Daily Juice 059 – Is managing finances an “Art” or “Science”?

Daily Juice 059 – Is managing finances an “Art” or “Science”?

I came across an interesting article on CNN money site, titled “Forget the Numbers Game, there is an Art to Managing your Money”.

Author and financial therapist Bari Tessler, in her book, “The Art of Money”,  talks about how behind every budget spreadsheet there is layer upon layer of volatile factors, including emotions, family histories, habits, and dreams.

Behavioral finance has been a topic of interest for some time, as I see this in practice with my clients on a daily basis how we all make irrational decisions when it comes to investing, spending, saving.

Bari also supports the idea of “Money Dates”, which allows us to check in with ourselves on a regular basis where we stand compared to our financial goals.

I’ve always known that there was a precise science of managing finances (It’s what I studied in school), but as I began practicing my craft, I realized that every client was different, they came from different backgrounds even though they were asking the same financial questions.

What do you think? Is there more “Science or Art” to managing your finances?

Listen Here!

Anna Sergunina
Anna Sergunina

I'm Anna Sergunina, CFP®, President & CEO at MainStreet Financial Planning, Inc. My passion lies in serving others through financial planning, helping clients achieve their dreams like buying a home, saving for education, or retiring early. With over two decades in the industry and a CFP designation since 2009, I'm dedicated to excellence and continuous growth. Beyond work, I cherish moments with my son Liam, prioritize self-care, and engage in content creation for my Money Boss Parent Podcast and Money Library blog.

Get Started with Get started with Anna’s team

Stay updated on future articles, shows, and podcasts