The Money Sessions

In this episode, we'll hear from Rose Kormanyos, a therapist in private practice and graduate of Lean In. MAKE BANK. I've had the privilege of working with Rose in many different capacities and her story is truly inspiring. She comes from a science background and always thought of herself as the "trailing spouse" in which her husband was the primary income earner. UNTIL, she had a moment of clarity when she realized she was treating her private practice like the trailing spouse and not really taking her business seriously. The couple couldn't rely solely on her husband's income to get to where they wanted to be financially, as well as in life, leaving Rose to conclude that something had to change. If you've ever considered yourself the "trailing spouse" in your relationship, this episode will encourage you to strive for breadwinner status and challenge you to take your private practice seriously. In this episode, Rose will share: How she had to overcome her identification as an introvert in order to really grow her practice; How she's been able to get her practice established quickly in a new town after moving several times; What it felt like to raise her fees from $100 to $175/session; How she set a clear and organized cancellation policy; The effects these changes have had on her clinical work, as well as her personal life; And the impact she's been able to make with her clients as she continues to challenge her own growth. Resources mentioned: Lean In. MAKE BANK. WellnessFi Redwood Counseling More about Rose: Rose Kormanyos is an Independent Marriage and Family Therapist and owner of Redwood Counseling, LLC in Cincinnati Ohio. Rose specializes in providing "Couples Therapy for Nerds" - meaning couples with one or more members in the S.T.E.M. professions. Before becoming a therapist, she trained and worked as an ecologist. She now brings her scientific thinking to help logical minds learn how to slow down and express their deeper emotions in their relationships. She still frequently unleashes her own inner nerd by hiking with her mischievous Welsh terrier, geeking out at museums with her spouse, and spending an inordinate amount of time at professional trainings with colleagues. You can find her practice at www.RedwoodCounselingCincinnati.com, and the Hold Me Tight couples workshop she co-facilitates at www.HoldMeTightCincinnati.com.

If you didn't grow up with money, it's hard to find financial advisors and tax people who you can trust. This is why I like to bring on the folks from WellnessFi so you can get to know them, learn more about their story, and make an informed decision about who to entrust with your money. Today, we'll be hearing from Eddie Valls, founder of WellnessFi, a bookkeeping and tax advisory company that works specifically with wellness practitioners. This episode will not be about the details of taxes, but rather we'll dive in and have an in-depth conversation about Eddie's life - how he got into the finance world and why he ended up specializing in working with therapists. If I had a company like WellnessFi back when I started in private practice, it would've saved me so much time, money, and money anxiety. I just want to help you! Because I've had my own notsogreat experiences with tax advisors that ended up costing me more time and even more money. In this episode, Eddie will share: His family of origin story growing up and why he became an accountant; His fears about taking risks and starting his own company; What allowed him to leave his "secure" 9-5 job to venture out on his own; Why he decided he wanted to help therapists; The things he notices coming up for therapists when working with them to get their finances straight; And his top tactical suggestions for sorting out your finances. Resources mentioned: Wellnessfi.com/heytiffany More about Eddie: Eddie Valls is the owner and chief advisor at WellnessFi. He's a financial and accounting professional with a passion for working with small businesses to help them maximize their wealth. Being married to a therapist, it was a matter of time before he would channel his enthusiasm toward helping his wife's peers in the wellness community. His background includes: tax professional at the 3rd largest accounting firm in the world, financial auditor at the 5th largest accounting firm, small business and startup bookkeeper in Silicon Valley, market analyst at a tiny firm in East Austin, a Bachelors degree in finance, and a Masters degree in Accountancy. Eddie currently resides in Austin where he splits his time between WellnessFi, auditing state agencies, and family time.

