Does your credit card feel like Monopoly money because the cash is still sitting in your bank account after you’ve made a purchase?

In this solo episode, Linzy explains why an expense occurs the moment you use your credit card — not later when you pay your credit card bill — and how paying your credit card weekly instead of waiting for the monthly statement is a simple yet powerful habit that can create greater financial clarity, improve cash flow awareness, and help you stay in control of your money.

Whether you pay off your credit card in full every week, you’re trying to avoid adding to an existing balance, or you're actively paying down credit card debt, Linzy shares a practical strategy for building a payment routine that is sustainable for your financial situation.

Episode Timestamps:

01:32 - Starting Season 16 with a Practical Money Habit

03:10 - Who the Weekly Credit Card Payment Strategy Can Help

05:17 - Why a Credit Card Payment Is Not a New Expense

07:07 - How Credit Card Statements Can Blur Your Financial Picture

09:01 - Integrating Credit Card Payments into Profit First Disbursements or Money Time

10:54 - Why Debt Repayment Should Not Create Financial Precarity

11:13 - How to Keep New Charges from Adding to Existing Debt

12:18 - Paying Historical Debt Down Slowly and Sustainably

13:18 - Using Small Weekly Habits to Create Consistent Progress

15:08 - Adapting the Practice to Your Money Schedule

Want to feel more calm and confident about your money?

Join one of Linzy's free online workshops for private practice owners to shift your money mindset, transform your relationship with money, and gain practical tools and strategies to manage your business finances with greater clarity and ease. Explore upcoming workshops and sign up to save your spot — or register to receive the replay.

You can also join the private WhatsApp community to connect with therapists, health practitioners, and listeners of Money Skills for Therapists: The Podcast. Submit your request to join the community today!

About Linzy Bonham

Linzy Bonham is a therapist turned money coach who helps private practice owners and health professionals feel calm, confident, and in control of their finances through her podcast, workshops, and comprehensive programs: Money Skills for Therapists and Money Skills for Group Practice Owners.

Learn more about Linzy at moneyskillsfortherapists.com/about-us