09/03/2025
All right, Iâve spent a full month giving a breakdown of how much I bill each week, so now I wanna give you a better idea of my monthly expenses and true income.
In August 2025, I saw 31 groups, 59 individuals, had three lesson lessons, and 14 cancellations. I worked for a total of 86 clinical hours and took three days off.
My total income this month was $7095.58. Most of that came from invoices, $7062.62, but I also sold some materials earning $32.63, and my savings account earned me $.33 of interest.
The total amount of money I spent this month was $6056.97. My monthly expenses include payroll software for $46, google business for $6.61, rent for $1349, insurance for $31.75, and payroll which includes taxes for $4226.36. I had one yearly expense, which was my CBMT maintenance fee for $80, and a few as needed expenses which included going to the laundromat for $46.35, materials which cost $74 and 63.$4.63 and some new instruments which totaled $196.27.
This means I earned a profit of $1038.61 in the month of August 2025! Where does this profit go? Well, twice a year I take 50% of that profit and write myself a check! Otherwise, it all get saved away to create a nice little nest egg for my business.
Also, I will not be posting regular monthly updates of my money stats as that feels like giving a liiiiiiittle too much away đ€Ș but every now and again I want to provide these updates so you get a better idea of what running music therapy practice looks like!
ID: the first image is a light pink background with the Eastside music therapy logo in the background and it says monthly money stats August 2025. The rest of the images outline the caption above.