In this episode, we'll hear from Dr. Dori Gatter, a psychotherapist and business consultant, who left her agency job to start her own private practice 25 years ago. She now charges over $300 for individuals and over $400 for couples. Dori will talk about how she started making changes incrementally and then ultimately, blew it out of the water. She'll also dive into how her premium fees have allowed her to really give back to the people she's passionate about serving because she now has the resources to do it. Dori was a single woman when she started out on her journey and having grown up in poverty, the odds were stacked against her. However, she built the practice and business she has today by putting in the hard work required - the hard internal & mental work it takes to really challenge yourself and play big. In this episode, Dori will share: How she had to get incredibly uncomfortable to be able to make these changes; How she left her agency job to start her own private practice; What it's been like working her way up from $80/session; What she's used to break the limitations of her money mindset and past narratives; How a mistake led her to charge over $400 for a session; The importance of having mentors to be able to see what's possible; And the feelings she experienced when she started to grow beyond her mentors. Resources mentioned: Dr. Dori Gatter's Website Media Course: Get Published! Shadow Alchemy Masterclass WellnessFi More about Dori: Dr. Dori Gatter is a Psychotherapist, Relationship Expert, Business Relationship Coach, Speaker and Founder Coach for over 25 years. She has been featured as an expert on Bravo, Forbes, Huffington Post, NBC, CBS, Fox, Cosmopolitan and many more. Dori is an official member of the Forbes Coaches Council. Find out more about Dori here.

In this episode, we'll hear from New York based therapist, Dr. Heather Stevenson who stands firmly behind her fee...no matter what. You see, Heather is still in the process of growth. Her practice is not full, she hasn't yet met her income goals, and she doesn't have clients lined up at her door. But what she does have is the strength and courage to stand her ground when it comes to her fees. What do we do when we're in this position and a potential client asks us to lower our fee? Today, we get to hear from someone who is able to say no, despite her practice not being where she wants it to be...yet. Heather understands that in order to build the practice she knows she can build, the dream practice she imagines, that she has to make the tough decisions - starting now. She understands that she must be willing to tolerate the discomfort in between. Although it's not easy to stick to your full fee under every circumstance, there are people who are doing it and Heather will explain what it takes - the challenges, the anxieties, and the mindset required to allow someone to do it. In this episode, Heather will share: What it was like growing up in a family that was on the poverty line; How it felt to say no when a potential client asked her to lower her fee; Why she refuses to settle for less than her fee of $225; What it's like being in the midst of growth; The mindset shift needed in order to stay true to her worth; The importance of surrounding herself with a community of like-minded therapists. Resources mentioned: Lean In. Make Bank. WellnessFi More about Heather: Dr. Heather Stevenson is a licensed psychologist with a self-pay only private practice in New York City. Heather transitioned to private practice after leaving a lucrative job in men's maximum-security prison in California and moved to New York in 2018 to start a new adventure. She helps clients build a better relationship with themselves through healing attachment traumas, teaching mindfulness practices, and enhancing body awareness in order to help them feel more confident in the world, create better work/life balance, and enhance deeper connections with others. Heather is on a mission to engage more men in men's work that challenges the traditional cultural norms of masculinity and what it means to "be a man". Check out Heather's website here.

In this very first mailbag episode, I'll be answering questions submitted by Dr. Amy Parks and Dr. Leslie Blevins. We'll be talking about what it means to go before the rest of our field to make bold and daring changes in our practice. How do we engage with our community, our peers, when charging full fee, getting off insurance panels, or implementing a no-cancellation policy? What do we do when we get pushback from other therapists who use shame and fear to deter us, because they feel afraid or threatened? What do it mean to go first? It requires courage, foresight, and an understanding that we're playing the long game. We understand what it means to work for something bigger. In this episode, we'll discuss: How to stop the cycle of martyrdom; The ways we can model our value and the value we provide in our work; How we can charge for clinical supervision without sacrificing our full fee; Getting off insurance panels in a town where everybody takes insurance; What it means to go first in our field and break away from the system; And what to do when we're met with shame and guilt by other therapists. Resources mentioned: Lean In. Make Bank. Waitlist Submit your own Mailbag Question WellnessFi Find out more about Dr. Amy Parks Find out more about Dr. Leslie Blevins

