Episode 41

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Published on:

14th Apr 2021

Money Practices and Money Maps with Bari Tessler

In this part two episode, we discuss money practices and money maps. We jump right in to the practical and discuss money dates. For example, mixing in candles and chocolate, music of any kind, whatever will be supportive for you sitting down and taking a look at your money. Whether it’s 5 minutes or 15 minutes, every few days or at least once a week, it’s important to start.

Ask yourself, “What is one step you can take around money today?” It may be just looking at your bank balance. However, you may discover fraud like Bari did and catching it early is important.

Bari shares how just like a daily hike a true money practice is ongoing and consistent. It may be difficult at first and some might want to just get it over with. Start with a little at a time and let it become more often and longer.

There’s a big difference between the way people handle their money and that’s okay. Bari and her husband were supportive of each other but they also were competitive. It was 7 years before they completely combined their accounts.

People spend differently and the main thing is to have a conversation about it. The values for each person are a part of the way they spend and important to be considered.

With couples, Bari recommends starting with story time first. Step one - 30 minutes, 15 minutes each, money healing work, share stories good and bad about what happened in your childhood.

Next you’ll move into values, then who’s on what and lastly, goals and dreams and getting on the same team. It’s so important to do all of this with compassion. 

Values based bookkeeping is so important with the renaming of the different categories. It’s all about where you’re spending your money and where you’re giving your time and attention.

Even just renaming your rent by calling it home or sanctuary or love shack can make a difference. Sometimes this makes people realize where they’re living doesn’t feel good and they decide to do something about that.

By taking a deeper look at your numbers, you can see if your values are reflected in them. If not, then you can make changes so you’re actually living your life in alignment with your values. 

Bari renamed budgets to money maps. The first step is to sit down and create a 3 tier map of the categories and actual numbers. The first tier is basic needs, the second tier is comfortable and lastly, the third tier is ultimate. These will change throughout the years.

On a monthly basis, you need to review the numbers and your intentions. At different phases in life you have to be more rigid than at other times.

Money healing, money practices and money maps all intertwine together. All three phases are the foundation. 

Bari shares about how money legacy for her is past, present and future. She talks about all she learned from her father and all that she had to learn too. She was able to heal before he passed. She talks all the time with her mother and her son about money.

Bari said, “Legacy for all of us, is honoring where we come from, the beauty, the pain, what needs forgiveness. And it really asks us, ‘What do we want to pass on?’”

Bari’s definition of success is having a full life in family, in work, in health and in giving to the larger community. 

The best financial advice Bari was given was learning the body check in. It’s the best life advice. Learn how to listen to your sensations, to your body, learn how to sit and be and feel and understand. Bring it to your relationship to money as well. 

Bari Tessler’s website - 

www.baritessler.com

On her website Bari offers a free 7 day mini course and also a year long evergreen program.

Bari’s Instagram -

www.instagram.com/baritessler/

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About the Podcast

Money Made Easy
The dialogue around money can get quite awkward and sticky. We know that. We're here to create a safe and comfortable space to have these important discussions about money. We believe that having a healthy relationship with money is extremely important, and can be the solution to many underlying problems. We’re here to talk about all the things! Earning it. Saving it. Investing it. Do you have questions? We do too. Join us as we learn all we can about money. We want to make money easy to understand and easy to talk about. We're talking about it all - the good, the bad and the money!!

About your host

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Angelica Zupancic & Tetia Stroud