Money Skills For Therapists

157FF: Navigating Taxes and Ethics in Your Private Practice


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How do you stay aligned with your values when your taxes fund things you don’t believe in? In this Feelings and Finances episode, Linzy responds to a question from Lessey, a therapist grappling with the ethical dilemma of paying taxes that support government practices and systems she finds morally troubling. Lessey is exploring whether it’s possible to feel at peace with paying taxes in a system that doesn't align with her values, and whether there’s anything she can do about it.

Linzy offers a thoughtful exploration of the complexities of taxes and the ethical considerations that come with them. She acknowledges that taxes often go toward programs and initiatives that we may not support, but she emphasizes that the system is multifaceted—our tax dollars also fund schools, roads, and other public programs that are beneficial to society. 

Linzy encourages Lessey to focus on how to use her sphere of influence to advocate for causes that align with her values and to consider using her personal finances to support the things she believes in. She also suggests finding ways to feel empowered within the tax system, like making charitable donations and utilizing tax-saving strategies.

Tune in for a discussion exploring how we can ethically and emotionally navigate the tension between our financial responsibilities and personal values.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17106

To watch a video version of this, check it out on YouTube: https://youtu.be/aoQ61bHrU2g 


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/

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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/ 



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Money Skills For TherapistsBy Linzy Bonham

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