How to Cope with Financial Stress

Money, or the lack of money, can cause a lot of worries. Money is a necessity to pay for rent or a mortgage, for food, for fun, and everything else we want to do on a daily basis. It is even hard to keep a job to make money if you do not have money for gas or work clothes. This can cause a stressful burden on the back of people around the globe. 

Financial stress can cause an overwhelming toll on your mental health. It can make you lose sleep and cause intrusive, worrisome thoughts. It can drain your energy and impact your self-esteem. It may even make you mor irritable or depressed. 

However, there are some other things you can do to cope with high levels of stress about money, debt, and spending habits. Let’s look at some things you can do. 

Talk to Someone

You can also talk to friends and family about your financial issues and the stress that it is causing. It is likely that they have had some similar experiences, even if they did not tell anyone about it. Financial troubles and the stress they can cause are incredibly common. 

Keeping your stress inside can make it worsen over time. Just having someone to listen to you can go a long way to calming the mind and reducing your levels of stress. They may not be able to offer you financial advice or help you fix your problems, but they do not have to. Just lending an ear can help. 

They may also be worried about your current situation, and they may even offer helpful suggestions that can be of help to you. They may have experienced similar situations in the past and can offer guidance about what you can do and what you shouldn’t do to alleviate your high levels of stress and to get your finances back on track. If you are a parent, financial stress can also put pressure on family dynamics, and have impacts on young children that they might not be voicing. A good resource to learn more about how to talk to your children and navigate this time is BetterHelp.

It is also important to spend time with other people. While you may not have the money to take a vacation, you can do some inexpensive or free activities to reduce your stress levels. There may be a free concert or maybe you just want to take a walk in the park. Even that little bit of exercise may help you reduce your anxieties as well. 

Keep Track of Finances

If you are having a hard time finding the money to pay for rent or food or to stay up to date on bills and debts, then your first reaction may be to ignore calls from creditors or to never open the bill when it comes in the mail. However, that can increase the stress and does not make the problem go away. 

Keeping tack of your excessive spending and your income can help you see where you can cut down on spending and where you can move money around. While this may not solve all of your financial problems, it can still help you get a little perspective. 

Make sure to keep track of every penny made and every penny spent. This will help you see if there are any problems with spending that you can immediately address. Then, listing your debts can make you see which ones are more important to pay every month and which ones you may be able to make future payment arrangements for. 

Then, you can make a plan and stick to it. While the plan itself is highly dependent on your specific financial difficulties, some options include tightening your budget, finding a new job, getting a side hustle, or applying for bankruptcy or government assistance. 

Take Care of Yourself

Taking care of yourself can help to reduce your overall stress levels, even if it does not make the financial troubles go away. There are a lot of things you can do that can help you improve your well-being by reducing your anxiety or stress. 

First, try to get regular exercises because it can improve mood, increase energy levels, and ease stress. Try to exercise a little bit every day. You should also try to focus on eating healthy foods and getting plenty of sleep. These things may sound simple, but they can go a long way towards helping you with your stress management. 

You can also try to learn a relaxation technique. Meditation, breathing exercises, and other relaxation techniques can help you calm down and destress. This can be very beneficial, and it does not take a lot of time to learn, and you can do it whenever you begin to feel stress. Participating in relaxation techniques, like mindfulness meditation, works best when you do it for a few minutes each day. 

You also need to make time to do things that you truly enjoy. When you are focused on your financial stress, it can be easy to forget that life should be enjoyable. Make sure that you do some things every week that bring joy into your life. You do not have to pay much, or any, money to play a board game, go to the park, or watch a movie at home. Invite some friends over and ask them to bring snacks and you have a fun night ahead of you!


Financial stress can be incredibly difficult and make it hard to be happy on a day-to-day basis. While therapy can help, you can also learn to cope by taking care of your finances as much as you can, learning to live a healthy lifestyle, and talking to friends and family. Doing all of these things may help much more than you realize while you get your finances back on track.