In this episode, we'll hear from Atlanta based therapist Marquita Johnson who, after 10 years in private practice, got off insurance panels and raised her fees. I was so curious to speak with her and find out what changed and how she made this transition. So often I hear from listeners one (or several) of a million different excuses as to why they're not able to implement these changes in their practice. This episode with Marquita, a single mother to her son, was a breath of fresh air. I want to break through the excuses of why some people believe these changes are easier for others. These changes are hard for EVERYONE. Because it's hard work to challenge our money mindset, build generational wealth, and change our money narrative. BUT it's possible. In this episode, we'll deep dive into Marquita's story - her money narratives, her SES, her life as a single mom, her fears - and how despite all these factors, she was able to implement something different that has had a phenomenal impact on her practice. In this episode, Marquita will share: 3 steps she took to get off insurance panels and raise her fees; How she knew it was time to make a change in her practice; How she embraced her worth and raised her fees accordingly; The ways she challenges the money narratives she was taught growing up in a blue-collar home; How the changes she's implemented have impacted her son and her life as a single mother; The impact these changes have had on her clinical work; And how she turned her whole practice around in just 4 months. Tax season is quickly approaching! Go to Wellnessfi.com/heytiffany to sign up today for your free consultation. **If you continue working with them, they'll even do 6-months worth of bookkeeping catchup for free** Resources mentioned: Therapy Reimagined Fun With Fees Calculator WellnessFi More about Marquita: Marquita Johnson is a graduate of Mercer University with a Master of Science in Community Counseling and Master of Divinity. Marquita received her undergraduate degree from Georgia State University in Psychology & Sociology. Currently, Marquita is pursuing a doctoral degree in Counselor Education and Supervision at Walden University. She is a licensed professional counselor, nationally certified counselor, board certified tele-mental counselor, certified counselor supervisor, and speaker. Her private practice is located in Atlanta, Georgia. You can find out more about MC3: Millennial Counseling, Coaching, and Consulting here.

Welcome back for Season 2 of The Money Sessions! This year we're going to be exploring a new topic: What does it mean for those of us who come from working class backgrounds to build wealth - both financial and emotional wealth? How do we do it? What gets in the way? What don't we know that holds us back and how do we get beyond these unknown barriers? We'll be asking therapists to go even more deeply into their money stories - from questions which ask them to reflect on the money narratives that were present in their family of origin and how these narratives have been woven into our profession as a whole. Where do these stories come from and how do they shape the course of our businesses, our clinical work and our lives? On today's episode, we'll be hearing from Brooke Williams, a South Carolina based therapist who started her practice in 2017. Brooke will share what it was like growing up in a family that didn't talk about money and the influence it had when first building her practice after working for an agency. We'll learn how the changes she's made have impacted her clinical work and allowed her to give back in a bigger way than she was ever able to do when working too hard and earning too little. In this truly inspiring episode, we dive deep into Brooke's fears, her triumphs and the steps she took to build a practice that is beyond her wildest dreams. In this episode, Brooke will share: The internal conflict she felt when wanting to give back and serve her community; The guilt and anxiety she experienced around charging her fee; What it took for her to continue to invest in her business, despite feelings of desperation due to lack of clients; How she went from charging $25/session to her full fee of $150/session; How she had to get real with herself about the ways she wanted to build her practice; And the "why" that motivated her to finally take action and make changes. Are you ready for tax season? Go to Wellnessfi.com/heytiffany to sign up today for your free consultation. **If you sign up to work with them, they'll even do 6-months worth of bookkeeping catchup for free!** Resources mentioned: Lean In. Make Bank. Abundance Party/Inner Circle Greenlight App WellnessFi More about Brooke: Brooke Williams is a licensed professional counselor in Charleston, South Carolina. She has a full fee private practice in Mt Pleasant, SC, that she began in 2017 after working many years in agencies throughout the community. This is her second career, after spending 10 years working in IT within the financial industry. She loves working with couples in all stages that have begun to see their marriage as a burden rather than an accent to their life, as well as with professionals dealing with burnout and anxiety. You can find out more about Brooke here.

