How much can I earn as a psychologist or therapist in private practice?

How much can I earn as a psychologist or therapist in private practice?Hello and welcome to the Business of Psychology. Today I'm talking about a subject which will probably make you feel uncomfortable. None of us really like talking about money or the fact that we want it or need it. Those things typically give us the ick, and I'm no exception to that, so expect me to sound awkward today. But the fact is that when you are starting out in any business venture, very often there is a financial gap that you need to fill and there should be a financial aspiration, something that you want to aim for, for yourself, for your family, for whatever your reasons are, for wanting a decent income, and it is nothing to be ashamed of. The fact is, earning money in your independent practice does a lot of good both for you and your personal life, but also for the world in general. But many people going into independent practice, or considering growing their practice, will be asking themselves the question, how much should I expect to earn from this business? And today I'm going to talk a bit about how we might start to answer that question.Full show notes for this episode are available at The Business of PsychologyEpisode Links:Episode 41: How to set your fees in your psychology private practice with “pricing queen” Sally FarrantEpisode 98: The unexpected costs of running a private practiceEpisode 19: How Psychologists And Therapists Can Use An Ideal Client Avatar To Co Create And Market Their ServicesEpisode 158: How to find your ideal clients in 2025: SEO for psychologists and therapists with Chris MorinEpisode 134: Leadership in your Psychology PracticeEpisode 61: Turning a practice into a service with Dr Melanie LeeEpisode 152: Thinking differently about your practice: A tool to put the client firstSubstack: substack.com/@drrosieRosie on Instagram:@rosiegilderthorp@thepregnancypsychologistEvolve and Thrive MastermindAre you a psychologist or therapist with a thriving practice, but you're feeling stuck? Do you dream of more predictable income or more time for your family and maybe the ability to make a wider impact in mental health? I get it. You are...