Episode 161: Be the CFO of Your Own Life in 2025

In the first episode of 2025, Julie Herres, host of Therapy for Your Money and owner of Green Oak Accounting, focuses on empowering therapy practice owners to take control of their finances. Julie provides practical tips to help listeners take charge of both personal and business finances, including: Maintain individual login credentials and use two-factor authentication for all accounts. Regularly review credit reports, bank statements, and financial transactions. Limit access to sensitive financial information in your business. Keep a comprehensive financial checklist for both personal and business accounts. Collaborate with a trusted accountant to spot red flags and ensure accountability. And more! Julie emphasizes that financial independence is more than just money—it’s about creating peace of mind, security, and the freedom to make informed decisions. Podcast Highlights 00:00 Introduction 00:47 The Importance of Financial Independence 03:25 Building Financial Awareness 05:35 Personal Finance: Practical Tips 08:45 Securing Your Accounts 10:48 Business Finance: Common Risks 14:30 Setting Boundaries in Your Business 17:20 Conclusion: Taking Control Links and Resources Money for Therapists Practice Startup - https://www.greenoakaccounting.com/startup GreenOak Accounting - www.GreenOakAccounting.com Therapy For Your Money Podcast - www.TherapyForYourMoney.com Profit First for Therapists - www.ProfitFirstForTherapists.com Profit First Academy - www.ProfitFirstForTherapists.com/Academy Podcast Production and Show Notes by Course Creation Studio