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    Business

    The Money Sessions

    Deep, thoughtful, raw conversations with real therapists who are in the midst of leaning into raising fees and making bank – all while working with the clients they are passionate about serving.

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    Latest Episodes:
    How Nekia White went from charging $50 to charging $250 per session, DESPITE the craziness of 2020. Dec 14, 2020
    Show notes

    In this episode, we are talking with Nekia White, a Licensed Certified Clinical Social Worker serving clients in Maryland, DC and Virginia. Nekia is going to talk about her experience starting her private practice, charging as low as $50 per session and how she came to the realization that she needed to make a change.

    Nekia is going to explain how she used the uncertainties of 2020 to make the changes she needed to ensure her family's future. She is going to take us on her inspiring journey explaining the lessons and insights she gained that allowed her to take control and welcome the changes she longed to see in her life.

    Nekia's story is a powerful one. She will talk about how you can move forward and take responsibility for YOUR practice, no matter what is happening in the world around you.

    In this episode, Nekia will share:

    Her experience transitioning from a "secure" 9-5 job to having her own private practice;

    The internal shifts she had to make to be able to raise her prices from $50.00 per session to $250;

    How having her second child influenced her fees;

    The top 3 strategies you can use to charge premium fees no matter WHAT is going on in the world around you.


    How Kelly, Founder of Zynnyme, went from burnt out and broke to 5 weeks in Spain. Dec 07, 2020
    Show notes

    In this episode we talk to Zynnyme Co-Founder, Kelly Higdon. Kelly will talk about her journey from working for county mental health to becoming a therapist in her own private practice to creating one of the most popular marketing programs for therapists in private practice, the Business School Bootcamp.

    And here's the deal, folks. Kelly almost left the world of mental health altogether because she was so burnt out, she didn't see a path forward. Not only did she find a way to stay, but she was able to build a practice as the primary breadwinner. Her next big vision: Living abroad with her family while continuing to run a sustainable, passion-filled business.

    In this episode, Kelly will share:

    How she went from burnt out and broke to successful primary breadwinner;

    How to cope with the fear and anxiety about losing all that you've worked so hard for;

    The family messages she heard about money in her family of origin and how those messages impacted her business growth;

    How healthcare challenges have led Kelly to take her financial security seriously;

    How she was able to experiment with a 5 week family trip to Spain as she works towards creating a vacation home abroad;

    3 Strategies YOU can use to move from stress and overwhelm in your practice to building a full fee, cash pay business that serves you.

    Resources mentioned:

    4 Steps to Raise Your Fee (Guilt Free) Workshop

    Zynnyme Business Bootcamp

    More about Kelly:

    Kelly Higdon is a LMFT in CA and the Co-founder of ZynnyMe.com where she helps private practice owners serve their communities through positive client outcomes while improving the life and income of the clinician. She is also the co-creator of Business School Bootcamp, the largest online business training system for therapists.


    When your clients ACTUALLY cannot pay premium fees. Nov 16, 2020
    Show notes

    In this episode of The Money Sessions, Tiffany is going to be talking about how to make sense of all the complex feelings that come when raising fees means saying goodbye to clients.

    This is real shit, folks. When your real financial needs bump up against the real financial needs of another person, what are your options?


    How going from charging as low as $50/session to $250/session translated into Kirstin's ability to take charge of her fertility. Nov 09, 2020
    Show notes

    In this episode, we're talking with Kirstin Carl who is a Licensed Psychotherapist serving clients in Los Angeles. Kirstin is going to talk about what it took to go from charging as low as $50 per session to charging as high as $250 per session and building a full caseload at $225 per session.

    Kirstin is also going to talk about how the lessons and insights she gained in terms of taking control and becoming empowered in her private practice led to her feeling empowered to take control of her fertility and her romantic life.

    In this episode, Kirstin will share:

    3 signs that let her know she needed to raise her fees;

    The internal shift she had to make in order to be able to charge as high as $250 per session;

    How gender played into her pricing;

    3 concrete pieces of advice she has for therapists in private practice whose fees are too low, but who are afraid to charge more.

    Resources mentioned:

    Lean In. Make Bank.

    WellnessFi

    Kirstin Carl MFT: Counseling for Women

    More about Kirstin:

    Kirstin Carl is a Licensed Psychotherapist serving clients in Los Angeles, for the past 13 years; and now in virtual sessions, throughout California.

    She specializes in helping women break through past traumas so they can develop & keep fulfilling relationships in the present.

    Since taking LIMB in September 2019, she almost doubled her gross annual income from $50,000 to $94,500; and this year, she is on track to gross $175,000.

    You can contact Kirstin via her website at www.kcarlmft.com, by email at kcarlmft@gmail.com, or find her on Instagram at @kirstincarltherapy.


