The Therapy Business Podcast
We know how challenging growing a therapy practice can be, and don’t think it should require an accounting degree just to run your business. If you own a solo or a group practice, we’re here to help you build a business that creates more time, makes more money and serves more people.
The Therapy Business Podcast
Mastering Personal Finances to Strengthen Your Business
Ever wondered how your personal finances could be the key to your business’s success? In our latest episode, Alicia Durham, our Director of Personal Finance Coaching, reveals her journey into the world of money coaching and why disorganized finances often create a ripple effect.
Alicia shares her expertise on the significant impact that personal financial habits can have on business operations, from the anxiety of living paycheck to paycheck to the stress of reactive decision-making. Through her insights, discover how aligning your financial priorities can lead to both personal and business stability.
Learn the art of making conscious financial choices—whether it's ditching those daily fast food runs for meaningful travel experiences or managing debt in a balanced way without burning out. Alicia's tips emphasize the importance of clarity and balance in financial planning, helping you manage your money with purpose and joy.
Finally, we tackle the challenge of creating consistent financial stability. Alicia offers actionable strategies for managing fluctuating incomes, such as setting up separate spending accounts and conducting regular financial audits.
Understand how aligning your personal and business finances can lead to predictable income and long-term health for both realms.
Our Profit Coaching program is enrolling new practices now.
We specialize in helping therapy practices like yours achieve financial clarity, so you can focus on what you do best—helping your clients and managing your team- while we help handle all the businessy stuff they didn’t teach you in grad school.
To see if your practice might be a good fit, schedule a free consultation at therapybusinesspod.com.
Our Profit Coaching program is enrolling new practices now.
We specialize in helping therapy practices like yours achieve financial clarity, so you can focus on what you do best—helping your clients and managing your team- while we help handle all the businessy stuff they didn’t teach you in grad school.
To see if your practice might be a good fit, schedule a free consultation at therapybusinesspod.com.
Meet with one of our coaches
*Intro/outro song credit:
King Around Here by Alex Grohl
If your personal finances are a mess, it can negatively impact your practice, and the opposite is true. If your practice is not organizing its finances well, then your personal life and your personal budget are going to take a hit. Today, alicia Durham, our Director of Personal Finance Coaching, joins us to talk about personal finances and how you, as a business owner, can use your practice to help fuel your personal goals. My name is Craig and I'm the CEO of Desi Financial Coaching. Our goal is simple to help you run a therapy practice that is permanently profitable. If you own a solo or group practice, we're here to help you build a business that creates more time, makes more money and serves more people. This is the Therapy Business Podcast. All right, alicia Durham is here. She's part of our team and I'm pumped to talk to her about personal finances today. Alicia, how's?
Speaker 2:it going Good. I'm excited.
Speaker 1:Awesome. So, alicia, you're the director of personal finance coaching with us, and so you your bread and butter is working with people on personal finances and, as we know, that's important for business owners, and we work with a lot of business owners, both on the business and personal side, and I just know there's a huge connection there. There's a huge problem with one is struggling, the other one can sometimes struggle. They go hand in hand, and so I think it's really important to dig into that and talks about some aspects of it. But first I want to, since this is your first time on the show, I want to hear a little bit about you. I know you, but no one listening knows about you. So tell us about you what you do. Yeah, share a little bit about yourself.
Speaker 2:Yeah, so I'm Alicia. I've been on this team for a couple years now. I've always had a passion for helping people with their money. I had, for many years, before even joining this team, just helped friends and family with their finances. And Craig and I have known each other even before starting working here and I told Craig many times before that, oh gosh, I'd love to be a money coach one day. Just never kind of took that leap until he invited me to join this team and it's just been the most amazing, most rewarding work in the entire world Outside of money coaching. I am married, I guess. Steven and I have been married for 10 years now, have two daughters 12 and 8, and 10 chickens, two dogs, two cats, you know.
Speaker 2:Living that farm life Lots of things to keep alive over here.
Speaker 1:Yes, oh my goodness, yeah, it's been awesome having you here. Having you here. When Alicia first joined with me, it was just me, I was all by myself, and then I brought Alicia in as my first person, largely because I was focusing on businesses and we had a lot of people who needed help with the personal side. That's what I started with when I started the business, and so it was great to have you come in and really just take it over and serve people tenfold better than what I was doing with them before that, and so which is why I think it's great to have you here because I want to talk about the personal finance side.
