5: Take Charge of Your Financial Future: Money & Boundaries for Therapists

Money and having a meaningful career doesn't have to be at odds—yet many therapists struggle with financial stress, low wages, and the emotional challenges of discussing fees and setting boundaries in the interest of caring for clients. In this episode, we explore how to understand your money beliefs, shift your mindset, set boundaries, and create a sustainable practice that truly meets your needs.

 

What You'll Learn:
🔹 How your money beliefs shape your practice
🔹 Strategies for managing a sliding scale without burnout
🔹 Setting financial boundaries to protect your energy
🔹 When and how to raise your rates with confidence
🔹 Defining your “rich life” as a therapist

 

Take one actionable step today: Reflect on your financial goals, review your rates, or set a boundary that aligns with your worth. Share your commitment with a friend or on social media for accountability!

 

Resources & Links:

• Profit First
• I will Teach You To Be Rich
• Financial Feminist and Her First 100k (podcast and book)
• Money Questions
• Earnings Chart
• ChatGPT Prompt for Determining Financial Needs 

 

Sponsor: 

Simple Practice: Use this link to access an exclusive 30-day free trial PLUS an additional month free when you add a credit card. 

• Access an exclusive 30-day free trial for your network PLUS an additional month free when you add a credit card  

 

Next Steps:

• Subscribe to the podcast so you don’t miss an episode.
• Share this episode with a fellow therapist who might need a reminder that they’re not alone.
• Leave us a written review wherever you are listening.

 

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