When Should You Raise Your Therapy Rates and by How Much [Ep 138]

Are you leaving thousands of dollars on the table because you're afraid to raise your therapy rates? If you're asking yourself when you should increase your fees, I'm telling you right now: you probably need to do it. The hardest part about raising therapy rates isn't figuring out the math. It's getting past the anxiety around having those conversations with your clients.In today's episode, I'm breaking down exactly when to raise your therapy fees, how much to increase them by, and how to think through your risk tolerance so you can make a decision that actually works for your private practice. We're also talking about why this time of year is particularly strategic if you want to implement changes before 2026.Plus, I'll walk you through different fee-raise strategies and show you how to stop overthinking this decision that's costing you money every single day.Topics covered on Raising Therapy Rates:The signs that it's time to raise your therapy ratesThe different strategies for raising your therapy ratesWhen is the perfect time to raise your therapy rates?The Magic Sheets, a powerful tool that will help you figure out by how much you need to raise your therapy ratesHaving a limited cancellation policy is just as important as raising your rates (if not more important)Connect with Felicia:Instagram: @the_bad_therapistWebsite: www.thebadtherapist.coachFacebook group: Healing MoneyResources from this episode:`Get my freebie & join the email list: The Magic SheetsWant the roadmap to making six figures in your therapy business? Learn more about The Fee Formula course today!Related episodes How to Raise Your Fees & Take a Week off from Your Private Practice [Ep 2]How to Ethically Raise Your Therapy Fees [Ep 46]Quote:"If you are asking yourself if you need to raise fees, then that is already a strong indicator that you need to raise your fees." - Felicia