Speaker 1:So we've been spending. All of our episodes are about the business and how to grow it or how to manage the finances, but we talk a lot about paying yourself more and, as a business owner, prioritizing that, largely because the personal finances typically suffer with the business and emotionally they're really connected. I know you have worked with a handful of business owners. What do you typically see if somebody owns a business and they come to you for the first time? What are some of the common problems, the common issues that you typically see across the board?
Speaker 2:typically see across the board. Yeah, so I would say a big one is just lack of clarity on both sides. So oftentimes if a business owner comes to me and they start working on their personal finances and they've not worked with you or Vanessa or any of our other business coaches they just lack clarity on really what they're able to pay themselves from their business and, stacked on top of that, they also lack clarity on their personal finance side of what they actually need to get paid in order to cover their bills and live the life that they're wanting to live. So I think that can tend to lead to a lot of reactivity with people. So they're just kind of drawing from their business whenever they feel like they need to get paid and not totally sure the domino effect that's going to create on the business side, but then also wondering, like you know, when am I going to need to pay myself next? How much am I going to need to pay myself next? So just a lot of anxiety and reactivity.
Speaker 1:Yeah, 100%. And it's this yo-yo effect sometimes of pulling a lot of money out, because either you need a lot for your personal or money's good in the business. You pull a lot out and then all of a sudden you see the ripple effect in the business. It's suffering and so you maybe do without. You are afraid to take money out for yourself and then you see the effect of that on the personal side and it's just this back and forth of, yeah, extremes. It's just reacting, like you said. It's that reacting to uh, everything instead of having a game plan and going in with purpose yeah, which then can lead to avoidance for a lot of people.
Speaker 2:Uh, because they just don't want to they just don't want to face the music because it feels like maybe it'd just be this mountain to climb.
Speaker 1:So yeah, yeah that's, that's totally how I react. That's why I need a plan or a system, because I'm avoider 101. If you, if you, uh any of you therapists, need a case study on somebody who avoids, uh, I am willing to do it. It's paid of, you're going to pay me to, but it's. I mean, if I get an email that is you know something that maybe a stressful or not a positive one, or something that's going to take a lot of work, my typical reaction is close that email down.
Speaker 2:I'm not going to face it, and so yeah we'll deal with that later and then later never comes. Totally, and there's five other emails on this. Talk to you later. File.
Speaker 1:Yep, and it's just this hope that maybe it'll resolve itself, and I think that's what we see. Maybe, whether people are aware of it or not, that's kind of when you're avoiding those personal finances or the business finances, it's maybe this will just kind of work itself out. If I just don't look at it and just kind of keep chugging along, eventually maybe it'll just get better on its own, and so we know firsthand that that's not true, right? It's hardly ever just works out on its own. So when you first meet with someone, talk to me about, I guess, that process of they come to you, they tell you what they're struggling with and you go yes, I can help you. Where do you guys go from there? They get on a coaching call. What do you guys like to take? What do you like to tackle first, I guess, when you're looking at personal finances?
Speaker 2:Yeah, so the first thing we really do is just gain clarity on their personal finances. What are their expenses? Oftentimes we'll maybe start with like an average of what they've kind of paid themselves over the last few months maybe six months or so and kind of start from there to see if that's going to cover everything that they need. But I would definitely say the first step that we do is we gain clarity, we figure out, you know, what are all your bills, what are all the expenses that you have, what are the things that we need to be preparing for in your future with your finances to make sure that they're able to pay themselves what they need, and then that kind of helps them at least come up with a consistent number that they can set a goal towards paying themselves, you know, every single month. So kind of starting with that clarity really.
Speaker 1:You got it. Yeah, you have to know what you're dealing with, right, you have to know what the business needs to pay you. I did an episode a few back I'll link it in the show notes about how to pay yourself more, and the first step was getting a snapshot on what your personal life needs. What does your must-have your survival budget look like, what does your ideal budget look like, what is your ideal budget look like, and knowing how to do that. And the other thing we have is a personal finance snapshot document that can help people get that organized. I know I think you have everybody fill that out when they work with you, but that's something that we can also link in that you can people can snag. We'll email it to you, it's just a list of core expenses.
Speaker 1:These are the things to help you get that thought process out, because if you haven't been organized, it's sometimes hard to sit down and be like, yeah, what do we spend money on? What do I need? Just something to jog that memory, right.
