Share the goodness!
In this episode, I talk with Dr. Angela Koivula, psychologist and adjunct instructor at the University of Florida, about the complexities of navigating financial realities in the mental health profession and its impact on career decisions.
Key Takeaways:
- Financial Planning & Sustainability: Many therapists face significant challenges in planning for retirement due to a lack of resources and knowledge about financial management in the mental health field. The constant need for marketing and client acquisition adds to the financial pressure, making self-care days seem like a luxury.
- Private Practice Realities vs. Perceptions: The perceived glamour in private practice marketing often hides the tough realities. Many professionals feel conflicted between their values and the demands of running a successful practice. Angela shares her journey of shifting focus during the pandemic, finding lucrative contract work, and educating herself on financial independence to secure a more stable career path.
- Systemic Issues & Solutions: The mental health profession is fraught with systemic issues like high student debt and low entry-level wages, making the field unsustainable for many. Angela argues for the need to re-evaluate career paths, customize work schedules for better work-life balance, and prioritize debt reduction for true financial freedom.
More about Angela:
Dr. Angela Koivula, Ph.D. (she/they) is a Licensed Psychologist with over 15 years experience in the field of mental health serving individuals, couples, and groups as well as active and retired military personnel and wellness industries. She has also served as an adjunct instructor at the University of Florida. She is a Black and Queer individual on a journey to be her most authentic self in everything she does. Her roots originate in Kansas City, MO, and is a lifelong, die-hard Kansas City Chiefs fan!
- Website: Inclusivewellnessproject.com
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✨ All Things Private Practice + Empowered Escapes 2025 Retreats & Summits
The 2025 retreats and summits are live! This is Patrick Casale from All Things Private Practice. My co-host Jennifer Agee and I have put a ton of planning into these events for next year, and we are excited to welcome you to the following locations. We have a retreat about creating alternative income streams and diversifying revenue from May 17th–22nd in Catalonia, Spain in a beautiful seaside Mediterranean village. We have the second annual Doubt Yourself, Do it Anyway Summit in Edinburgh, Scotland, from July 14th–18th with 13 incredible speakers. We then have a second retreat in Catalonia, Spain, on creating alternative income streams. Next is the Asheville Retreat Builders Blueprint in October of 2025—dates coming soon—and the Greece, Chania, Crete Leadership Retreat in November 2025. You can find more information at allthingspractice.com and empoweredescapes.com. Travel the world with us, connect, build your businesses, expand, step out of your comfort zone, doubt yourself, do it anyway. We hope to see you in 2025.