"My therapy practice was generating a significant amount of revenue, yet I was on the brink of collapse. Poor profit margins and weak financial boundaries had left me in a severe cash-flow crisis. With kindness, he said: "Joyce, you're not running a charity-you deserve to make a profit.""
"Money boundaries are the limits we set with ourselves and others around how we earn, spend, share, and manage money. These limits shape every financial relationship in our lives-partners, children, parents, friends, employers, clients, and colleagues. When money boundaries are weak, the result is often resentment, guilt, conflict, and stress. Over time, this can lead to or worsen anxiety, depression, and relational strain (Marter, 2021). But when boundaries are strong, they provide clarity, reduce tension, and foster healthier, more balanced connections."
A therapy practice generated significant revenue yet faced cash-flow collapse due to poor profit margins and weak financial boundaries. People-pleasing and low self-worth led to under-earning, over-giving, and emotional, physical, and financial depletion. Reclaiming self-worth and implementing healthy money boundaries enabled a business turnaround and an eventual eight-figure sale. Money boundaries define how people earn, spend, share, and manage money and shape relationships with partners, family, friends, employers, and clients. Weak boundaries produce resentment, guilt, conflict, and stress and can worsen anxiety and depression. Strong boundaries create clarity, reduce tension, and foster healthier, balanced connections.
Read at Psychology Today
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