Speaker 2:Yeah, yeah, and I think gaining clarity it's a huge first step. And some people they get to the bottom of that line and they're like, oh my gosh, I'm in the negative. This is why it has felt so reactive, this is why pulling from my business has felt so reactive. And then the concerns of how that, the domino effect with my business, why that's been so stressful. But then at least they have that number, they've got that negative number and so now they've got that clarity and they have something to shoot for. And then now we can start setting goals of like how can we start, like baby steps, increasing your income so that we're no longer in a negative, we're in a positive, and that's always so exciting, scary, but it's also like exciting and empowering to know what you need to do.
Speaker 1:Totally. It's crazy how, seeing a negative number and even seeing something that's as maybe as bad as you thought even if you're like, yep, that's as bad as I thought it was going to- be, it can still feel a thousand times better just knowing that it exists.
Speaker 2:But how often would you?
Speaker 1:say you, you sit down with somebody and you're like it's way better than they thought, Like they've been avoiding this thing and you're like it's way better than they thought.
Speaker 2:Like they've been avoiding this thing and you're like hey, surprise, it's not, it's in really good shape. Yeah, I actually have a call coming up with a client today who it's very much going to be that way, where you know, I've already looked at his numbers and I can see we've got a good cushion to work with at the end. Um, but I know in prior conversations he's been afraid that he doesn't have that and so, yeah, it's so exciting when that happens. It does happen somewhat regularly where there's extra money, and then that's when we can start talking about okay, what are your goals Beyond just covering your expenses? Now, what do you actually want to use your money for? What's that? What are your values, what kind of life are you trying to build and how can we use your money for? What's that? What are your values, what kind of life are you trying to build and how can we use your money as a tool to start moving in that direction? So, yes, that's always so exciting.
Speaker 1:Love that. Yeah, you're right it's. It catches them off guard, and so, because usually they're like, oh, I'm living, check to check. I barely make it to the end of the month, so sometimes it's, I remember sitting down.
Speaker 2:Yes.
Speaker 1:Hey, guess what? You just got a pay raise. You have an extra 500 extra. Whatever it is per month that we see here, that's truthfully just been slipping through their fingers and that's the cost of not paying attention, right.
Speaker 2:Yes, and I also have found oftentimes when that is the case, where someone comes to me and they're like, oh, I'm living paycheck to paycheck, but then they fill out the snapshot and it shows this big positive at the end. Typically, what that tells me is maybe this person hasn't been spending their money on things that really bring them joy or on things that are really valuable to them. It maybe just feels like their money is flying in all these different directions and it may not be just going to those things as most valuable to them. So that's always so exciting when we get to direct it towards really, what do you love to spend your money on? And let's make sure we're directing our money in those things. And what do you really not want to be spending your money on? And let's get intentional about maybe cutting back a little bit on those so we can spend way more on the stuff that you want to.
Speaker 1:Yeah, if somebody looks at your bank account, they should be able to get a sense of who you are, what your values are, what your priorities are. Yeah, and I think that that's typically when we're stressed out and frustrated with our finances is when that's not true. If somebody looks at your bank account and they see, they'd be like, oh, you must really taco bell because you, you spend a lot of money there. Yes, I don't value taco bell, or maybe you do, and you're like, yep, that's it, I'm happy with that?
Speaker 2:yeah, like yes, I want to spend more money at taco bell.
Speaker 1:Okay, yes, those doritos locos, but typically it's no, that's gross, by the way?
Speaker 2:well, that's not.
Speaker 1:Oh, you won't see taco bell on my thanks statements ever my wife hates taco bell, so I haven't eaten there in a long time, but once in a while, if if she's out of town and I'm got like a bachelor weekend or something, I'm like what can I eat? That's just awful for me, uh, that I don't normally get to eat while they're here and I ruin the bachelor weekend because I have a stomach ache all weekend long. So, oh, man.
Speaker 2:Well, you and ste, you and Steven can go get Taco Bell together.
Speaker 1:Okay. You know, Me and Andy can go do something else. Y'all can be a little bit better to your bodies.
Speaker 2:I mean no, something equally unhealthy, just not Taco Bell.
Speaker 1:That's true, okay, okay. So with that, with your priorities, and know we I had a call with a client yesterday to that point where we were looking at a pie chart. We've been working together for a few years now and we pulled up a pie chart of her spending and we kind of were talking about, when we first started, what was important to her as her family. It was travel, and she wasn't able to spend anything on that. And then when we pulled the pie chart of what did you spend most on in the last 12 months, or the bigger sections as we looked at them, we're like travel and those things. And for once and I told her, I was like if I didn't know anything about you and I would look at this pie chart, I would be able to tell you exactly what you care about.
