Money Skills For Therapists

How do you get your money to work for you each month? In this coaching session, Linzy and listener Erin Davis talk about Erin's income, her business and family expenses, and her debt, and Linzy helps Erin make concrete decisions about how to allocate the money she's bringing in to benefit herself and her family the most.

Linzy and Erin use real numbers within the Profit First calculator to come up with a plan that will work for Erin and her family. They explore what happens if Erin adjusts what she’s paying toward debt to make things more manageable for monthly needs. Listen in to hear how this shift impacts Erin’s relationship with money.

For a full transcript of the episode and more, check out the blog post on our website!

Connect with Erin

Check out Erin’s podcast, Bossing Up: Overcoming OCD: www.valuedriventherapy.com; https://podcasts.apple.com/us/podcast/bossing-up-overcoming-ocd/id1720586813

More from Linzy

To check out Linzy’s free workshop, Setting Enough Aside for Taxes (in 5 Easy Steps!), which she mentions in this episode, click here: https://taxworkshop.moneyskillsfortherapists.com/

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!

Have you considered taking on interns in your private practice? Guest Rachel Dorneanu talks with Linzy about the beautiful way that internships can flow for private practitioners. Rachel shares about who would be well-suited to consider taking on interns and who would benefit from finding other kinds of support instead. Rachel talks about how internships can be mutually beneficial for the business owner and for the intern.

Rachel and Linzy dig into what kinds of tasks interns might be able to help do and how those can build skills for the intern and can support the therapist in private practice. Rachel shares about the way that she and her team can help if you are interested in support with finding a good internship match.

For a full transcript of the episode and much more, check out the blog post on our website!

Connect with Rachel

Learn more about Rachel here:

https://sagecounselingtherapyandwellness.com/therapist-mentor-in-atlanta/

Or connect with her on Instagram: https://www.instagram.com/sage_counseling_wellness/

Six Weeks Vacation Guide from Linzy

Download our free guide: Six Simple Steps to Six Weeks Vacation. This workbook walks you through, step-by-step, how to make paid time off a regular part of your private practice - and even take some rich, restorative vacation time away too - without breaking the bank or putting it all on credit. It includes a cute little calculator to help you find your own numbers, and a video on how to use it too.

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!

How can your business bank better support you? Linzy talks with Deanna Zubrickas of Relay, a banking solution that supports business owners and is the official banking platform of Profit First.

Linzy and Deanna discuss the obstacles that come up for therapists and health practitioners looking for clarity with their finances. They share common limitations of traditional business bank accounts, especially for business owners looking to be more empowered with their finances. Deanna shares what makes Relay unique and how those differences can benefit business owners. If you’re interested in checking out Relay, you can sign up through Linzy’s link.

More about Relay

Click here to check out Relay.

Or find them on your favourite social media platform:

Instagram: https://instagram.com/bankwithrelay

Facebook: https://www.facebook.com/bankwithrelay

Twitter: https://twitter.com/bankwithrelay

For a full transcript of the episode and much more, check out the blog post on our website!

LinkedIn: https://linkedin.com/company/bankwithrelay

Or Youtube:

https://www.youtube.com/channel/UCTmli04_PnCdhnbRvsRRMhg

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!

How do we make financial planning a part of our relationships with loved ones? In this episode, Linzy talks with Randall Avery, a fee-only financial planner who works with therapists.

Randall and Linzy delve into how important it is to weave financial conversations into our relationships with loved ones. Randall talks about how finances and money need to be a part of our planning with a life partner, and he also shares tips about how to incorporate conversations about money into our relationships with our parents and with our children.

As Randall and Linzy discuss, communication is key when it comes to financial planning and relationships. Listen in to hear actionable tips from a certified financial planner.

For a full transcript of the episode and much more, check out the blog post on our website!

Connect with Randall

Visit Randall’s website: www.rsadeasil.com

And check out his channel “Building Wealth and Mental Health” on Youtube: https://www.youtube.com/@buildingwealthinmentalheal7367

You can also find Randall on social media:

Facebook - https://www.facebook.com/randall.avery.7

Instagram - https://www.instagram.com/rsadeasil50/

LinkedIn - https://www.linkedin.com/in/randallavery/

YouTube - https://www.youtube.com/channel/UCEasRohhwof2xaNUr209kUw

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!

What happens when your finances get more complex? How can you simplify your systems to make sure you understand what your money is doing? In this coaching session, Linzy talks with Amanda Starfield who has recently transitioned to S-corp status with her business, and Linzy and Amanda work together to make sense of the new numbers.

Amanda is using Profit First for her finances, but when the business gained S-corp status, the method she was using became much more layered and complex, and it was no longer easy to make sense of where the money needed to go. Linzy and Amanda work together to make sense of the new numbers and to simplify the system that Amanda is using so that she can clearly see the numbers that matter most.

For a full transcript of the episode and much more, check out the blog post on our website!

Get Unstuck in Your Finances

Does this sound familiar?

“I have a lot of anxiety around money, so I just avoid it.” “I’m just getting by with money, but that’s it. I know I should be saving for my future, but I’m not.”

If this sounds familiar, you’re probably stuck in your finances. But it doesn’t have to be that way. There is a reason things aren’t changing for you. It’s that your relationship with money needs to change!

Get the FREE mini training, The Secret to Getting Unstuck in Your Finances: http://workshops.moneyskillsfortherapists.com/gettingunstuck

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!

