Money Skills For Therapists

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.

Episodes

February 24, 2026 32 mins

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 gently challenge you to explore what it actually means to build a sellable therapy practice—not because you should sell someday, but because thinking this way creates more freedom, sustainabi...

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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 — the times when you feel energized, expanding, and deeply aligned… and the times when you feel tired, restless, like you’re questioning everything, or quietly pulling back. If you’ve ever...

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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 graduates of Money Skills for Group Practice Owners, to talk through what it really looks like to manage cash flow during a summer slump while still honoring long-term vision, wellness, and exp...

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One of the most powerful (and often unspoken) ways we shape our kids’ relationship with money is through our own financial values and beliefs. The way we talk about money, how we feel about money and the habits we build around money ultimately become inherited by our children.

In this solo episode, I reflect on the big hand we play as parents in creating our kids' money stories. I also explore what it looks like to model healthier f...

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As therapists, most of us were never taught how to run a business—let alone how to manage money, payroll, hiring, or leadership in a way that’s both ethical and sustainable.

Licensed therapist and group practice owner Gordon Brewer and I talk openly about money mindset, generosity, boundaries, hiring mistakes, and what it really takes to create a financially sustainable group practice without burning yourself out or sacrificing qual...

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As therapists, many of us feel a deep tension when it comes to pricing—especially when we’re creating group offers, workshops, or professional-facing experiences during uncertain social, political, and economic times.

In this coaching episode, I sit down with trauma therapist Kim Torrence to explore what really comes up when we try to assign value to our work: fears about accessibility, old beliefs about service and self-sacrifice, ...

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As we begin to take our financial needs seriously—raising fees, setting boundaries, and valuing our work—those shifts don’t stay contained to our businesses. They often ripple into our personal lives, especially our friendships. In this episode, I talk about what can happen when we move from self-sacrifice to self-advocacy, and how that transition can quietly (or painfully) change the dynamics of the relationships we’ve built.

I exp...

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If you’re a therapist who carries the weight of being the primary breadwinner while also wanting more presence, more ease, and more time with your family, this episode is for you. This isn’t a conversation about hustling harder or squeezing more productivity out of already-full days. It’s about slowing down enough to make values-based decisions—so your money, time, and energy actually support the life you want to be living.

In this ...

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Have you ever felt that deep longing to step away from your practice—not for a long weekend or a quick vacation, but for a real pause? A stretch of time where you can rest, reset, and reconnect with yourself outside of the constant giving that comes with this work? That’s exactly what Maegan Megginson and I explore in today’s episode. 

Why Sabbaticals Matter—Beyond “Time Off” 

Most of us only hear the word sabbatic...

Lately, I’ve been hearing from so many practice owners who are feeling the shift in the economy, and I want you to know—you’re not alone. Things have changed. The phones aren’t ringing like they used to, and it can feel unsettling. But this is a season that calls for flexibility, curiosity, and compassion for yourself.

In this follow-up conversation, Julie and I shift from last week’s heavier economic outlook to something far more...

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Lately, so many of us are feeling the ripple effects of a shifting economy. You might notice yourself being a little more careful with your grocery budget… or you may be seeing clients cancel, space out, or step back from therapy to save money. These changes can feel unsettling, especially when you’re responsible for running a private practice, caring for clients, and supporting your own household.

In this episode, I sit down with ...

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Have you ever noticed old messages about money, morality, or success still lingering—long after you’ve left a faith community or belief system that once shaped your world? In this episode, I sit down with licensed marriage and family therapist Emily Maynard to explore how growing up in or leaving a high-control religious environment can deeply influence your relationship with money.

We talk about how these systems teach people—ofte...

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Have you ever caught yourself living in constant hustle mode — pushing for the next milestone in your therapy practice but rarely pausing to breathe, to celebrate, or to simply be?

I sit down with Jenny Jonker, a therapist, practice owner, and graduate of both my Money Skills for Therapists and Money Skills for Practice Owners programs. Jenny’s story is powerful — she shares how her immigrant background, her family’s experience fle...

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If you’ve ever felt like marketing your therapy practice is confusing, intimidating, or just not your zone of genius, you’re not alone. In this episode, I want to help you breathe a little easier about it. Marketing doesn’t have to be reactive or overwhelming. It can be intentional, sustainable, and rooted in long-term success for your business and your peace of mind.

Whether you’re just opening your solo practice, looking to welco...

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What happens to your private practice—and your finances—when perimenopause hits and you just don’t feel like you used to?

As therapists and health practitioners, we’re used to holding space for others—even when our own capacity is changing. If you’re noticing changes in your energy, focus, or mood and wondering how to keep your practice (and your finances) healthy, this episode might be just what you need.

In this episode, I break do...

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Have you been pushing through life, from one milestone to the next, with little rest in between?

If so, you’re not alone. In the early years of establishing a private practice, ambition often outweighs quality of life and self-care, but it doesn’t have to be that way, and it definitely doesn’t have to stay that way...

During this coaching episode, I help Kellie explore what life can look like now that she has moved out of survival mo...

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Faith is a big part of our relationship to money. And this is something that I've had come up with my students over the years, not surprisingly, as they're working through their beliefs around money.

So many of the messages we receive about money come from this space -- either from what we witnessed growing up in a faith community or from experiences within our current community. And sometimes these beliefs are ones that folks don'...

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How much and how often should I be paying myself from my private practice?

How can I effectively manage my business expenses?

How much money should I spend on personal development each year?

How much should I set aside for taxes?

These are some of the most common questions I help therapists solve when they join my signature course, Money Skills For Therapists, and are looking to gain clarity into their business finances and creat...

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How much should you charge for a talk?

That’s the question my guest, Alyssa Zajael, has been exploring lately after receiving invitations to speak at a few small local organizations and a larger college group. As a graduate of my Money Skills for Therapists course, Alyssa already feels confident in her one-on-one pricing and the financial management of her solo practice. But stepping onto a stage and speaking to a bigger audience ...

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As therapists, we often see bookkeepers as the magicians of our business finances — the ones who keep everything organized, balanced, and under control. I’ve noticed, though, that many of us feel a gap between what our bookkeepers know and what we understand about how money actually works in our own practices.

In this episode, I talk about some of the defensiveness and gatekeeping that can show up in the financial world — especiall...

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