Speaker 1:And it's traveling and spending time with your family and giving. That was another big segment. So if we were to show you a pie chart of your spending, it's going to tell you what you value, whether it's true or not. I think what you do with people and what you prioritize is helping them figure out what's important to them and how do they make the money work around that Right.
Speaker 2:Yeah, yeah, absolutely, cause sometimes we can spend our money based on things that we think we should, based off of something someone else has said or someone in their community or something like that, or even just react it like friends want to go hang out, and that's always so fun, but maybe it's happening more regularly, whereas you have other goals that you might want to be directing your money towards. So Just yeah, getting that clarity on where is our money actually going and do we like that picture that's being formed and getting that clarity and then pivoting if we want to and if we need to.
Speaker 1:Yeah. So if somebody comes to you and they're just swamped with debt, what would you? How do you approach that? What do you suggest people do there? Because there's obviously the Dave Ramsey's of the world who say don't do anything, Don't spend a single cent on anything, except for that debt, rice and beans. I know right, yeah, that's all you're allowed to do. You're not allowed to have fun Taco Bell every day. Not even Taco Bell. It's too expensive.
Speaker 2:Yeah.
Speaker 1:So somebody comes to you with that. What's your approach to that? Is it to put them on an extreme plan? Walk me through what you do with people, or what you recommend people do.
Speaker 2:Yeah, so we definitely want it to be sustainable, and I always gauge off of how urgent that specific debt is for this person to pay off. Some people feel more urgent about things than others, and that's okay. Feel more urgent about things than others, and that's okay. You know, there's that whole saying that you have to be gazelle intense, so like you're running away from a predator or whatever and get this thing paid off as soon as possible, and I think some people are really fueled by that and that works really well for them, and so I say, all right, let's go Like what are the things we're going to cut? Let's do it that way.
Speaker 2:But I would say most people that I talk to, they they have at least one or two things that they just feel they need to allow in their budgets in order to make it sustainable, cause what we don't want is burnout.
Speaker 2:Um, some people, if they're running like a gazelle I mean, a gazelle can only run so fast for a certain amount of time before it completely burns out Um, and so we want to make sure we're pacing ourselves right until we can reach the finish line, and so for some people, that is like I need to be able to go out to eat a few times a month. That's our family is busy, we're out and about all the time. That's just you know what's going to be most sustainable for us. So, yeah, I like to really get to know my clients really well and understand what fuels them the most and then, um, use those things as motivation to kind of push them forward. It's okay to pace yourself if you need to in order to pay these things off and to still live your life, um, while you're paying off you know any sort of debt.
Speaker 1:So paying off, you know, any sort of debt.
Speaker 1:So yeah, I think that's great, it's not a, it's not an either, or it's not a payoff debt, or or enjoy some life, it's, it's a both and pay off debt, and, and you can do these other things at the same time, um it goes back to that plan being proactive. Just knowing here's how it. If I choose to go all in, that means I can't do these things. If I choose to sprinkle in some of these things, that just means it's going to take a little longer to get out of debt. And just knowing that that's okay, right.
Speaker 2:Yeah, yeah, and then just owning it like this is the way I'm going to do it, own it, and then I get to hold their hands along the way and then hold them accountable to the plan that they decided that they wanted to do. Um, which is just so much fun watching people like accomplish things. Setting setting um little milestone goals along the way is also a ton of fun. To um picking like I don't know, say you've got $10,000 in debt that you're trying to pay off. How about every thousand dollars? You treat yourself to a hike, something like that, and that really trains your mind to get addicted to the process of setting and reaching goals, and it trains your mind that setting goals works and it helps fuel you towards actually reaching that end goal too.
Speaker 1:Yeah, I think that's great. Yeah, Break up those milestones, Give us a little bit, especially if you have a larger number, something just a little bit more attainable. You know a nice dinner and if it's if you've got a hundred thousand in debt. Maybe when you get that halfway mark you take a weekend trip or do something a little bit bigger.
Speaker 2:Yeah, cause there's a lot of life to live in the process too, so we don't need to end our lives to reach, you know, some goal. Like we've got a lot of life to live right now too.
Speaker 1:So that's a great point, it's all about balance, yeah, and it's about everybody being different and what's, like you had said, what's best for you.
Speaker 2:Yes.
