Ep. 58 Financial Planning for Self-Employed Therapists (with special guest Ryan Derousseau)

Your Money, Your Rules | Money Mindset, Budget, Personal Finance, Human Design, Female Entrepreneur

Are you a self-employed therapist that is financially successful in your business and don't feel like you have a clear roadmap to building your wealth? Join me as I invited Ryan Derousseau, a CFP® who supports self-employed therapists, on the podcast to discuss how to overcome the common fears that many of us feel of being "behind" in our financial journey. We'll explore how societal gaps in financial education contribute to these worries and learn strategies to recognize and build on your achievements, integrating emotional well-being into financial success.
In this episode we discuss:

• The emotional baggage we sometimes feel when it comes to money
• Exploitation of the financial industry
• Understanding the benefits of a fee-only advisor
• Strategies for balancing work and business
• Scaling your therapy practice
• Reframing financial freedom

If you would like to connect further with Ryan, you can do so here (https://thinkingcapfinancial.com) or receive his free e-book (https://thinkingcapfinancial.com/incometowealth)
Want to learn more? Here are your next steps:

Step 1: Join my FREE Facebook Community

➡️ Join here: https://www.facebook.com/groups/941450038160915

Step 2: Ready to feel more confident with your money using Human Design? Join my FREE 4-part video workshop series where I show you how to use your unique decision-making skills with money.

➡️ Sign up now: https://generatealifewelllived.com/create-financial-ease-with-human-design

Step 3: Want to work together to transform your relationship with money and build true financial confidence?

➡️ Book your 1:1 coaching call here

Money doesn't have to feel overwhelming. Let's create a strategy that feels aligned and empowering for you.

From my soul to yours,

Erin

Kapitler

1. Introduction and welcome (00:00:00)

2. Introducing guest Ryan Derousseau and topic overview (00:00:39)

3. Ryan's background and journey into financial planning (00:01:44)

4. Discussion on client expectations and financial education (00:03:35)

5. Addressing shame and guilt around financial knowledge (00:06:10)

6. The financial industry and exploitation (00:08:06)

7. Fear-based vs. goal-oriented financial planning (00:09:48)

8. Fee-only advisors and fiduciary responsibility (00:11:57)

9. Different models of financial advising (00:14:13)

10. Taking responsibility for financial decisions (00:15:24)

11. The importance of understanding basic financial concepts (00:18:26)

12. Balancing business and personal finances for entrepreneurs (00:20:00)

13. Scaling opportunities for therapists in private practice (00:24:53)

14. The importance of slowing down and identifying financial goals (00:26:55)

15. Rethinking retirement and finding purpose in work (00:32:10)

16. Transitioning from saving to spending in retirement (00:36:51)

17. The problem with constantly trying to optimize investments (00:39:22)

18. Dealing with perfectionism in financial planning (00:42:53)

19. Focusing on small steps and continuous improvement (00:44:25)

20. The importance of celebrating financial milestones (00:46:35)

21. Closing remarks and where to connect with Ryan (00:47:00)