Written by two therapists with extensive business experience, Mastering the Financial Dimension of Your Psychotherapy Practice addresses the clinical and financial challenges of establishing and maintaining a successful private practice. This book contains updated content on investing strategies, changes in the insurance marketplace, and trends in the marketing of a psychotherapy practice. The first of five sections explores the life cycle of the modern therapy practice, offering best business and investing practices for each phase. In the second and third sections, the authors consider the emotional dimension in the development of a private practice. The fourth section offers a basic course in financial planning, including an investigation into five common financial mistakes therapists make and various solutions to each situation. The fifth section is designed to offer a road map of actions to take in establishing a financial plan. Concluding the book is an inspirational discussion of how the therapist in private practice can create a career with meaning, fulfillment, personal satisfaction, and solid financial rewards.
Introduction. Why a Financial Planning Book for Therapists? Section I. The Lifecycle of a Psychotherapy Practice 1. Moving Through the Seasons 2. The Internship Phase: Having a Good Experience While Preparing for Licensure 3. The Launching Phase 4. The Establishing Phase 5. The Prime Phase 6. The Elder Phase Section II. Psychological and Therapeutic Considerations. 7. Raising Your Money Consciousness: An Important Journey of Individuation 8. The Psychological Dimension 9. Characterological Defenses Around Money Wounds 10. What is Financial Well-Being? 11. The Couples Money Dance 12. Complemenls-