Speaker 1:You know, when we were getting out of debt, it was just my wife and I. We didn't have any kids yet, so we were more extreme than we would be now. You know we still went out to eat, but I would say we did. There was a lot we sacrificed on in order to try and do it quickly. But fast forward now as we have kids. I have a seven and eight year old. You know I probably would go a lot, I wouldn't be as aggressive, cause I personally don't want to miss out on these prime years. You know you think about your kids and lifespan. I'm like you really just have them for such a small time and they're only little for so long, that it's like I want to enjoy it responsibly.
Speaker 2:Enjoy responsibly, right it's a Budweiser, whatever that is.
Speaker 1:Enjoy this time, but we're not also throwing caution into the wind and just spending every dime?
Speaker 2:we have and saying we'll clean that up later and we're setting an example to our children of what it looks like to enjoy your hard-earned money and also be responsible with it, and just setting that balance too. I mean, stephen and I were the same when we paid off our debt. I think we had like $30,000 in student loan debt and I remember we spent like $300 a month on groceries every month and like we got these things paid off as soon as we possibly could. But by the end of that journey it was like, oh my gosh, I feel like I'm exhausted. I'm so excited to like kind of move ahead.
Speaker 2:Um, but now with kids, like you know, we had these dreams of, like you know, getting buying a house and getting it paid off in 10 years and that sort of thing. But kids kind of entered the picture and we've slowed down a little bit in our goals and, um, the way that we manage our money. It's slowed down a little bit so that we can enjoy these years with our kids, of course, responsibly, right, yeah, so, yeah, I think it's up to personality, season and life, that sort of thing.
Speaker 1:But that same is true for taking on debt. If you're going to borrow money, just making sure that it kind of lines up with your values, you know, once again we could say somebody can say, or the Dave Ramseys of the world can say, never borrow a cent, but you know, you may say for us it's worth it in this realm Again, having that plan. The worst debt to me is when you fall into it and then you, you just next thing, you know, you look back and you're over your head.
Speaker 2:Yes, absolutely, absolutely agree. I think people can certainly leverage debt and but it's important to, of course, run the numbers. Run worst case scenarios Like, if I take this on, what is the worst thing that could happen and am I prepared for that worst thing, just in case. So of course we want to, we want to run the numbers, that sort of thing. Make sure it's going to the pros outweigh the cons. But yeah, absolutely, I think it's your money and if you want to take on a little debt to maybe even make money, whether it's a rental house or whatever, it's up to you and there's no shame in that. But of course we're running numbers. The math has to math, right, craig?
Speaker 1:Yes, the math has to math, you're right. So, but just knowing that, your core values as a family, where do we line up with?
Speaker 2:that.
Speaker 1:Um, so we teach a lot about on the business side, about profit first and using multiple bank accounts. I know that when you're working with clients, you suggest a few bank accounts as well. Talk to me through that process. What do you usually recommend they do and how does that work?
Speaker 2:Yeah, so I love it because when I'm working with clients who are also working with like you or Vanessa or other profit coaches, I think our systems kind of line up very easily.
Speaker 2:And so, yes, I recommend a couple different checking accounts. I recommend one checking account for bills, so this is the account that your income is kind of going into and this is directly where you pay your bills from. And then I also recommend my clients set up a separate checking account for their day-to-day spending, so this is where they will buy their groceries, their gas, anything that they're spending money on on a monthly basis to live their lives but it's not necessarily a bill goes into that separate checking account. So it's kind of a safety fence that protects their spending from their bills. And the really fun thing about this separate checking account is, since it is protected from your bills and your savings, which I'll talk about in a second there's really no need to penny and dime what is happening in that checking account. All that my clients really need to worry about is making sure that that amount in that checking account is lessening them from one transfer to the next. I actually often recommend that my clients do a transfer every week, because it's just easy to look at a week's worth of money Instead of looking at oh my gosh, I got a whole month of this money. Oftentimes they can spend it all up front and then they can kind of, so I recommend weekly transfers and then in that case all we got to look at is like making sure this amount lasts us from one transfer to the next.
