guest post by Bari Tessler
Have you noticed that even for those of us who have “done a lot of work”, we often check out around money? While many of us have other psycho-spiritual practices like meditation, yoga and exercise, money is often the “last frontier”. If you can relate, you’re not alone. The best place to start? Cultivate your conscious money practice.
In its basic meaning, any “practice” is simply a healthy habit we do on a regular basis that, over time, provides a cumulative benefit. Your “Money Practice” can be defined as the steps you take on a daily, weekly, monthly and yearly basis to help bring more clarity, peace of mind and success to your financial life.
The 3 Levels of a Money Practice
#1: The Physical Level of Your Money Practice
This is where we attend to the practical aspects of our relationship with money. You choose how often you attend to your money practice – daily, weekly, monthly. I invite you to schedule a weekly “money date” with yourself as you’re beginning to cultivate your money practice. Setting aside this time & clearing this space is often the hardest, and most important piece. Once you enter the space of your money practice, here are some aspects to consider, on this “physical level”:
- Learn a tracking system (like Mint, Quicken, or Quickbooks). I used to be TERRIFIED of these systems! Many of us want to outsource this piece because it’s so uncomfortable. However, it can be phenomenally empowering and healing to learn a system, learn this language, and attend to our financial tracking regularly with clarity.
- Save your receipts in a fancy stylish accoutrement. Especially if you have a business (and even for those of us simply looking to bring more consciousness), it’s important to keep your receipts and reconcile them regularly. I keep all my receipts in really cool silver old cigarette case. This small touch I’ve added to my money practice helps keep me awake, inspired, and effective.
- Clear the clutter. Clean your desk & create a nice environment to attend to your money practice. Add candles. Something beautiful. Music. Anything that helps you step more deeply into your conscious money practice.
#2: The Emotional Level of your Money Practice
This is where we bring more awareness to our “money story”. What emotions come up for you around money? What’s your history? Where do you check out, freak out, or become anxious? Deep breaths and huge doses of compassion are needed here. This level is about deepening in self-intimacy, and understanding our experience with money, and how it’s playing out in our current life.
Here’s my favorite tool to engage with the emotional level of your money practice. Use this tool in each moment of your money practice – as you prepare to have a complicated money conversation, as you approach an important money decision, as you’re sitting down to the computer to pay your bills . . .
- Body Check Ins: Stop whatever else you are doing. Take a few deep, slow breaths. Be open and curious about your inner experience. Notice any thoughts, feelings, images, body sensations, memories. Acknowledge what you find. Write about your experience in a money journal if you’d like to. Collect data, clues, and pieces of the puzzle to help you come into deeper relationship with yourself & your money story.
#3: The Psycho-Spiritual Level of Your Money Practice
This is where we drill down to the very deepest meaning of your money practice, and align your finances with your values. What is the meaning and value that you are exchanging your money for? What is your vision for your life? And how does that connect to your relationship with money?
- Renaming: Transform boring, or stressful expenses into deeply held and honored values. For example, what if instead of paying your “Mortgage” or “Rent” each month, you invested in your “Sanctuary”, “Home”, or even “Love Shack”?! By renaming in this way, our financial comings and goings are infused with meaning and intentionality.
Wherever you are on your money journey, choose your very next baby step, and take that step. The tools you’ll find here are just the beginning. Remember, the most important step in nurturing any practice is to begin. And begin again. Again and again.
To learn more about cultivating a money practice, working with your “money story” and stepping into a path of Financial Transformation, join Bari on the line for a free teleclass on Tuesday, April 3rd, “Wake Up With Money”. Save your seat here: http://baritessler.com/programs/wake-up-with-money-teleclass
Bari Tessler is a Financial Therapist, Coach and Mommypreneur. She founded the Conscious Bookkeeping Method – Tools for Financial Transformation in 2001, after a decade working as a body-centered therapist.
The business quickly grew from a one-woman operation into a team of six other accounting, psychology, coaching, and investment professionals. Then, with the birth of her son in 2008, Bari successfully evolved back into a one-woman rockin’ show as a mommypreneur, updating her business model to honor the importance of spending lots of time with her family.
She offers the Conscious Bookkeeping Method: Tools For Financial Transformation™, via these programs: Introductory Video Course, Wake Up With Mint Course, Home Study Program, and private Financial Therapy.
Her teaching combines practical action steps, a wealth of therapeutic experience, and inspiration galore to help her clients transform their relationships with money, body, mind and spirit.
To learn more about Bari and her work, go here: http://baritessler.com/