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.

section I|58 pages

The Life Cycle of a Psychotherapy Practice

chapter 1|4 pages

Moving Through the Seasons

chapter 2|4 pages

The Internship Phase

Having a Good Experience While Preparing for Licensure

chapter 3|11 pages

The Launching Phase

chapter 4|9 pages

The Establishing Phase

chapter 5|11 pages

The Prime Phase

chapter 6|17 pages

The Elder Phase

section II|36 pages

Psychological and Therapeutic Considerations

chapter 7|5 pages

Raising Your Money Consciousness

An Important Journey of Individuation

chapter 8|4 pages

The Psychological Dimension

chapter 10|4 pages

What Is Financial Well-Being?

chapter 11|7 pages

The Couple’s Money Dance

chapter 12|5 pages

Complementary Work

Referring to and Working With a Financial Planner

chapter 13|2 pages

Money as a Transference Object in Therapy

section III|22 pages

Current Practice Considerations

chapter 15|5 pages

The Affordable Care Act and Beyond

Making Managed Care Work for You

chapter 16|6 pages

Your Online Presence

section IV|92 pages

A Therapist’s Money Guide

chapter 18|5 pages

Filling in the Financial Knowledge Gap

chapter 23|2 pages

Socially Responsible Investing

chapter 24|16 pages

Debt and Credit Issues

chapter 25|10 pages

An Insurance Primer

chapter 26|13 pages

Estate Planning

Financial Planning for After a Death

section V|49 pages

Your Money Pages

chapter 28|41 pages

Financial Worksheets and Process Pages

chapter 29|3 pages

Looking Forward