    Broke in Private Practice? Here's Why. Nov 02, 2020
    Show notes

    Welcome to our new segment of The Money Sessions. We need a name!! If you've got any good ideas for what we can call this segment, shoot us an email at tiffany@heytiffany.com.

    In this episode, we're gonna talk about why you're broke in private practice and what you can do to change that!


    How Maegan went from judging therapists who charge premium cash fees to becoming a therapist and business owner who charges premium, cash pay fees. Oct 26, 2020
    Show notes

    In this episode, we're speaking with Maegan Megginson who has a premium fee, cash pay group practice in Portland, Oregon, with ten therapists that work in the practice.

    You heard that right - no insurance!

    Maegan also has another business called The Introverted CEO where she helps other introverted business owners create businesses that work for them.

    In this episode, we'll talk about Maegan's journey to create multiple businesses that worked for her without burning herself out, being exhausted, or falling into the overworked-making-no money cycle that she saw so many therapists in.

    In this episode, Maegan will share:

    Her transformation from having negative thoughts and feelings about people charging premium cash fees to being someone who does that herself;

    How charging premium fees allowed her the time and space to build all cash pay, premium fee group practice where she can really support and take care of her therapists;

    How becoming overworked and stressed out as an HSP introverted therapist allowed her to realize she needed a new way of creating a successful business;

    How taking care of herself and charging premium fees allowed her to retire her husband and participate in the Black Lives Matter movement without burning out or being overwhelmed.

    Resources mentioned:

    Lean In. Make Bank.

    WellnessFi

    Maegan's Free Download for The Money Session Listeners

    Business Consulting for Introverted Service-Based Entrepreneurs

    The Center for Couples & Sex Therapy

    Maegan's Instagram

    More about Maegan:

    Maegan Megginson is a business consultant, licensed couples and sex therapist, group therapy practice owner, and self-diagnosed business-building addict. As an introvert and highly sensitive person, Maegan is very familiar with the struggle that arises when your energetic limitations conflict with your desire to build the business you know you're capable of creating. Maegan is passionate about helping her clients create businesses that enable them to live life with less stress, more joy, and financial abundance.


    How surviving breast cancer helped Sarah Kate realize low fees were no longer an option. Oct 19, 2020
    Show notes

    In this episode, we are talking with Sarah Kate Valatka, a therapist in private practice in Virginia, about her journey to raise her fees and make her schedule work for her. She will also share what she learned about the ways her boundaries in her private practice, and around her private practice, were not in line with the kind of therapist she wanted to be, nor were they in line with the person she wanted to be.

    Sarah Kate is a breast cancer survivor and we'll talk about how the diagnosis helped her get in touch with her priorities, but it wasn't a magic shift. She still needed to invest in change and find the community that would keep her honest around truly living out her values.

    In this episode, Sarah Kate will share:

    In this episode, Sarah Kate will share:

    • What it was like to raise fees from $115 to $150;
    • How her breast cancer diagnosis helped her get real about her priorities;
    • How she realized it wasn't just her fees that needed to be addressed, but also her boundaries;
    • How changing her schedule and raising her fee allowed her to start having date nights with her husband again;
    • How getting in touch with the reality of her financial situation helped her become a better clinician;
    • How creating an intentional community and making therapist friends allows her to continue her work of growth when she starts slipping backwards;
    • How she learned to say YES to the things she really wanted to and how that meant she had to say NO to all the things that constantly encroached on her schedule.

    Resources she used:

    Lean In. Make Bank.

    WellnessFi

    More about Sarah Kate:

    Sarah Kate Valatka is a therapist in Blacksburg, Va who is always exploring how to navigate this beautiful and painful life. She enjoys spending time with her kids, husband, family, friends, and nature. She works with female identified individuals who are stressed out people pleasers. Her clients are often struggling with body image, anxiety, eating disorders, relationships, and may have experienced a significant trauma. You can find Sarah Kate at https://www.sarahkatevalatka.com/.


    What it means for Stevon to be a Black therapist in America who charges over $250/session. Oct 12, 2020
    Show notes

    In this episode, we are speaking with Stevon Lewis, a therapist in private practice, who is truly demonstrating what it's like to be a therapist in the world who is making a bigger impact, without sacrificing his own mental, emotional, financial wellbeing in order to do it. He understands that both are possible - by getting out there, doing good work, and being seen, he is actually to give back and make a greater impact.

    We'll discuss how he is currently charging $250 per session, and has charged as much as $300 per couple. He describes himself as a "6'2" dark-skinned Black man" out there in the world as a therapist who is really putting himself out there and being seen in a big way. He's been featured on podcasts, television, and is now doing executive coaching.

