Are you unsure how to balance insurance with private pay in your private practice? In today’s Feelings and Finances episode, Linzy answers a question from Katie, who is exploring how to make insurance work for her while avoiding overworking herself in private practice. Katie is seeking clarity on whether it’s possible to take insurance and still build a financially sustainable practice without overloading her schedule.

Linzy dives into how you can reverse-engineer your financial needs and create a plan for your practice that strikes the right balance. Through practical strategies and real-world examples, Linzy shares how you can calculate the number of insurance and private pay clients needed to hit your income goals. She also talks about the flexibility private practice allows to blend both types of clients, ensuring accessibility while avoiding burnout.

If you’re navigating the tension between insurance and private pay, this episode offers valuable insights into how to manage both while maintaining balance and achieving your financial goals.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17453 

To watch a video version of this, check it out on YouTube: https://youtu.be/a75W8uPF-u0 

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/

Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/

https://moneynutsandbolts.com/masterclass-signup/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

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How do you heal your relationship with money and shift your mindset around finances? In today’s episode, Linzy sits down with Bari Tessler, a financial therapist and the author of The Art of Money, to explore the emotional and somatic aspects of financial healing. Bari shares her decades of experience working with clients to shift their money stories and provides actionable insights on how to approach money with clarity, presence, and compassion.

Bari discusses the importance of identifying and understanding our money stories—those deeply ingrained patterns and beliefs we carry from childhood and beyond—and how they shape our financial behaviors. She introduces somatic tools that can help us regulate our emotions around money and create a healthier, more conscious relationship with our finances. Linzy and Bari also discuss why it’s crucial to incorporate both emotional healing and practical financial skills to build a balanced, sustainable financial life.

If you're ready to reframe your relationship with money and learn practical steps to heal your money story, this episode is for you. Tune in to hear Bari’s expert guidance on navigating the complexities of money with a compassionate, embodied approach.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17429

To watch a video version of this, check it out on YouTube: https://youtu.be/0iEi3L073MM 

Get Bari’s Free Money Mocha Email Course HERE

Over the course of seven days, you’ll see short, easy-to-read introductions about…

• Useful somatic tools to help you navigate challenging money emotions (think shame, anxiety and overwhelm).
• Practical steps (aka: ritualized money dates) you can start right now to change the way you interact with money on a daily basis.
• Creative exercises to help you build a more confident and empowered relationship with money.
• A new way to track your numbers where your deep values get infused into what used to be dry, boring number crunching.

Whether you’re tentatively wading into these new waters or wholeheartedly diving in, all of you is welcome there, nervous jitters and all.

Mentioned in this episode:

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.

Register for Linzy's Free Masterclass

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

What financial protections do you need when you own your own private practice? In today’s Feelings and Finances episode, Linzy answers a question from Katie, a therapist transitioning to full-time private practice. Katie is wondering whether she should focus on building an emergency savings fund or invest in disability insurance, especially since she’s the provider in her family.

Linzy discusses the importance of understanding your personal financial situation and making thoughtful decisions about insurance and savings. She highlights the value of disability insurance and life insurance as essential safeguards, especially when you’re the primary income earner. Linzy also shares her own experience with insurance and offers advice on how to balance building a savings cushion with purchasing insurance to ensure your financial stability.

If you’re a therapist trying to figure out how to protect yourself financially while running your practice, this episode offers essential tips for managing risk and building stability. You’ll leave with a clearer understanding of how to create a plan that ensures your practice remains sustainable and your financial future secure.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17412 

To watch a video version of this, check it out on YouTube: https://youtu.be/doEkcf9iEDY 

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/

Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

Follow Linzy on LinkedIn: https://www.linkedin.com/in/linzybonham/

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

Do you struggle to prioritize your own self-care in the face of your clients’ needs? In today’s coaching episode, Linzy talks with Melissa Tiessen and Karen Dyck, co-founders of Intentional Therapist, about the importance of self-compassion for therapists and how it intersects with money and practice sustainability.

Melissa and Karen discuss the risks of neglecting self-care, particularly for therapists who are often inclined to put others first. They introduce the Four Cs framework, which provides a comprehensive approach to caring for yourself while also nurturing the quality of care you offer your clients. With insights on setting boundaries, building connection, and fostering creativity, this episode provides invaluable tools for therapists who want to create a sustainable practice without sacrificing their personal well-being.

If you’ve ever found yourself burnt out or stretched too thin, this episode is for you. Tune in to learn how self-compassion can lead to a healthier, more balanced practice and life, helping you show up as your best self for your clients—and for yourself.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17392

To watch a video version of this, check it out on YouTube: https://youtu.be/7EfZYc41s7M 

Connect with Dr. Karen Dyck and Dr. Melissa Tiessen

Check out our website: https://www.intentionaltherapist.ca/

Connect with Melissa on LinkedIn: https://ca.linkedin.com/in/drmelissatiessen 

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/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

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.

Register for Linzy's Free Masterclass

Are you intimidated by the numbers in your cash flow spreadsheet? In this Feelings and Finances episode, Linzy answers Allison's question about managing cash flow as a group practice owner. With a focus on moving beyond the fears around spreadsheets, Linzy discusses the tools and mindset shifts needed to develop mastery over your clinic’s financial flow.