How do you handle emotions that come up around money? As guest David Frank and Linzy discuss, instead of avoiding or combatting the emotions that come up around money, working with our emotions can strengthen our financial success. David, a financial planner who works with therapists, shares that focusing on our emotional responses to money and using those emotions as a way to strengthen our financial plans can be beneficial.

David shares that people who connect financial goals to specific emotions and outcomes are more likely to be successful with their planning. By accepting our emotions and tailoring our financial goals to specific outcomes, we can find success in our financial planning. Having a plan, some accountability, and a willingness to be open to the emotional aspects of the journey can go a long way toward successful financial planning.

For a full transcript of the episode and much more, check out the blog post on our website!

Connect with David

https://turningpointhq.com/

https://www.linkedin.com/in/davidwfrank/

Get Unstuck in Your Finances

Does this sound familiar?

“I have a lot of anxiety around money, so I just avoid it.” “I’m just getting by with money, but that’s it. I know I should be saving for my future, but I’m not.”

If this sounds familiar, you’re probably stuck in your finances. But it doesn’t have to be that way. There is a reason things aren’t changing for you. It’s that your relationship with money needs to change!

Get the FREE mini training, The Secret to Getting Unstuck in Your Finances: http://workshops.moneyskillsfortherapists.com/gettingunstuck

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!

Have you considered how to partner with organizations to serve populations you love while still supporting yourself financially? Linzy talks with Dr. Omolara Uwemedimo who specializes in helping therapists create profitable practice partnerships that better serve communities without sacrificing the therapist's wellbeing.

Dr. Omolara and Linzy dive into the world of partnerships and how those opportunities can make it possible for therapists to serve underrepresented populations without having to sacrifice their own financial wellbeing. These partnerships can make it possible to grow your impact while working within your passion area. Listen in to discover the opportunities that exist beyond one on one sessions.

Connect with Dr. Omolara:

www.melaninandmedicine.co

https://linktr.ee/dr.omolara

For a full transcript of the episode and much more, check out the blog post on our website!

Group practice owners, do you want to work with Linzy?

Are you a group practice owner who's tired of feeling overwhelmed and stressed about your finances? - Do you feel like you're doing all the work for none of the money and are tired of constantly worrying about your bank account?- Do you want to create a group practice that is financially stable, reflects your values, and takes good care of you and your team?

If you answered yes to any of these questions, you’re going to want to hear all about the new cohort for my course Money Skills for Group Practice Owners! This six-month course will take you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice.

To learn more about Money Skills for Group Practice Owners and apply click here.

How can you better support your clients financially while still taking care of your own financial needs? Linzy talks with guest Christine Li, founder of Mentaya, who shares about the out-of-network benefits that many clients could access when attending therapy sessions with therapists who don't take their insurance. Christine shares that many therapy clients are missing out on little known insurance benefits that could save them money for each session even if they work with therapists who do not take their insurance.

For therapists and therapy clients, Mentaya is a provider that can bridge the gap with insurance to help clients quickly and easily access coverage. Mentaya also provides a tool for therapists that can immediately tell them what kind of coverage a potential client has so that the client can have a realistic picture of what the therapy will ultimately cost. Listen in to learn more about how therapists can easily help clients take advantage of this benefit.

Connect with Christine

Check out Mentaya: https://www.mentaya.com/therapists

Use promo code “Linzy” to try Mentaya's benefits calculator for 1 month free!

Or connect with Christine and her team on Instagram:

https://www.instagram.com/mentaya._/

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!

For a full transcript of the episode and much more, check out the blog post on our website!

How quickly are you getting new clients in for consultations? What does the onboarding process look like for a new client? Linzy's guest Nicole McCance explores common problems group and solo practitioners have when onboarding new clients, and Nicole provides actionable solutions for how to address those problems.

Nicole and Linzy discuss the fact that while marketing is important, if you have problems in your client onboarding process, you can miss out on more profit and more clients. Listen in to hear specific tips from Nicole about steps you can take today to increase your profitability and to help more people.

For a full transcript of the episode and much more, check out the blog post on our website!

Connect with Nicole

Get Nicole’s Expand Your Practice Starter Kit: https://members.mccancemethod.com/discover-how-to-expand-your-psychotherapy-practice-in-3-easy-steps/

Group practice owners, do you want to work with Linzy?

Are you a group practice owner who's tired of feeling overwhelmed and stressed about your finances? - Do you feel like you're doing all the work for none of the money and are tired of constantly worrying about your bank account?- Do you want to create a group practice that is financially stable, reflects your values, and takes good care of you and your team?

If you answered yes to any of these questions, you’re going to want to hear all about my brand new course Money Skills for Group Practice Owners! This six-month course will take you from feeling like an overworked, stressed and underpaid group practice owner, to being the confident and empowered financial leader of your group practice.

To learn more about Money Skills for Group Practice Owners click here to join the Waitlist.

We will open our Doors in November for our Second Cohort starting in January 2024.

How can your website better serve your private practice business? Guest Samantha Mabe talks about the importance of having a website presence and the essential components of websites for health practitioners in private practice.

Listen in to hear practical tips about how to design and analyze your website to make sure it is working for you. Samantha also shares about costs and expectations for practitioners looking for support with website creation.

Connect with Samantha:

Website: https://www.lemonandthesea.com/homepage-writer

Instagram: https://www.instagram.com/lemonandthesea/

LinkedIn: https://www.linkedin.com/in/samanthamabe/

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!

For a full transcript of the episode and much more, check out the blog post on our website!