Welcome to the last episode of 2019 and of Season 1! We're so excited to dive into 2020 and continue bringing you stories of therapists making changes in their practice and learning more about how this impacts their clinical work. BUT, in this new year, this new decade, we're on a mission to discuss not only financial wealth, but emotional wealth as well. We'll be hearing more about family narratives and the stories we've been told about money. This includes beliefs instilled in us by our families or origin, but also our professional upbringing. What does it mean to build financial and emotional wealth for generations to come? Stay tuned to find out! Coming up in Season 2: Now that you're earning more money, how do we actually keep it? Can we build financial wealth without going into emotional debt? What do we therapists, who come from working class backgrounds, miss when it comes to finances? And much more! Don't forget! I am adding a mailbag Q&A segment to The Money Sessions. If you'd like me to answer your question in an episode, click here to record your question and send it along. I'm excited to incorporate your Q's into the show. You can ask things like: I filled out the Fun with Fees worksheet, and my fee came out to [$500 or $90] ==> Did I do something wrong?! Literally no one in my area charges more than $100 bucks cash money, and everyone is on insurance. How can I possibly still get clients? When I think about charging more, I worry about all the people who can't afford a full fee. How can I reconcile my desire to give back to my community with my desire to actually earn a great living? Include as much detail about your unique situation as you can and I'll be excited to take up your question on air. See you all in 2020!

In this episode, we will hear from Najla Sallum. Look, we do get into this work for personal reasons. Nobody sits back and says, "Hey, I want to make great money doing work that I can leave at the door. I know! I'll become a therapist." So what happens if you are a minority in a small community of minorities who you want to serve - can you still charge great fees? Even if every single person in that community knows who you are? Yikes. This is what we're going to talk about today. Najla - who is Arabic-Brazilian - set out to work with this very specific community, but found herself feeling anxious and guilty about charging good money to work with her peeps. If you are passionate about working with a specific group who is often disenfranchised, but you feel super conflicted about charging for your services, this episode is for you. In this episode, Najla will share: How she transitioned from an agency job into private practice; How she realized she needed to raise her fees when she saw how other therapists were living their lives (stressed, overwhelmed & overworked) and knew she wanted something different; How she managed to find balance between building the practice she wanted, creating the life she dreamed of, and doing the clinical work she was passionate about--all at the same time! How she continued to stay true to her Aarabic Brazilian roots; The lessons she learned from others throughout her journey. Resources mentioned: Lean In. Make Bank. WellnessFi More about Najla: My name is Najla Sallum, and I love walking my clients through the process of finding "their voice". When people feel empowered, they are able to take charge of any situation. Regardless of age, there is always "truth" to be revealed.

In this episode, we hear from Memphis based therapist Montoyia McGowan. Montoyia was one of my earlier LIMB students and she rocked it in terms of really leaning into her money mindset stories and challenging the narratives that she had adopted from her family of origin and society at large. Her journey is far from finished, but in this episode, you'll get to hear what it has been like for Montoyia to begin recognizing that her clinical work is valuable after a lifetime of hearing - in some form or another - that POC's don't really have anything to offer. In this episode, Montoyia will share: How she started her own private practice as a woman of color and overcame her fear of charging premium fees, despite what other therapists were charging; How she set her fees to reflect the value of her work; Why charging a higher rate does not make you selfish; How she determined her worth as an individual and as a therapist, rather than listening to society at large; Three realizations she had about why she needed to raise her fee and how she decided what to raise her fee to; How raising her fees allowed her to show up differently for her clients and actually improved her clinical work! Resources mentioned: Lean In. Make Bank. WellnessFi Chit Chat More about Montoyia: Montoyia McGowan, Licensed Clinical Social Worker, is a mental wellness therapist who uses Stopping the Chase Counseling and Consulting to help empower others to stop the mentally exhausting cycle of chasing people, places, things and relationships we often feel would contribute to our happiness. Montoyia helps clients consider perspectives that empower them to learn to be more intentional with their thought life and their outside relationships. She walks along side of the working well, artists, creatives and entrepreneurs who desire a more emotionally healthy life.

