Financial Planning for Therapists

After working with a handful of clients that are psychotherapists, I realized there was a need within the community to help therapists with their finances.  But business training is not part of the curriculum when becoming a therapist. The work is demanding itself and having to figure out the business is an added layer of  complexity.

What is Financial Planning for Therapists?

From managing your cash flow to juggling your personal life goals is all part of financial planning for therapists. Having a financial plan means creating a roadmap to sustainable wellness in your own financial life. That’s where I can help.

Why is Financial Planning for Therapists Important?

As a therapist in private practice, you are your own business. And that means treating yourself like a business.  Implementing a plan in your practice has powerful affects: peace of mind that you are doing what you need to be doing to get to where you want to go.

Creating a financial plan means helping you answer questions like:

• How many clients do I need to see?
• How do I budget for time off?
• How much am I actually making?
• Am I setting aside enough for taxes?
• How much do I need to save for my personal goals?

It’s about having someone there to help you plan for the business decisions you need to make. And a watchful eye to help you invest your hard-earned money.

Want to learn more?

I’ve helped clients from the sole practitioner to the group practice owner. Each has a unique set of needs, but with the common goal of carrying out the work they love. And also being financially savvy and secure.

If financial planning for therapists sounds like something you are interested in, please reach out for a free consultation.