Have you ever felt guilty for wanting to earn more, raise your fees, or build real financial security as a therapist?

In this episode of The Build Your Private Practice Podcast, Liane sits down with Kris Sabramsky, certified financial planner and founder of Therapist Financial, to talk about how therapists can build lasting wealth without compromising their values or their commitment to client care.

Kris shares what he has learned from working with more than 100 therapists across Ontario, including why so many practice owners feel unclear or overwhelmed when it comes to their money. From unpredictable session-based income and cancellations to taxes, retirement planning, and the lack of an employer pension, therapists face financial realities that traditional advice does not always account for.

This conversation offers a grounded, practical look at what financial stability can mean for therapists—not a lavish lifestyle or chasing arbitrary income goals, but having the clarity and security to pay your bills, plan for the future, enjoy your life, and continue doing meaningful clinical work without constant financial stress.

You'll hear why getting organized is the first step, how a financial plan can reduce anxiety and support better decisions, and why starting small is still worthwhile when it comes to saving and investing.

Kris also breaks down Canadian savings and investment accounts in plain language, including RRSPs, TFSAs, corporate investment accounts, and FHSAs. He explains why keeping your investment strategy simple may be more effective than trying to outsmart the market—and why incorporation is not automatically the right choice for every successful therapist.

In This Episode, You'll Learn

• Why financial stability can help you show up more fully for your clients

• How guilt around fees and wealth can affect therapists

• Why understanding your income and expenses is the first step toward financial clarity

• What a financial plan can tell you about your current position and future goals

• How living within your means can support both your present lifestyle and long-term plans

• Why starting to save early makes such a significant difference

• How compound growth and the Rule of 72 work

• Why simple, long-term investing strategies can be so effective

• The differences between RRSPs, TFSAs, corporate accounts, and FHSAs

• What to consider before deciding to incorporate your private practice

• The first practical step to take when you feel behind or overwhelmed by your finances

Connect with Kris Sabramsky

Learn more about financial planning created specifically for therapists and book a short fit call with Kris:

https://therapistfinancial.com

Build a Practice That Supports Your Life

For practical resources, programs, and support created for Canadian therapists, visit:

https://www.buildyourprivatepractice.ca