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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: 1. 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. 2. 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. 3. 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 𝐕𝐢𝐞𝐰 𝐬𝐡𝐨𝐰 𝐧𝐨𝐭𝐞𝐬 & 𝐭𝐫𝐚𝐧𝐬𝐜𝐫𝐢𝐩𝐭𝐬 𝐡𝐞𝐫𝐞: https://atppod.com/156 –––––––––––––––– 🎙️𝐋𝐢𝐬𝐭𝐞𝐧 𝐭𝐨 𝐦𝐨𝐫𝐞 𝐞𝐩𝐢𝐬𝐨𝐝𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐥𝐥 𝐓𝐡𝐢𝐧𝐠𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐏𝐨𝐝𝐜𝐚𝐬𝐭: https://atppod.com 🎙️𝐒𝐩𝐨𝐭𝐢𝐟𝐲: https://atppod.com/spotify 🎙️𝐀𝐩𝐩𝐥𝐞: https://atppod.com/apple ✈️𝐑𝐞𝐭𝐫𝐞𝐚𝐭𝐬: https://www.allthingspractice.com/pri... 🗨️𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐞𝐝 𝐄𝐬𝐜𝐚𝐩𝐞 𝐅𝐁 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲: / empoweredescape 🗨️𝐀𝐥𝐥 𝐓𝐡𝐢𝐧𝐠𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 𝐅𝐁 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐲: / privatepracticebuilding –––––––––––––––– 𝐓𝐡𝐚𝐧𝐤𝐬 𝐭𝐨 𝐎𝐮𝐫 𝐒𝐩𝐨𝐧𝐬𝐨𝐫𝐬: 𝐓𝐡𝐞 𝐑𝐞𝐜𝐞𝐩𝐭𝐢𝐨𝐧𝐢𝐬𝐭 𝐟𝐨𝐫 𝐢𝐏𝐚𝐝, & 𝐀𝐥𝐥 𝐓𝐡𝐢𝐧𝐠𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐏𝐫𝐚𝐜𝐭𝐢𝐜𝐞 + 𝐄𝐦𝐩𝐨𝐰𝐞𝐫𝐞𝐝 𝐄𝐬𝐜𝐚𝐩𝐞𝐬 𝟐𝟎𝟐𝟓 𝐑𝐞𝐭𝐫𝐞𝐚𝐭𝐬 & 𝐒𝐮𝐦𝐦𝐢𝐭𝐬 ✨ 𝙏𝙝𝙚 𝙍𝙚𝙘𝙚𝙥𝙩𝙞𝙤𝙣𝙞𝙨𝙩 𝙛𝙤𝙧 𝙞𝙋𝙖𝙙 I want to thank The Receptionist for iPad for sponsoring this episode. The Receptionist offers an iPad list check-in option where clients can scan a QR code to check in, which negates the need for you to buy an iPad and stand. Go to https://thereceptionist.com/privatepr... and sign up for a free 14-day trial. When you do, you'll get your first month free. And don't forget to ask about our iPad list check-in option. ✨ 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 Greece, Chania, Crete Leadership Retreat in November 2025. You can find more information at https://www.allthingspractice.com/pri... and https://www.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. ✨✨ 𝙃𝙪𝙧𝙧𝙞𝙘𝙖𝙣𝙚 𝙍𝙚𝙡𝙞𝙚𝙛 𝙛𝙤𝙧 𝙒𝙉𝘾 𝙘𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙞𝙚𝙨 This money will go to nonprofits who are boots on the ground. It will go to struggling individuals who do not have enough money for gas to get out, or who do not have enough money to provide their basic needs right now. Donate to Patrick's GoFundMe to help provide urgent aid for WNC communities affected by Hurricane Helene. Visit: https://atppod.com/wnc