In this episode, we get to hear from New York based therapist Stephanie Dobbin. Stephanie is a relationally based group process therapist who, on a dare from a friend, raised her fees from $110 to $150. She was nervous, but she took the chance. What happened? The very first client that called after she stated her fee, said "No thank you! We'll find someone cheaper." The ironic part? The client was a therapist!! WHAT?! In this episode we'll talk about what to do when we raise our fees and get rejected. How can we therapists stay the course? How to go against the narrative of scarcity, poverty and martyrdom that our profession reinforces? We'll dive into all that and more. In this episode, Stephanie will share: How to offer clients a lower fee while earning exponentially more money in your pocket; How a friend's dare led her to successfully raise her rates; What to do when even therapist clients won't pay your fee; How raising her fees led her to do better clinical work; Why ignoring your own money mindset blinds you to your clients' struggles. The controversial idea that it is your right and your duty to earn a good living as a therapist. Resources Mentioned: Wellness Fi Lead Process Groups in Private Practice More about Stephanie: Stephanie Dobbin, LMFT, CGP is a relational & group psychotherapist based in Rochester, NY. She is passionate about working with healthcare providers who want happier, healthier lives at home and at work. She has a fully private-pay practice, seeing about 20 individual and couple clients weekly. She LOVES group psychotherapy and leads two groups in her practice as well. She has a Facebook group for group therapists and group-therapist-hopefuls called Lead Process Groups in Private Practice. Her course, Get Good at Leading Process Groups, launched earlier this year. Find out more at her FB group ==> Lead Process Groups in Private Practice

It's exhausting putting all the extra hours into your practice now so you can afford to live the life you love later. But what if you could overcome the fear of raising your rates while creating a schedule that works for you in order to live the life you love AS-uh-AP? Join me today for my first interview with a psychologist consultant to find out how! In this episode, we hear from Jeremy Sharp, group testing practice owner turned consultant. While he still owns his group practice, he also works with testing psychologists to build testing and assessment services in their own practices. We will talk about Jeremy's early days as a consultant and dive into his fears about charging higher fees, as well as how he overcame them, and how he learned to set the necessary boundaries to create a schedule that fits his life. In this episode, Jeremy will share: The what & why around his fear of raising his rates and how he overcame the fear; How "What we do and the way we set our fees is modeling for whoever we work with." (Hello! SO important!); The importance of focusing on your WHY when adjusting your practice to fit your life; The reality of how much time is spent in the transition period when making changes to your practice (Spoiler!: it took 3-6 months for him); The value of testing psychologists and why the should be charging accordingly. You know what else will help you afford to live the life you love today? Saving $16,600 by working with a bookkeeper and tax specialist specifically serving private practices! Don't be like me! Go to Wellnessfi.com/heytiffany and sign up today for your free consultation. **If you continue working with them, they'll even do 6-months worth of bookkeeping catchup for free!** Links mentioned in this episode: thetestingpsychologist.com Wellnessfi.com/heytiffany More about Jeremy: Jeremy Sharp opened his private practice in Colorado in 2009. It was slow-going at first, but his practice exploded over night due to a change in the local university's policy involving ADHD medication. Jeremy scrambled to hire the best local grad students and trained them to conduct testing and evaluations. Thus began the long hours of running his busy private practice and spending less time with his family. Jeremy was burnt out and he had to make a change, and he did! In 2017, he started his consulting business, The Testing Psychologist. Although he still has his private practice, Jeremy now also works with testing psychologist to build their testing and assessment services in their own practice. He takes the pain he experienced and his knowledge of mindset shifts and breaking down the numbers, to help testing psychologists overcome the same feelings of overwhelm and isolation. You can check out Jeremy's business & find HIS podcast here.

