{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Episode 253 | Breaking the Cycle of Money Anxiety in Group Practice with Linzy Bonham","description":"Does just thinking about your practice\u2019s finances send you into a spiral of stress? You\u2019re not alone! If the idea of numbers, budgets, and profit margins makes you want to hide under a blanket, this episode is for you. I sat down with Linzy Bonham, founder of Money Nuts & Bolts and host of the Money Skills For Therapists podcast, to dive into the financial side of running a group practice. And let me tell you\u2014it\u2019s a conversation every practice owner needs to hear.  Linzy and I unpacked the anxieties many of us feel around money and broke it down into simple, actionable steps to take back control. Whether you\u2019re just getting started or have been running your practice for years, you\u2019ll find tons of tips that can help shift your money mindset and give you the tools to lead your practice confidently. Here\u2019s what we chatted about: How the way you grew up thinking about money influences how you manage it in your practice\u2014and what you can do to change those deep-rooted habits. The specific challenges (and yes, the perks!) that come with handling finances for a group practice. Why having a financial cushion is crucial for your practice\u2019s stability and growth\u2014and how to start building one, even if it feels impossible right now. How your personal experiences with money, your relationship to it as a practitioner, and how you think about it as a leader all play a role in the financial health of your practice. How to find the balance between taking care of your team and making decisions that keep your business financially strong. This episode is all about helping you rewrite your financial narrative so you can feel confident in leading your practice. If you\u2019re ready to ditch the money anxiety and get a handle on your practice\u2019s finances, hit play now.   \u27a1\ufe0f WANT TO BOOST YOUR PROFITS FAST? If you\u2019re struggling with stagnant profits, overpaying staff, or not understanding where your money is going, the upcoming Profit Booster Workshop is here to help. In just three days, you\u2019ll dive deep into your practice\u2019s financials and walk away with clear, actionable steps to cut unnecessary costs, optimize your team\u2019s performance, and start seeing immediate improvements in your bottom line. CLICK HERE to learn more and take control of your profits today!   LINKS: Need extra support? Join The Exchange, a membership community just for group practice owners.  The Group Practice Exchange Programs + Courses The Accountability Equation\u2122 Quiz The Accountability Equation Book   CONNECT WITH MAUREEN WERRBACH & THE GROUP PRACTICE EXCHANGE: Website Facebook Instagram LinkedIn   CONNECT WITH LINZY BONHAM: Website Instagram Podcast: Money Skills For Therapists    SPONSORS: TherapyNotes: An EHR software that helps behavioral health professionals manage their practice with confidence and efficiency. Go to therapynotes.com\/r\/thegrouppracticeexchange for two free months!  GreenOak Accounting: An accounting firm that specializes in working with group practices. Mention TGPE to get $100 off your first month!   ","author_name":"The Group Practice Exchange","author_url":"https:\/\/www.thegrouppracticeexchange.com","html":"