How to make extra money as a counselor

Relying solely on direct clinical hours may leave private practitioners financially vulnerable to income instability.

Since client hours in private practice can vary greatly depending on the time of year, state of the economy, number of new referrals, and several other factors, developing multiple income streams can help you to create a more stable income.

Smith, LCAC, LMHC, LMFT. In addition to providing income stability, diversifying your professional activities with multiple income streams allows therapists to explore a variety of interests, to express creativity, and to get paid for their passions.

Many therapists have taken their clinical expertise and turned it into a book.

For example, Frank J. A Story for Kids about Homesickness Health Press, John Duffy took his passion for parenting and authored a book The Available Parent: Radical Optimism For Raising Teens and Tweens Viva Editions, What areas of expertise could you write about?

Have you considered creating and selling a product based on your clinical expertise? Stephanie Ann Adams, M.

The internet allows for many options for therapists to create passive income through membership sites. In addition to writing a local magazine column and providing clinical work, Browning, with the help of her adult children, developed a professional wellness center online called Experts Now.

Ways to Make Money in a Private Counseling Practice | eHow

This online center offers wellness experts an avenue to offer services and sell products for a commission creating additional income for Browning. Mario Kirk, LPC , Director, A Blessed Child, LLC, performs psychological testing for local attorneys and schools. Are you developing multiple streams of income to supplement your direct care hours?

Please share your ideas in a comment below. Multiple Income Streams Soothe Therapist's Financial Anxiety part 1 http: Multiple Income Streams Soothe Therapist's Financial Anxiety part … http: Hi — I have been the director of a mental health group practice in North Carolina for about twenty years.

How therapists can earn a steady, low effort online income to supplement practitioner income - and get more clients into the bargain

In my opinion, the mental health industry has been under a sustained attack for all of my time in the business, with constant downward pressure on fees, while costs go up to contend with every-increasing administrative requirements.

It is imperative for individual therapists and psychiatrists to develop other income streams to maintain and, dare I say, even see incomes improve from year to year. My group carved out a special capital fund to allow clinicians to establish small related businesses to supplement their treating-patients income. Some are offering groups, some educational seminars.

Our docs organized a coverage services company that we market to local hospitals and county agencies. If it is of any interest to you or your readers, the link to our blog is http: Keep up the good work!

I present play therapy workshops that provide CE hours for play therapy credentialing. Along with that I offer consulting services for therapists wanting to start a play therapy practice and set up a play room.

I been looking for smart, simple ways to build extra streams of income without shell out tons of cash. This article details some interesting options I had not considered. Brainstorming new approaches to creating cash flow streams.

The contents of this site are for informational and educational purposes only. Nothing found on this website is intended to be a substitute for professional psychological, psychiatric or medical advice, diagnosis, or treatment. Write and publish a book Many therapists have taken their clinical expertise and turned it into a book.

Create a therapeutic product Have you considered creating and selling a product based on your clinical expertise? Develop a professional online network The internet allows for many options for therapists to create passive income through membership sites. Watch for multiple income streams part 2 later this week!

Julie de Azevedo Hanks , LCSW loves to make a difference for women. She owns Wasatch Family Therapy and regularly contributes to KSL TV's Studio 5 , and her advice has been featured nationally including Wall Street Journal, Parenting, Fox News, and others.

Her book The Burnout Cure is available now and The Assertiveness Guide is available now. PsychCentral November 8, at 8: Anxiety Help November 8, at 9: Anxiety Help November 9, at 3: Stanley Monroe November 9, at Pam Dyson November 9, at 3: PsychCentral November 9, at Best of Our Blogs: November 11, World of Psychology November 11, at 6: Ingram November 11, at Therapist, Social Worker, Life Coach, Private Practice Biz Consultant, Author assertivenessguide, Mormon cultural commentator, blogger.