Woah! I love this episode. We're diving in with Mickey Kerr from WellnessFi a book-keeping and tax specialist advising organization that specializes in working with therapists. We're going to talk about my $16,000 tax mistake. Back in 2018, I paid over 20k towards my student loans and saved just about 20k for my maternity leave - only to find out, just two months before I went on leave, that I owed over 16k in taxes. Mother Mia! Ay yi yi! In this episode, I'm going to lay out my finances so that Mickey can help me understand where - exactly - I went wrong and what I should've done differently in order to avoid this huge tax mistake that cost me almost my entire maternity leave financial safety cushion. I made the mistake of not discovering Wellnessfi until it was too late. Don't be like me! Go to Wellnessfi.com/heytiffany and sign up for your free consultation. If you end up working with them, they'll do 6-months worth of bookkeeping catchup for free! In this episode, Mickey will share: What I could've done differently in order so that I wouldn't have been caught off guard with a 16k tax surprise; How one small steps can save therapists thousands of dollars a year; What happens when you have a team of financial professionals on your side; The consequences that come when we don't handle our finances; The top 3 things therapists can do to get their finances right, starting today. Resources we talk about: http://wellnessfi.com/heytiffany More about Mickey: Mickey Kerr, CPA, Principal – Joined the Wellness Fi team after having served various Senior roles within boutique tax advisory firms in the Austin area. A Central Texas native, Mickey brings a diverse skillset and background that highly aligns with Wellness Fi's vision and core values. A dedicated advocate for the small business owner, he has focused his practice on crafting custom solutions for start-ups and entrepreneurs centered around optimization, back-office automation, and tax minimization. As a former college athlete, he enjoys the competitive and proactive approach of working with business owners and takes a great deal of pride in watching clients succeed. Outside of work, Mickey enjoys connecting with others through various non-profits and local charities in the Austin area.

In this episode, we get to hear from another Ohio based therapist, John Harrison. John grew up with money messages that did not serve him and he became aware of how these messages were playing out in his practice in ways that weren't serving him. In this episode, he'll share how he slowly raised his fee over time (and even slid backwards for a while), as well as what he learned along the way - about his clients, his business and himself. In this episode, John will share: How he slowly raised from $60/session to $150-240/session; What kinds of anxieties come up for white dudes in practice (they struggle, too!); A clinical interaction that showed him that he was missing something vital in his clinical work; The "magic" that happened in his clinical work when he began addressing his money shit; and so much more! More about John: John Harrison is a licensed counselor in Cincinnati, Ohio. He owns a full fee private practice that he opened in 2015 after working as a therapist serving veterans at the VA hospital. This is his second career after spending 8 years in the US Army as an officer. He works with covertly depressed men in healing their childhood relational wounds as well as couples on the brink of divorce. He is certified in Terry Real's Relational Life Therapy and experienced in Pia Mellody's work in Post Induction Therapy helping people heal from their childhood relational wounding.

In this episode, we get to hear from New York psychoanalyst Teresa Solomita. Teresa and I go waaay back. Well, way back to 2017 when she participated in a beta marketing program I was testing out. While I pulled the plug on the program, our friendship has remained electrifying (see what I did there?). In this episode, you get to hear both of us talk shop about what we see our therapists (she runs a consultation group for clinicians) struggling with the most when it comes to setting and raising fees, working clinically with the symbol of money and even just wanting to earn money in a profession where talking money is taboo. In this episode, Teresa and I will share : How Teresa set premium prices and then found clients who were eager to pay; What it was like to change her schedule to work for her, despite fears that people would leave ; How money shows up in her clinical consultation group with other NYC-based clinicians; How her work changed when she finally starting setting premium fees; What it's like when two nutty analytically-oriented therapist friends start recording themselves. More about Teresa: Teresa Solomita, LCSW-R, is a psychoanalyst and graduate of CMPS, The Center for Group Studies, and The Couples Institute. Teresa has been in practice for over 15 years, specializing in working with people who are struggling in their relationships and have a desire to change. She is in private practice in Brooklyn and NYC where she works with individuals, couples and groups. https://www.therapy2change.com/

In this episode, we will be hearing from New York/New Jersey based therapist Donna Corbett. I have heard from so many therapists (100% of them women) who talk about the fact that they treat their private practice more like a hobby than a profession. In this episode, Donna shares the story of losing her husband, thus forcing her to become a single parent to her teenage daughter AND the sole breadwinner. This loss was followed by a pre-cancerous diagnosis that led Donna to have to undergo extensive chemotherapy. Donna had to get real about the fact that her private practice was a business. And get real, she did. Donna has an important message for ALL clinicians who are not quite taking their practices seriously, whether that's out of fear, anxiety or guilt. This episode is a must listen. In this episode, Donna will share: Why it was imperative that she got off insurance panels; What she WISH she had known back when she started out in private practice; How death and illness has led to deep reflections about her business; How and why she had to implement a schedule that put her needs first.