    He grew up in a working class family and came from all kinds of anxiety-laden money stories. He started out in debt and worked in community mental health. He continued to grow, learn, and push himself to become the person he wanted to become, and now he's going to show YOU that if he can do it, so can you.

    In this episode, Stevon will share:

    His journey from community mental health to charging as much as $300 per session;

    How a conversation with Tiffany gave him the confidence to raise his fees from $150 to $200 cash pay;

    How he learned to value the worth of his work and charge accordingly;

    How he uses experimentation to take risks and take on opportunities that scare him;

    How he was able to give back and make a bigger impact by virtue of playing big in the world and charging premium cash fees;

    His 3 steps to charging premium fees in private practice as a person of color and while continuing to work with clients he is passionate about serving.

    Resources she used:

    Lean In. Make Bank.

    WellnessFi

    More about Stevon:

    Stevon is a Licensed Marriage and Family Therapist, speaker, and corporate consultant. In his private practice, he specializes in working with adults struggling with Impostor Syndrome. He has been a featured expert for various major television and media platforms, including the Oprah Winfrey Network, Bustle Magazine, Thrive Global, and Entrepreneur Magazine. As a corporate consultant, he has facilitated discussions about race in the workplace for the Pancreatic Cancer Action Network (PanCAN) and Tory Burch. In addition, he has hosted a series of workshops for A New Direction, a London-based non-profit, that provides support and development to individuals that are underrepresented in the creative and digital industries. You can find Stevon at https://www.stevonlewis.com/.


    Olethea's journey as a BIPOC woman of color who charges $330 per session. Oct 05, 2020
    Show notes

    In this episode, we are talking with Canadian therapist, Olethea Pimenta, who was on the show in April 2019. We'll talk about what has transpired since then. And OH-BOY, has a lot transpired.

    In 2018, when she joined Lean In. MAKE BANK., Olethea's husband was out of work, she had just had a baby, was coming off of maternity leave, and going back into private practice. She's going to talk about what it took to invest in herself in the midst of all those challenges.

    We'll talk about what it felt like when she bought her first home just a few months ago (which she is able to do because she is making bank), what she has learned about earning money herself, helping her clients earn money, and what it took to let go of the story that was no longer working for her.

    She's going to talk about her values to give back as a BIPOC woman of color immigrant, and how her husband is able to continue working in the nonprofit world because she's making bank charging $330 per session.

    In this episode, Olethea will share:

    Her Lean In. MAKE BANK. journey as the primary breadwinner when her husband was out of work and she had a new baby and family to support;

    What it's like to make bank as a BIPOC woman of color in Canada;

    How she moved from being anxious about money to seeing clients 2-5 times a week and making bank charging for it;

    The one question she asks therapist clients that revolutionizes how they think about making money.

    Resources mentioned:

    Lean In. Make Bank.

    WellnessFi

    More about Olethea:

    Olethea Pimenta is a money coach and biz coach for entrepreneurs and therapists! She works with women to shift their self-image from struggling and almost making it to powerfully confident and making it! She is a registered psychotherapist with a completely online private practice. Connect with her at https://opimenta.ca/ or olethea@opimenta.ca


    How Lauren created an online private practice that allows her to passionately serve her clients and give back to the greater community. Sep 28, 2020
    Show notes

    In this episode, we're speaking with Lauren Selfridge, a therapist in private practice, who is going to be talking about what it took for her to raise her fees and why she had to change her schedule. She actually found out on the verge of her private practice that she had MS, which really impacted how she went into private practice.

    We're going to be talking about how Lauren created a private online practice that sustains her, that works for her, and allows her to live her dream life. She is living in two different countries and going back and forth. She can continue to work with the clients that she is passionate about serving and she has been able to creatively build a business. She has a podcast, This Is Not What I Ordered, and also does graphic design work, that allows her to give back.

    In this episode, Lauren will share:

    Her private practice journey, especially after being diagnosed with a chronic illness;

    What led her to increasing her fees and how that journey occurred;

    How she created a side business that allows her to give back;

    What she thinks about making sustainable, consistent change in this current political, social and economic climate.

    Resources mentioned:

    Lean In. Make Bank.

    WellnessFi

    This Is Not What I Ordered

    "Living Your Dream As You Build It" Workbook

    More about Lauren:

    Lauren Selfridge is the host of "This Is Not What I Ordered"--a podcast on full-hearted living with chronic illness and health challenges. In her psychotherapy practice, Lauren works with people living with chronic illness and couples. She loves helping clients nurture their spiritual and emotional development through unexpected challenges, and supporting them in building meaningful lives filled with joy, connection, rest, and creativity.


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