgrounds
Private Practice
Episode: 190: Healing Money Shame After High-Control Religion
Jenny Jonker
Owner of Dragonfly Counseling and Wellness, graduate of Money Skills For Therapists
Dragonfly Counseling and Wellness
Episode: 189: Breaking the Hustle Cycle by Shifting your Money Mindset to Heal Scarcity and Fear
Kristie Plantinga
Mental health marketer and founder of Place Digital (formerly TherapieSEO)
Place Digital
Episode: 188: SEO for Therapists: Building Long-Term Practice Growth

Host

Linzy Bonham
Linzy Bonham is a therapist turned money coach and the creator of Money Skills For Therapists, with a focus on helping mental health practitioners improve their financial literacy and business management skills. Her background as a therapist informs her empathetic approach to financial conversations.

Reviews

5.0 out of 5 stars from 128 ratings
  • Great Podcast!!!

    I listen to Money Skills for Therapists regularly and find Linzy‘s recommendations/interviews/conversations incredibly helpful. The podcast distills a great deal of information into very user-friendly recommendations for therapists. I highly recommend the pod!

    Apple Podcasts
    5
    Kris in DE
    United States2 months ago
  • For ALL types of therapists

    I’m a Speech Therapist, and this podcast is incredible! Every episode gives me at least one practical, actionable takeaway I can immediately use in my business. I’m so grateful I discovered it early in my entrepreneurship journey!

    Apple Podcasts
    5
    Celinaskrtich
    United States3 months ago
  • Great podcast!

    Linzy’s positive, competent and supportive style provides a framework to understand private practice finances and explore what holds you back from being as successful as you can be

    Apple Podcasts
    5
    DrEmIvy
    United States9 months ago
  • Practical and helpful

    Linzy’s podcast and courses have been a game changer for me and I’m so glad for the work she is doing in this space. Therapists have such a unique relationship with money and finances. I felt like no one ever understood this. But Linzy really does.

    Apple Podcasts
    5
    BLTR29
    Canadaa year ago
  • Empowering, enlightening, inspiring!

    After months of floundering and feeling like things were spiralling out of control, I stumbled across this podcast. It has been LIFE CHANGING. Listening to Linzy and her excellent guests has helped me find my confidence, get clear on my budget and set realistic goals for clinical growth. I have recommended this show to so many colleagues and will certainly be signing up for her course in the future. Linzy, thank you for being a bright light of hope to all the therapists and health practitioners ... more

    Apple Podcasts
    5
    TherapistT
    Canadaa year ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

The podcast has been called a 'life-changing' resource for those navigating their financial relationships and pitfalls in therapy practice.
Many emphasize the supportive and empowering atmosphere created by the host, which helps to demystify finance issues for therapists.
Listeners appreciate the practical, actionable advice that's relatable and immediately applicable in their practices.

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Talking Points

Recent interactions between the hosts and their guests.

201: Building a Sellable Therapy Practice: Money, Mindset, and Options
Q: What makes a practice attractive to buyers beyond current profitability?
Buyers look for potential, profitability, and whether the business can continue without the current owner, including sustainable systems and transferable marketing channels.
201: Building a Sellable Therapy Practice: Money, Mindset, and Options
Q: How does branding affect sellability, and should a practice be tied to a person's name?
Avoid using a personal name for the business if you want easier transfer and continuity for buyers; a transferable name like a brand or generic practice name helps maintain continuity after ownership changes.
199: Building Financial Buffers for Group Practice Owners (and Surviving the Summer Slump)
Q: What would be helpful for us to focus on?
Stef mentions needing support regarding the Profit First method and how to manage financial hiccups during slow periods, particularly the summer slump.
196: Pricing Group Therapy Offers Without Guilt
Q: What would be helpful for us to focus on today during our time together?
Kim shares her discomfort with pricing her new group offerings amidst current political challenges.
197: Money, Boundaries, and Lessons from Group Practice Ownership
Q: What are some of the mistakes that come to mind for you, financial mistakes, as you've been building?
Gordon discussed various financial mistakes, specifically highlighting how he made unsustainable compensation choices for therapists he hired.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About Money Skills For Therapists

What is Money Skills For Therapists about and what kind of topics does it cover?

Focusing on financial empowerment for therapists and health practitioners, this podcast addresses the often overwhelming relationship many have with money in their professional and personal lives. The content centers around practical financial strategies, emotional narratives surrounding money, and the unique challenges faced by those in private practice. With a combination of insightful interviews, live coaching sessions, and expert advice, listeners can expect to find actionable guidance and supportive conversations that transform their understanding of financial management and foster healthier financial behaviors. The emphasis on both personal growth and business acumen makes it a valuable resource for anyone seeking to improve their fin... more

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Which podcasts are similar to Money Skills For Therapists?

These podcasts share a similar audience with Money Skills For Therapists:

1. Therapy For Your Money
2. The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice
3. The Money Sessions
4. Abundant Practice Podcast
5. The Entrepreneurial Therapist Podcast

How many episodes of Money Skills For Therapists are there?

Money Skills For Therapists launched 5 years ago and published 205 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Money Skills For Therapists?

Recent guests on Money Skills For Therapists include:

1. Stef Iverson
2. Lucinda Bibbs
3. Gordon Brewer
4. Kim Torrence
5. Colleen Barrows
6. Maegan Megginson
7. Emily Maynard
8. Jenny Jonker

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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