Kyra Grossman is doing everything right - he's raised his fees, is able to afford nice vacations, and he's finally earning enough to pay for retirement and up his professional game by paying for things like for great consultation, yet he can't shake the feeling that he is on the path to becoming a selfish, greedy capitalist human being. Look, money stuff can be h.e.a.v.y. and it's not resolved overnight. Heck! It may not be resolved in a lifetime. This is why I am really excited to bring you this episode where we speak to a therapist who is right in the thick of the struggle. Warning: This episode doesn't end with a nice bow. In this episode, we explore what happens when we are left with a sense of dread about who we will become when wealth becomes part of our money story. I got to know Kyra well during Lean In. MAKE BANK. He's a great therapist and a very thoughtful human being - kind, direct, smart. And yet! As you will hear in this episode, he worries about who he will become as he earns more. He expresses a fear that a lot of therapists have. In this episode we actually have the important conversation that many therapists are too afraid to dive into. No worries, my love! We'll go first.

In this episode, we get to hear from Ohio based therapist Zoey Holguin who defied the odds by going cash pay in her insurance based town and how this gave her the space to start an online business and scale up her practice. Why this change? Because, despite having filled her practice in 8 months, she found out that she still wasn't happy. By asking herself why this was, everything began to change. In this episode, Zoey will share: How resentment helped her realize it was time to get off insurance panels; What it felt like to go off insurance panels in an insurance-dominated town; How she responded to a client who questioned her cash-pay model; How it felt to implement a NO-CANCELLATION policy; How getting in touch with the reality of her financial situation helped her become a better clinicians; What it's like to charge more than most therapists in her area! How you can scale up and earn more by adopting a CEO mindset. Resources she used: Lean In. Make Bank. Therapist CEO FB Community Jane Carter Coaching More about Zoey: Zoey Holguin is an Independent Marriage and Family Therapist with a Supervisor Designation, a California native and a Cleveland, Ohio transplant operating a small group practice specializing in emotionally focused therapy for couples. Most of her career has been spent in leadership roles and she has found a real passion for assisting therapists in leading others well. This combined with a passion for entrepreneurial endeavors and the immediate desire to scale her own practice past the one-to-one model lead her to create of a community for therapists — The Therapist Leader — Leadership Coaching & CEO Mindset Training for Psychotherapists. This is a community for psychotherapists to gather resources, training and support to refine their practices, scales their business and work on their leadership skills -- all foundational pillars of business growth. Zoey loves to spend time with her nieces, is a budding crazy cat lady/mom to Coco and Polly and is pretty much obsessed with all things true crime. Find more at: www.thetherapistleader.com

In this episode, we get to hear from Virginia based therapist Jenn Fredette. In this episode, Jenn is going to talk about just how hard it was for her to leave her group practice, given that she felt responsible to stick with the people who launched her into her professional career, but why she ultimately decided to leave. AND - how she went straight into filling her own private practice while charging premium fees and taking private pay only. In this episode, Jenn will share: How she knew it was time to leave her group practice, even though it felt like leaving her family The mindset shifts that had to occur for her to go out on her own in solo practice from the group practice 3 Actionable strategies Jenn took to build her own practice after leaving a group What it was like to move from a $50 fee to a $100 fee to $175 and the surprising feelings that came up around this transition. The feeling of panic she experienced when experimenting with a $250 fee. How getting her fees right gave her the time to branch out and start a podcast.

Hey All! This is a quick update and thank you from Tiffany - the host of The Money Sessions. Wanna know what's coming up? Hint: It has to do with MONEY - take a listen to this five minute update.

In this session, we get to hear from Emily Whitish, a therapist just outside of Seattle who decided to get off *most* insurance panels and raise her rates to $200/session despite living in a small town. She specializes in working with people who have chronic illness and found a way to serve the clients she is passionate about serving, without sacrificing her own financial security. Quite the opposite!

