Money Skills For Therapists

205: Client Care and Your Wellbeing: Raising Your Rates for Good


Listen Later

Have you been avoiding raising your fee, because you're scared to have those hard conversations with your clients? If so, this is the episode for you...

One thing I see all the time with therapists in private practice—especially around money, caseload size, and accessibility—is the pull between taking care of your clients and taking care of yourself.

In this coaching conversation, I sit down with Jessica Katz, a graduate of the Money Skills for Therapists program, to look at what happens when your fee structure, schedule, and financial needs aren't aligned — and then how to start shifting toward building a practice that supports both your clients and your own wellbeing.

Ready to feel more calm and confident about your money?

Do you feel confused, ashamed, or uncertain about your finances? Are you craving support to help shift your money mindset and transform your relationship with money?

Are you ready to gain practical tools and the confidence you need to finally take control of your business finances?

If so, I’d love for you to join me for one of my free online workshops, designed specifically for private practice owners who feel stuck—whether it’s mindset blocks, avoidance, or the technical side of managing money.

In just one hour together, you’ll gain clarity, practical strategies, and next steps to move forward with intention.

Click here to explore upcoming workshops and save your spot or register to get the replay.

Finding Balance Between Client Care and Sustainability

As helpers and healers, it's natural for us to think that we're "good therapists" by helping everyone at a price they can afford. But you can actually show up stronger and with more mental space for those you serve by prioritizing yourself and protecting your time.

Wide sliding scales, inconsistent fees, and overextended schedules can slowly turn into money anxiety, burnout, and a sense that you're always behind.

What we explore here is how these patterns form—and how they're often rooted in emotional labor, people-pleasing, and a desire to preserve relationships at any cost.

When your time, energy, and finances aren't protected, it becomes harder to stay present in your clinical work and more difficult to maintain long-term client retention.

The shift isn't about doing less for your clients—it's about creating a structure where your financial needs, energetic needs, and values alignment can coexist.

Emotional Awareness and Practical Shifts

When you start to look at your schedule, your fee structure, and your boundaries together, it becomes easier to see what's actually sustainable. Charging a higher fee creates a positive ripple effect because both you and your client recognize the value and cost of this session, leading you both to make the very best of your time together.

(00:03:16) Talking about fee raises

(00:09:16) Setting up an ideal workweek

(00:10:49) Managing energy across work sessions

(00:14:03) Setting a balanced work schedule

(00:21:05) Navigating infertility and pregnancy loss

(00:24:33) Value of paying for expertise

(00:29:53) Prioritizing self-care for clients

(00:33:39) Navigating guilt and true values

(00:39:06) Improving finances for therapists

Letting Your Practice Support the Work You Want to Do

This conversation comes back to quality over quantity. When your caseload is too high or your rates don't reflect your work, it becomes harder to stay present and make grounded decisions. As you begin raising your rates, setting clearer boundaries, and adjusting your schedule, discomfort is normal; but those changes often lead to stronger relationships and better therapy outcomes for both you and your clients.

A sustainable practice isn't built on stretching yourself thinner—it's built on clarity, boundaries, and allowing your work to support you too.

About Jessica Katz:

Jessica Katz is a reproductive mental health therapist specializing in infertility and family building through reproductive treatments. Through her private practice, Empress Counseling, she supports individuals and couples navigating infertility, pregnancy loss, perinatal mood disorders, and third-party reproduction, helping clients make grounded, values-aligned decisions.

With a strong analytical background and training in Money Skills for Therapists, Jessica brings both financial clarity and self-awareness to her work, focusing on sustainable, aligned private practice.

Follow Jessica Katz:

Therapy practice: https://www.empresscounseling.com/

Social media: https://www.instagram.com/empresscounseling

Get to Know 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 Skills for Therapists 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.

Follow Linzy Bonham:

About Page: https://moneynutsandbolts.com/about/

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

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

...more
View all episodesView all episodes
Download on the App Store

Money Skills For TherapistsBy Linzy Bonham

  • 5
  • 5
  • 5
  • 5
  • 5

5

81 ratings


More shows like Money Skills For Therapists

View all
Therapy Chat by Laura Reagan, LCSW-C

Therapy Chat

679 Listeners

Abundant Practice Podcast by Allison Puryear

Abundant Practice Podcast

236 Listeners

Where Should We Begin? with Esther Perel by Esther Perel Global Media

Where Should We Begin? with Esther Perel

14,969 Listeners

The Couples Therapist Couch by Shane Birkel

The Couples Therapist Couch

270 Listeners

Everything Happens with Kate Bowler by Everything Happens Studios

Everything Happens with Kate Bowler

5,159 Listeners

The Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy by Curt Widhalm, LMFT and Katie Vernoy, LMFT

The Modern Therapist's Survival Guide with Curt Widhalm and Katie Vernoy

239 Listeners

Light Up The Couch by Clearly Clinical

Light Up The Couch

333 Listeners

Notice That by Jen Savage and Bridger Falkenstien

Notice That

311 Listeners

The Money Sessions by Tiffany McLain

The Money Sessions

98 Listeners

Therapy For Your Money by Julie Herres

Therapy For Your Money

49 Listeners

Good Inside with Dr. Becky by Good Inside

Good Inside with Dr. Becky

4,524 Listeners

We Can Do Hard Things by Treat Media and Glennon Doyle

We Can Do Hard Things

41,512 Listeners

Reimagining Love with Dr. Alexandra Solomon by Dr. Alexandra Solomon

Reimagining Love with Dr. Alexandra Solomon

296 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,222 Listeners

The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice by Nicole McCance

The Business Savvy Therapist: Marketing, Hiring & Systems to Grow and Scale Your Therapy Practice

85 Listeners