Linzy walks through the key components of a working cash flow system, including a simple weekly metrics tool that helps you keep track of money coming in and out, as well as clinician performance and marketing metrics. She explains how developing a light-touch relationship with these numbers, through consistent weekly check-ins, creates familiarity and confidence in your finances. Linzy also emphasizes the importance of curiosity and presence with your numbers, and how this mindset allows you to identify issues early and make informed decisions.

If you’re ready to stop fearing your cash flow spreadsheet and start confidently navigating your practice’s finances, this episode offers essential insights.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17313 

To watch a video version of this, check it out on YouTube: https://youtu.be/7vM-N2Vu7SU 

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/

Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

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/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

Are you overwhelmed by student loan debt and unsure about your options? In this episode, Linzy is joined by expert Connor Pierce from Student Loan Planner to explore the ins and outs of student loans and how to effectively navigate loan forgiveness programs.

Connor explains why student loans are unique compared to other types of debt and why the typical approach to debt repayment doesn’t always apply. Connor and Linzy discuss the various forgiveness programs available, including the critical steps needed to ensure that you’re on the right track and can maximize your potential for loan forgiveness. Connor also shares the tax implications that could surprise many borrowers who get their loans forgiven—knowledge that could save you thousands down the road.

This episode is packed with important insights for anyone with student loans, especially therapists and health practitioners who may feel stuck or uncertain about their financial future. Tune in to learn how to clarify your student loan situation, optimize your forgiveness potential, and start making smarter financial decisions today.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17321 

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

Connect with Connor and Student Loan Planner

Got student loans but have no idea what to do with them? Our friends over at Student Loan Planner are the experts in all things student loans. They have consulted on over $4.3 billion in student debt, and found $1.4 billion in projected student loan savings for the professionals they have worked with.

A LOT will be changing with a Trump Administration when it comes to student loans, so if you are looking to meet with an expert on how you can potentially save thousands on your student loan repayment, book a 1:1 consult using our referral link and get $100 off! https://www.studentloanplanner.com/moneynutsandbolts

Mentioned in this episode:

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.

Register for Linzy's Free Masterclass

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17240

To watch a video version of this, check it out on YouTube: https://youtu.be/R2Nnk9_1_bw 

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/

Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

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/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

How do you plan for a successful transition from a full-time job to private practice? In today’s coaching session, Linzy helps Christine, a therapist who is working full-time and running a private practice on the side, navigate the complex decision of leaving her full-time job to grow her private practice.

Linzy and Christine dive into the practical numbers and logistics of transitioning to private practice full-time, examining how to calculate income needs, handle taxes, and build financial stability. They also explore the emotional challenges that arise when making big shifts, particularly the fear of trusting ourselves and the pressure to accumulate savings and security.

Christine opens up about her inner doubts and fears around self-trust, and Linzy offers practical tools to help shift those limiting beliefs. This episode will give you a behind-the-scenes look at the mindset shifts required to make a leap to full-time private practice and how to balance the security of a full-time job with the desire to grow your business.

Tune in for actionable advice and reflections on making big transitions in your business, all while staying grounded and confident in your decision.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17234

To watch a video version of this, check it out on YouTube: https://youtu.be/zwyFSwm6UfI 

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/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

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.

Register for Linzy's Free Masterclass

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/

Follow us on Instagram: https://www.instagram.com/moneynutsandbolts

Follow us on Facebook: https://www.facebook.com/moneynutsandbolts

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/ 

Mentioned in this episode:

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay

Are you ready to grow your practice but struggling with how to do so without burning out?

In this episode, Linzy sits down with Amber Hawley, a therapist and business coach who specializes in helping therapists scale their practices without compromising their mental health. Amber opens up about her own experience growing a private practice and shares her best strategies for managing both business and personal well-being. Together, Amber and Linzy explore how to avoid burnout, tackle overwhelm, and ensure that your growth plans align with your personal values.

Amber breaks down the practical steps therapists can take to build systems in their practice that foster sustainability. She discusses the importance of boundaries, delegation, and recognizing when to invest in support to keep your practice running smoothly. Additionally, Amber and Linzy explore the mindset shifts necessary for charging what you're worth and setting financial goals that actually align with your desired lifestyle.

If you want to grow your practice in a way that supports both your financial goals and personal happiness, this episode is packed with practical advice to help you achieve both.

For a full transcript of the episode and much more, check out the blog post on our website! https://moneynutsandbolts.com/?p=17116

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

Connect with Amber Hawley

Download Amber’s  Free "Shiny Object or Smart Move?" Assessment

This 2-page guide helps you quickly distinguish between true opportunities and those shiny distractions that keep you stuck in the "always starting, never finishing" cycle.

Stop second-guessing your decisions. Get the simple assessment that helps you:

• Cut through the excitement and see the real potential
• Make confident decisions about where to invest your energy
• Finally know when to say "not now" to tempting opportunities

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! 

Mentioned in this episode:

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.

Register for Linzy's Free Masterclass

Check Out Relay for Business Banking

Skip banking fees, minimum balances, and tedious bank visits. Start with the unicorn of all banks, Relay, my go-to money management and online banking platform.

Sign Up for Relay