Speaker 2:They've got their separate spending checking account and then back to the hub account where their income is going in and they're paying their bills. This is also where they're going to set aside money for savings every single month, and I think this is the thing that makes the biggest impact for most people with their finances, and this is the thing that keeps people from that reactive cycle that we were talking about earlier in this call, where we are preparing very intentionally for things that are going to come up in life. It's not necessarily things that we're spending money on every single month, like our day-to-day spending or our bills, but it is money that we know we're going to have to spend on something, and it's usually a big something eventually. So we're talking travel, we're talking holidays, we're talking something not so fun like a car tire blowing out something going on with the house. Um, we like to pretend, we like to file those away in the inbox. It's like, eh, that's not going to happen, I'll look at you later, um, but we like to face those things head on and just prepare for them.
Speaker 2:And so, from that main checking account where we pay, where we pay our bills from and our income goes into, we set aside money into our savings account preparing for those things, and that's going to keep us out of that vicious debt cycle that we don't want to get into, where, um, you know, we've got to take our dog to the vet. We weren't prepared for that, we didn't have money saved up for it, and now we've got to pull out our credit card, umido, and now FIDO is coming home healthy, but with the form of, you know, debt payments and interest rates. So that's the sort of thing that we want to try to kind of prevent from happening with this system.
Speaker 1:Yeah, Plan for those, that unpredictable stuff, the predictable unpredictable because we know those things are going to happen and so just planning in advance and being financially prepared for it. So I love that organization. I love that you have an account just for spending where you can just watch that Very similar to what we do with the business owners and their operating expenses.
Speaker 1:They're not necessarily logging or really getting granular, it's just do we have cash in there? Are we trending in the right way? So for us with cashflow because it's it's fluctuates in business you know revenue is going to go up and down. There's no controlling that, whereas on the personal side especially the business owners and we can maybe talk about this, but getting consistent paychecks every single time, so hopefully the same amounts coming into you. I know that's not always the case for everybody, but, yeah, just monitoring those accounts and making sure that you're maybe getting a little cushion or maybe just not not hitting that edge or not overdrafting constantly, and if you are, that's almost it's just a red flag and you know where it's happening.
Speaker 1:It's not that your bills are out of control, it's that your spending's out of control, or vice versa.
Speaker 2:Right, yeah, and you know, and I think the sweet spot is when one week maybe it's a little tight, maybe it's a little hard to make the money last until that next transfer, but then the next week it felt easy. That's kind of the sweet spot that we want to find. But if we're finding that every week it's tight and it's really hard to make that money last each week, well, we got to go back and we need to audit. We need to figure out okay, what are we spending our money on? What do we need to change? What adjustments do we need to make? Do we need to pay ourselves more in this day-to-day spending account or not? And the other really cool thing about the system is it turns your day-to-day spending into a fixed expense. So we do try to transfer the same amount every single week and now we're not worrying about did I spend more or less on groceries this week? Did I spend more or less on gas this week? We've turned all of their day-to-day spending into a fixed expense.
Speaker 2:So it's way more predictable way, more visual way, less time. And my clients really, it brings them a lot of freedom when they do it this way.
Speaker 1:Yeah, that's awesome, that's awesome, and so that last piece would be that consistent paycheck on their side. What do you recommend when you see those people? Like we said at the top of the call it's, they come to you and they've just been kind of pulling money here and there. Sometimes it's a lot, sometimes it's not what's your usual first recommendation there?
Speaker 2:Yeah. So I usually recommend let's just figure out a fixed amount that you can pay yourself for now in order to reach your goals, and then I always put in the plug go talk to one of our profit coaches and they'll make sure that this is something that you can start doing with your business so that it can be sustainable for you.
Speaker 2:And so, yeah, figuring out what is that amount that we need to be paying yourself every single month, and then working towards making sure they do it that way, if they are able to pay themselves more than we talked about, well, that's where we get to have a lot of fun reaching goals and just fast tracking their future.
Speaker 1:Yeah, that's great.
Speaker 1:Yeah, and we do have that episode on how to pay yourself more money more consistently, which will take over where you kind of just let it.
Speaker 1:It's we've talked about the personal side, and then how do we then set up the business in order to do that, and so, again, we'll link that in the show notes. But, alicia, thank you so much for just sharing your wealth of knowledge. You will be co hosting many times, so we'll have you back on before too long. But if you need help with personal finances getting organized on your personal side, because it's either affecting your business or your personal life, definitely reach out to Alicia We'll have a link in the show notes as well to schedule a free call with her to see if, how she can help, if she can help and if coaching makes sense. Thanks for joining us on the Therapy Business Podcast. Be sure to subscribe, leave a review and share it with a practice owner that you may know. If your practice needs help getting organized with its finances or just growing your practice, head to therapybusinesspodcom to learn how we can help.
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