How to Reduce Your Financial Stress

You are here: Home » MoneyTalk » Budgeting and Saving » How to Reduce Your Financial Stress
frustrated man on laptop

Your finances can sometimes be a source of great stress. During times like these, sleep may not come easily and relaxing can seem impossible. However, there are a variety of great ways for you to find relief and reduce your financial stress.

Change Your Mindset

There is some truth to the adage, “mind over matter.” Letting yourself get bogged down by negative thoughts may prevent you from reaching financial success.

By changing the way that you look at things, it can potentially help you solve your finance related problems and even come out ahead.

The most important thing though is that you believe that you can do it. Let that positive belief move you to get important tasks done.

Figure Out the Cause(s)

One of the first things you should do to reduce any finance related stress you are experiencing (if you have not already), is to is determine what the cause(s) of said stress is.

Maybe you are trying to get a credit card balance down but are having some difficulty doing so. It could be that you need to start saving some money but are not sure how you can go about doing it.

Whatever the case may be, knowing what your problem is will be of great help to you in remedying your financial stress.

Figure Out What You Can Change

Once you have figured out what is causing your financial stress, you can start thinking about what you might be able to change in order to help things get better.

If it is a spending problem that you are having, see how you can curb it and cut down to only the things you really need and not so much of the things you only want.

When it comes to not making enough money to keep up with all of your bills and expenses, see what you can do that could work for you. It could involve going back to school to be able to get a better paying job, finding the right investments, finding work you can do on the side, or any number of other things.

Set Goals for Yourself

When you have determined what you can change to help improve your current financial situation, it is time for you to set some goals for yourself. Figure out exactly what it is you would like to achieve and then start figuring out how you are going to get there.

Keep in mind that the more realistic your goals, the more likely it is you will achieve them. You will probably not be partying on your own private yacht out on the water right away if you are currently in serious debt.

That said, having clear-cut goals gives you a prize to keep your eyes on.

Take Small Steps

So now you have plotted out some goals for you to reach. Great! But how to reach them? This will involve breaking things down into smaller individual steps that will take you to where you would like to be.

Although small steps may not seem like a very appealing way to reach a goal, they quickly add up if you stick to the plan and stay diligent. Before you know it, you could not only be out of your financial worries but living better than you ever have before.

Just remember to be patient and that all things worth having take a bit of time.

Make a Budget and Stick to It

Something that will help you along the way to reaching your goals and reducing your financial stress is making a budget and sticking to it. Figure out what your money situation overall is and then where it all needs to go each month.

This will also help you to determine just how much you may be spending unnecessarily, which will then help you to curb it and as a result have more money saved to use for helping you get to where you would like to be financially.

Start and Keep Up with an Emergency Fund

Additionally, another thing you can do to help reduce your financial stress even further is to start putting money into an emergency fund from time to time. Having a nest egg around can help you stay prepared for a serious rainy day if you are diligent with building it up on a consistent basis.

Having a well-kept emergency fund can prepare you for things like:

  • Fire to your home
  • Covering a hospital bill
  • Getting a new car if something happens to the one you have now

Trusted lender of over 250,000 customers2

Trusted by over 250,000 customers since 2002, we know how to do business the right way. Our US based customer service team is there for you seven days a week.

LoanMart © 2020 All Rights Reserved. Version: NMLS ID 1442517
Go To topApple Store Logogoogle play logo button


Applications submitted on this website may be originated by one of several lenders. All loans will be serviced by LoanMart. See State Disclosures for additional information.

1Loan approval is subject to meeting the lenders credit criteria, which may include providing acceptable property as collateral. Actual loan amount, term, and Annual Percentage Rate of the loan that a consumer qualifies for may vary by consumer. Loan proceeds are intended primarily for personal, family and household purposes. Minimum loan amounts vary by state. Consumers need to demonstrate ability to repay the loan.

2Based on consumers who received a loan from LoanMart from February 2002 to October 2018.

3Application processes could take five (5) minutes to complete. Upon completion, a conditional approval may be given pending review of documentation. Funding time is based on the time from final approval following receipt and review of all required documents and signing, prior to 2PM PST on a business day.

4To exercise the right to rescind, the consumer(s) must notify the lender in writing by midnight on the third calendar day from obtaining the loan. Within one business day from notice of rescission, the consumer(s) must return any monies received and fees paid on behalf of the consumer(s) by certified funds.

5Lenders recommend and encourage consumers to pay early and often and more in order to avoid additional finance charges.

If you are using a screen reader and are having problems using this website, please call 1-855-422-7412 for assistance.


Loans for certain California residents, and residents of Delaware, District of Columbia, Florida, Illinois, Indiana, Kansas, Kentucky, Michigan, Mississippi, Oklahoma, Ohio, Oregon, South Dakota, Tennessee, Texas, and Washington residents are made by Capital Community Bank, a Utah chartered bank located in Provo, UT, Member FDIC. Loans made by Capital Community Bank will be governed by Utah law and serviced by LoanMart.

All loan applications are subject to meeting Capital Community Bank’s credit criteria, which include providing acceptable property as collateral. Consumers need to demonstrate ability to repay the loan.

To learn about vehicle secured loans made by Capital Community Bank or to submit an application, please click here or visit