How To Overcome Money Anxiety In Your Holistic Private Practice: Interview with Linzy Bonham

The Holistic Counseling Podcast

This episode is sponsored by Alma. Alma is on a mission to simplify access to high-quality, affordable mental health care by giving providers the tools they need to build thriving in-network private practices. When providers join Alma, they gain access to insurance support, teletherapy software, client referrals, automated billing and scheduling tools, and a vibrant community of clinicians who come together for education, training, and events.

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How can you begin to overcome money anxiety in your private practice? How can you begin to acquire the skills to run a successful and sustainable practice?

MEET Linzy Bonham

Linzy Bonham is a private practice therapist turned money coach who helps private practice owners and health professionals feel calm and in control of their finances through her coaching at Money Nuts & Bolts and her podcast Money Skills for Therapists. It all started when she saw her extremely skilled colleagues struggle with the money side of business. Some had even left private practice or were avoiding starting one because the financial side was too stressful. So Linzy decided to help therapists and health professionals develop peace of mind about their money. Since so many were never taught these skills, she focuses on the “how” of making the business side of private practice doable, and even super satisfying.

Find out more at Money Skills For Therapists and connect with Linzy on Instagram

Money Skills For Therapists The Podcast

IN THIS PODCAST:

• Why are finances so difficult for some people? 4:50
• What are the common mistakes that therapists make when dealing with their finances? 9:18
• What are some common misconceptions that therapists have about money and finances? 12:41
• Strategies to become more confident with money 18:21

Why Are Finances So Difficult For Some People?

• Do you have to be good at math to be good at finances?
• How does your personality affect the way you deal with money?
• Why do we avoid dealing with our finances?
• Understanding what your “connection” is with money

What Are The Common Mistakes That Therapists Make When Dealing With Their Finances?

• How to find the right money management strategy for you
• The importance of understanding how taxes work for your individual practice
• Changing your mindset on owing taxes

What Are Some Common Misconceptions That Therapists Have About Money And Finances?

• Why do we feel guilty about earning money?
• How do your values and money go together?
• The importance of identifying what your values are
• What is the difference between money and finances?

Strategies To Become More Confident With Money

• Identifying what your beliefs are about money and finances
• Finding a system that suits your brain
• Dealing with clients when it comes to payments and policies
• Where to start when managing money and finances as a therapist

Connect With Me

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The Art of Breath: How to Integrate Breathwork Techniques for Effective Therapy Sessions with Chris McDonald, LCMHCS

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Resources Mentioned And Useful Links:

Find out more at Money Skills For Therapists and connect with Linzy on Instagram

Money Skills For Therapists The Podcast