How To Not Stress About Money?


Money can be a stressful topic for anybody. From those that seem financially sound to those that struggle with finances, any situation involving money can be a triggering situation, full of stress and worry.

It can often be a spiraling situation too, with an initial bill reminder leading to financial woes, stress about a financially secure future, and so much more. If you find yourself stressed about money, please know that you’re not alone in this situation: in 2019 the American Psychological Association has found that 60% of Americans thought that money was their most stressful situation.

So, how do we not stress about money? What methods can we use to remain calm when thinking about our finances? This post will highlight how to not stress about money, so read ahead if you’d like to deal with your finances in a calm, practical manner.

Rework The Budget

Sometimes your budgeting (or lack of it) can be a real cause for worry. It’s important to continually check in with your budget to ensure that you’re not overspending your means. This can affect anyone and everyone - regardless of your income, you need to live in a sustainable and practical way for your future.

Review Your Bills and Outgoings

This might be a triggering situation but it’s necessary to work out your next steps. Be as calm as possible and focus on the positive outcome: a reworked budget and a positive financial future.

Increase Your Income

If this is possible, try and increase the amount of money you have coming in each month. This might mean asking your employer for a raise, taking on a second job, or creating a side hustle.

Reduce Your Outgoings

If you’re notorious for going out for expensive dinners and buying the latest fashion, ask yourself if it’s really necessary. Or, if you don’t want to sacrifice that element of your life, try and rework your daily expenses to make them less expensive. Trade-in a store-bought coffee for homemade, for example!

Pay Off Any Debt

Don’t prolong this if you can as it’s a crucial step to becoming financially independent. It will also make you feel a lot more financially sound if you have no debt.

Ask For Help

If you’re able to, ask a financial advisor or accountant for help on your money issues. They can help you work out a budget and come up with a long-term plan to hold you accountable.

Focus on the Positive

For many of you reading this post, your financial future will be okay. This stress and worry are temporary and a few simple changes will have a huge impact on your life. You have all the power to create a new outcome when it comes to money and finances, so commit and make the right steps for you and your future.

Money can be a real source of worry for millions of people in the USA and around the world. However, it can be an issue that is short-term, if handled in the right way. Don’t put off dealing with money problems - instead, tackle them head-on and come to a viable solution.

If you’re finding yourself stressed and anxious and want a head start in helping manage that, have a look at our biofeedback device and App. You can learn more about them here.

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Photo of Noga Sapir - Reflect Author, the author
Written by Noga Sapir - Reflect Author

Noga is the founder and CEO of Reflect Innovation. Noga’s work lies in the intersection of technology and design, and how tactility can create unique experiences in the mental health space.

Reflect Innovation was conceived in 2016 when, while completing her degree in Textile Design, Noga developed Reflect, looking to invent solutions for her own struggle with anxiety.

Noga holds a BSc. in Neuroscience from Tel Aviv University and BDes. in Textile Design from Shenkar College of engineering, design, and art.

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