Profit First for Therapists: How to Grow Your Wealth [Ep 59]

Are you tired of watching your hard-earned money slip through your fingers? Then you need to learn the Profit First for therapists method and revolutionize the way you handle your private practice's finances! Join me today as I walk you through the Profit First method that's tailored just for therapists like you. You'll learn how to take control of your income, maximize your profits, and build a financial cushion that ensures your future is as secure as your clients feel in session.I'll share personal insights and simple strategies that can transform even the smallest earnings into a growing nest egg. Whether you're struggling to save or looking to maximize your surplus, this episode has something for everyone. From high-yield savings accounts to prudent reserves, I've got your back with practical tips that make money management less daunting and more doable. Tune in and join me on a journey to financial empowerment where growing your wealth becomes second nature. It's time to make your money work for you, so let's dive in!Topics covered in this episode:How you can keep more of your hard-earned cash in your pocketProfit First for therapists and how can it transform your financial approachWhy saving money is important and how you can start with just 1% of your revenueWhat's an emergency fund and how much should you aim to save for peace of mindHow Profit First can help you financially prepare for unexpected business changesWhy setting up a prudent reserve could be a game-changer for your growing private practice Connect with Felicia:Get my freebie & join the email list: The Magic SheetsInstagram: @the_bad_therapistWebsite: www.thebadtherapist.coachFacebook group: Healing MoneyResources from this episode:Get my freebie The Magic SheetsWealthfront cash account Use this link to sign up for a Wealthfront Cash Account and we'll both get +0.50% on the current APY! Wealthfront investing Use this link to get $5K managed for free when you fund a Wealthfront Investment Account.CapitalOneIrina McgrathRelated episodes:

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Are you a private practice therapist tired of ‘good therapist conditioning’ b******t, who wants to make more money and enjoy being a therapist again? Welcome to The Bad Therapist Show! This podcast is the go-to resource for current and aspiring private practice therapists who want to attract more clients, increase their revenue and scale their practice - all without burning out or hustling 24/7. Join your host, Felicia Keller Boyle, aka The Bad Therapist®, a six-figure private practice owner turned business coach as she challenges the status quo and helps therapists in private practice earn more money, increase their impact, and expand beyond the one-to-one practice model. Using Felicia’s proven Liberated Business™ method, therapists at all stages of business have been able to grow their income while becoming even better therapists and she’s on a mission to help you do the same! Tune in each week for answers to questions such as: 👉🏽 How can I grow my private practice? 👉🏽 How can I attract more clients to my private practice? 👉🏽 How do I market myself as a private practice therapist? 👉🏽 What are the best marketing strategies for therapists? 👉🏽 How can I optimise my website to attract more clients? 👉🏽 How to create a scalable offer as a private practice therapist? 👉🏽 How can I raise my rates in private practice? 👉🏽 Do therapists need to network to grow their practice? Subscribe and follow the show wherever you listen to podcasts and start growing a practice custom-made for you so you can live the life you truly desire. Because bad therapists make the best therapists.