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Stressed about money? Here are 5 things you can do

It's no secret that money worries can be a major source of stress for many people. Whether you are struggling to make ends meet, worried about debt or simply feeling overwhelmed by the complexity of managing your finances, it's important to know that you are not alone. Here are five things you can do if you are stressed about money:

Get Financial Advice

One of the best things you can do if you are experiencing financial worries is to seek professional advice. A financial advisor can help you create a budget, develop a debt repayment plan and provide you with strategies for saving money and investing for the future.

They can also help you navigate the complexities of taxes and insurance and provide guidance on making smart financial decisions. While there may be a cost associated with working with a financial advisor, the investment can pay off in the long run by helping you achieve your financial goals and reducing stress. You do not need to pay for debt advice and can access it for free from PayPlan or StepChange.

Look After Yourself

Stress can take a toll on both your mental and physical health, so it's important to prioritise self-care. Make sure you are getting enough sleep, eating a healthy diet and engaging in regular physical activity. This can help reduce stress, improve your well-being and help you manage your financial health too.

Incorporating stress-reducing practices into your routine, such as mindfulness meditation or yoga, can improve poor mental health. Taking care of yourself can help you better manage your finances and make more sound financial decisions.

Organise Your Finances

If you are struggling with your mental and financial health, it's essential to take stock of your financial situation across every bank account. This includes creating a budget, tracking your spending and understanding your debt and assets.

Having a clear understanding of where you stand with money problems can help you identify areas where you can cut back on spending and increase savings. There are numerous financial tracking apps available that can help you stay on top of your finances, or you can create your own system using a spreadsheet or pen and paper.

Make a plan to save money so you can work towards financial stability instead of constantly worrying about the number in your bank balance.

Focus on Your Financial Goals

When you are feeling stressed about money, it's easy to get caught up in the day-to-day challenges of paying bills and managing debt. However, it's important to keep your long-term financial goals in mind.

Whether you are saving for a down payment on a house, building an emergency fund or investing for retirement, having a clear goal can help you stay motivated and focused. Consider breaking down your goals into smaller, more manageable steps and celebrate each milestone along the way.

Talk to Someone About Financial Stress

Finally, it's important to remember that you don't have to deal with financial stress on your own. Talking to a trusted friend or family member about your concerns can help you feel less alone and provide a sounding board for ideas and strategies.

Additionally, there are numerous resources available for those experiencing financial stress, including non-profit credit counselling organisations and financial support groups. Don't be afraid to reach out for help if you need it.


In conclusion, if you are feeling stressed about money, it's important to take action to reduce that stress. You can take steps to manage financial stress and improve your overall well-being by seeking professional advice, prioritising self-care, organising your finances, focusing on your financial goals and reaching out for support. Remember, small changes can make a big difference, so start today and take control of your financial future.

More Information

How Polar Credit can help with a variable income

A Guide to Managing your Money: The Invisible Spending

How to receive free debt advice

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