In this episode of The Money Sessions, we get to hear from Dr. Jacque Straight. Jacque went from a blue collar upbringing to successful private practice owner by really challenging the limiting money stories she learned growing up. In 2018, she made the leap and went off insurance panels, moving to a premium fee, cash pay practice. This move alone put an extra $10,000 in her pocket while giving her MORE time to invest in creating a new business.

In this episode of The Money Sessions, we're diving in deep with Sandra Seaman. Sandra is a Seattle based therapist who works with populations that many therapists say cannot afford premium fees. She defies the odds and has found a way to build a cash pay, premium fee practice while working with marginalized individuals. By getting real about the reality of her needs due to having a chronic illness, Sandra was able to step it up and challenge her Millennial clients to do the same. She now charges $200/90-minute session with plans to raise her fees soon. All this and she doesn't even have a website!

In this episode of The Money Sessions, we are diving in deep with Olethea Pimenta. Olethea first heard me talk about therapists and money on a Simple Practice course and she raised her fees then and there, but she knew it wasn't enough. She realized her money mindset issues went deeper than just raising her fee, so even though she was already charging more, she signed up for my flagship course Lean In. MAKE BANK. and rocked that shiiiiz. She went from feeling resentful of therapists with premium fees to realizing not only could she raise her fees, but that, in fact, she couldn't afford not to.

Despite her fears, Kelly Coté, LPC realized it was time to leave her agency job to start her own private practice. She started out on insurance panels to ease the transition. It became clear to Kelly that if she really wanted to create a practice that really worked for her, she needed to leave the panels. So – in this episode, Kelly shares how she made the leap from a grueling 9-5 to solo practice and how she is now transitioning to a cash pay practice.

What would it take for a therapist to go from barely scraping by in a financially struggling practice, a marriage that is suffering as a result and feeling on the brink of failure to earning 10k/month and becoming the primary breadwinner, with a thriving marriage and more than enough resources to give back in less than a year? In this episode of the Money Sessions, we're going to talk to a therapist – Tessa – who did just that. After 18 years of treating her practice as a side project, Tessa realized she was ready to take her business seriously and the results have been astounding. Not only is she celebrating her first 10k month, Tessa has taken on two new therapists and starting a group practice after finally learning how her money mindset was holding her back. She's hired a manager and an intake worker, house cleaners and now has time to volunteer to help foster animals and can pay for more clinical consultation in order to continue to up her practice game. Tessa's also going to talk about how getting serious about her professional life had a huge impact on her practice and her marriage.

In this first interview from The Money Sessions, we get to hear from New York based therapist Jelisha Gatling who went from barely making $500/month in private practice to having her first 6k month in less than a year - and that's 6k month came with taking a week and a half off in December for the holidays. Jelisha will talk about why she left her group practice, despite fears of totally failing and how she went from anxiously charging $80/session to confidently charging $165 for individuals and $210 for couples. In this episode, Jelisha will also share: 3 signs she knew it was time to leave group practice How she opened a solo practice despite all her fears about utter failure 3 signs she knew it was time to raise her feesHow her fears about charging more than seasoned supervisors held her back Exactly how she handles intake calls now, without fear, despite raising her fee significantly What she was surprised to learn about herself by challenging her limiting mindset beliefs 3 actionable strategies YOU can use to leave group practice or confidently charge premium prices

I asked a couple of my Lean In. MAKE BANK. graduates if they'd be willing to have R.E.A.L conversations with me about what it was actually like to do things like: Raise their fees to a number bigger than they felt comfortable with Get off insurance panels even though that's how they built their practices Leave agency jobs or side gigs and really go all in on private practice Of course the therapists were like, "Hell yeah!" because they are awesome humans. Initially, I was just going to record a handful of video interviews so you could get some inspiration while I was gone, but the stories these therapists shared were remarkable - just so honest and inspirational - that I realized I had something much MUCH more on my hands than a few video interviews. The experiences these therapists shared - the clear, actionable steps along with the mindset shifts that they were able to talk about having - well, let's just say transformational doesn't begin to describe what I was hearing.